Margin information

Collateral rates for margin trading.

(Professional clients only)

• Collateral rates for stocks and ETFs

  Saxo Markets allows Professional clients to use a percentage of certain stock and ETF investments as collateral for margin trading activities. The collateral value of a stock or ETF position depends on the rating of the individual stocks or ETFs – please see conversion table below.

  Collateral rates for stocks and ETFs

  Example: 75% of the value of a position in a Stock or ETF with Rating 1 can be used as collateral (instead of cash) to trade margin products such as Forex, CFDs, Futures and Options. Please note that Saxo Markets reserves the right to decrease or remove the use of Stock or ETF investment as collateral for large position sizes, or stock portfolios considered to be of very high risk.

  Rating	1	2	3	4	5	6
  Collateral value of position	75%	50%	50%	25%	0%	0%

• Collateral rates for bonds

  Saxo Markets allows Professional clients to use a percentage of certain bond investments as collateral for margin trading activities.

  The collateral value of a bond position depends on the rating of the individual bond, as outlined below:

  Rating definition*	Collateral percentage
  Highest Rating (AAA)	95%
  Very High Quality (AA)	90%
  High Quality (A)	80%

  * as rated internally by Saxo Group

  Example: 80% of the market value of a bond position with an A rating can be used as collateral (instead of cash) to trade margin products such as Forex, CFDs, or Futures and Options.

  Please note that Saxo Group reserves the right to decrease or remove the use of bond positions as collateral.