Equities Market Data

At Saxo Bank all equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe to the individual exchange. 

A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from the particular exchange.

An Online Subscription Tool is available in the trading platform. In the tool, you will find a list of available exchanges and news services alongside the applicable monthly fees. You will be able to subscribe and unsubscribe to 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 on top of this you can see the market depth of bid/offer prices and the amounts available at each price point.

Exchanges - CFDs and StocksLevel 1Level 2
PrivateProfessionalPrivateProfessional
North America & Canada
 
NASDAQ
7,00 USD27,00 USDOnly level 1
 
Nasdaq (TotalView)
Only level 217,00 USD84,00 USD
 
New York Stock Exchange
7,00 USD54,00 USD*Only level 1
 
NYSE (AMEX and Arca)
7,00 USD28 USDOnly level 1
 
NYSE, AMEX and Arca (TotalView)
Only level 27,00 USD7,00 USD
 
Toronto Stock Exchange
Only level 225,00 USD104 USD
 
Toronto Stock Exchange (incl. Venture)
14,00 USD68 USDOnly level 1
 
Bats U.S.
7,00 USD14,00 USDOnly level 1
Europe / Middle East / Africa
 
Athens Exchange
7,00 EUR10 ,00 EUR10,00 EUR13,00 EUR
 
BME Spanish Stock Exchange
7,00 EUR32,00 EUR17,00 EUR61,00 EUR
 
Borsa Italiana/Milan Stock Exchange (Stocks and Futures)
7,00 EUR17,00 EUR10,00 EUR55,00 EUR
 
Budapest Stock Exchange
7,00 EUR13,00 EUR10,00 EUR27,00 EUR
 
Deutsche Börse (XETRA)
18,00 EUR71,00 EUR24,00 EUR87,00 EUR
 
Deutsche Börse Stock Indices and ETFs (DAX)
7,00 EUR10,00 EUROnly level 1
 
Euronext Stock Exchange
7,00 EUR76,00 EUR10,00 EUR110,00 EUR
 
Irish Stock Exchange
7,00 EUR13,00 EUR10,00 EUR23,00 EUR
 
Johannesburg Stock Exchange
11,00 USD41,00 USD14,00 USD58,00 USD
 
London Stock Exchange
6,00 GBP52,00 GBP8,00 GBP198,00 GBP
 
London Stock Exchange (IOB)
6,00 GBP29,00 GBPOnly level 1
 
Nasdaq OMX Copenhagen Stockholm Helsinki
7,00 EUR39,00 EUR10,00 EUR72,00 EUR
 
Oslo Børs/Oslo Stock Exchange
60,00 NOKn/a120,00 NOK370,00 NOK
 
Prague Stock Exchange
7,00 EUR16,00 EUR10,00 EUR28,00 EUR
 
SIX Swiss Exchange
7,00 CHF30,00 CHF108,00 CHF108,00 CHF
 
Warsaw Stock Exchange
29 PLN220 PLN190 PLN238 PLN
 
Wiener Börse/Vienna Stock Exchange
7,00 EUR41,00 EUR10,00 EUR53,00 EUR
 
Wiener Börse/Vienna Stock Indices
7,00 EUR10,00 EUROnly level 1
 
Bats Europe All Markets
n/a28,00 GBP17,00 GBP63,00 GBP
 
Bats Europe BE FR NL PT
Only level 26,00 GBPn/a
 
Bats Europe CH ES IT
Only level 26,00 GBPn/a
 
Bats Europe DE AT
Only level 26,00 GBPn/a
 
Bats Europe DK FI NO SE
Only level 26,00 GBPn/a
 
Bats Europe UK IE
Only level 26,00 GBPn/a
Asia / Pacific
 
Australian Securities Exchange
Only level 224,00 AUD90,00 AUD
 
Hong Kong Stock Exchange (HKEX)
144,00 HKD144,00 HKD240,00 HKD240,00 HKD
 
Singapore Stock Exchange
15,00 SGD15,00 SGD72,00 SGD72,00 SGD
 
Tokyo Stock Exchange (Stocks and Futures)
835 JPY2,760 JPYOnly level 1

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, except for 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.

Updated 11 April 2017