Exchange agreements & holidays

Exchange agreements & holidays

Data subscriptions for real-time prices

At Saxo Bank all equities trade on actual market data from the stock exchanges. A subscription to the individual exchange is required to receive and trade on real-time market data.

A subscription to live price data from an exchange provides access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from that exchange.

An Online Subscription Tool is available on the trading platform. This tool provides you with a list of available exchanges and news services alongside the applicable monthly fees. You will be able to subscribe and unsubscribe to the services of your choice. Further information can be found in the Subscription Tool guide, which is also available on the trading platform.

Level 1 or Level 2 data?

Level 1 price data refers to the first level of the order book on the exchange. With a Level 1 subscription you can see live, streaming, bid and offer prices.

With a Level 2 price data subscription you can see live, streaming prices as with Level 1 but in additioan to this you can view the market depth of bid/offer prices and the amounts available at each price point.

Level 1 and Level 2 Exchange Data Fees

See full list of exchanges and prices for level 1 and level 2 data here

 

 

Data fee refund for active equity trading

For clients who trade equities and subscribe to real time market data, Saxo Bank has introduced a refund scheme where fees are refunded per exchange should clients trade a minimum of four (4) times across both stocks, ETFs and/or CFDs during each calendar month.

For the Australian Securities Exchange the minimum is six (6) trades.

Refunds are only applicable for non-professional clients subscribing to level 1 data, with the exception of the Australian Securities Exchange where the refund applies to level 2 data.

The definition of non-professional and professional subscribers may vary by exchange. Refunds are calculated on a monthly basis but paid out on a quarterly basis.

Exchange holidays

Updated 20 January 2017