Stock Option Commissions

Volume-Based Commissions

Trade Volume: Contracts per Month

CURRENCY Standard Charge
EUR 2.00
GBP 1.50
USD 2.00
CHF 3.00
HKD 20.00

* Above 1,000 lots per month clients are encouraged to speak with their Account Manager to negotiate commission levels based on the volume they offer.

No Minimum Ticket Fees

When trading Stock options at Saxo Capital Markets, there are no minimum ticket fees. Each trade is subject to a flat-rate fee based on the applicable volume bracket. 

Carrying Cost from 1 July 2017

From 1 July 2017, overnight positions in Stock Options will be subject to a carrying cost. The carrying cost will be calculated on the basis of the daily margin requirement and applied when a position is held overnight.
The funding rate used for calculating the carrying cost is based on the relevant Interbank-rate + markup (150 bps).

Carrying Cost = Margin requirement * Holding time * (Relevant Interbank rate + Markup) / (365 or 360 days)

Holding Fee on long dated bought options from 1 July 2017

From 1 July 2017, a Holding Fee on bought long dated Stock Options will apply. 
The Holding Fee will only apply to bought Stock Options with maturity beyond 120 days and be calculated based the Nominal Value and charged end-of-month.

Bought Options daily holding fees per million (Nominal Value)
< 120 days maturity n.a.
>120 days maturity 1.10
 

Holding Fee per day = Nominal Value / 1,000,000 * Holding Fee

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