FX-value-date-rollover-change-jan-2017

Title: FX value date rollover change
Page Content:

To align with common industry practice and provide the best trading experience, Saxo has changed the way we handle FX value date rollovers.

Prices for FX spot, forwards and options now stop streaming live from one minute before the end of day (17:00 NY time) and remain non-tradable (grey pricing) for five minutes.

During this five minute window, our liquidity providers shut off streaming prices and liquidity can be thin or unavailable. In order to protect you and your customers, and align with available liquidity in the market, we are now following common industry practice and do not stream live prices during this brief interval around the date roll.

If you have any questions, please don’t hesitate to contact your Account Manager.

The Saxo trading platform has received numerous awards and recognition. For details of these awards and information on awards visit www.home.saxo/en-au/about-us/awards

Saxo Capital Markets (Australia) Pty Ltd ABN 32 110 128 286 AFSL 280372 (‘Saxo’ or ‘Saxo Capital Markets’) is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms, Financial Services Guide and Product Disclosure Statement to consider whether acquiring or continuing to hold financial products is suitable for you, prior to opening an account and investing in a financial product.

Trading in financial instruments carries various risks, and is not suitable for all investors. Please seek expert advice, and always ensure that you fully understand these risks before trading. Trading in leveraged products such as CFDs and Margin FX products may result in your losses surpassing your initial deposits. Saxo Capital Markets does not provide ‘personal’ financial product advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Capital Markets does not take into account an individual’s needs, objectives or financial situation.

Apple, iPad and iPhone are trademarks of Apple Inc., registered in the US and other countries. AppStore is a service mark of Apple Inc.

The information or the products and services referred to on this website may be accessed worldwide, however is only intended for distribution to and use by recipients located in countries where such use does not constitute a violation of applicable legislation or regulations. Products and Services offered on this website is not intended for residents of the United States and Japan.
Please click here to view our full disclaimer.