At Saxo Capital Markets 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.
North America & Canada
Exchanges - CFDs and Stocks | Level 1 - Private | Level 1 - Professional | Level 2 - Private | Level 2 - Professional | |
---|---|---|---|---|---|
NASDAQ | 7.00 USD | 29.00 USD | n/a | n/a | |
Nasdaq TotalView and Last Sale (NYSE and Nasdaq) | n/a | n/a | 20.00 USD | 123.00 USD | |
New York Stock Exchange | 7.00 USD | 54.00 USD | n/a | n/a | |
NYSE (AMEX and Arca), Bats | 7.00 USD | 28 USD | n/a | n/a | |
Toronto Stock Exchange | n/a | n/a | 25.00 USD | 104 USD | |
Toronto Stock Exchange (incl. Venture) | 14.00 USD | 68 USD | n/a | n/a | |
Bats U.S. | 7.00 USD | 14.00 USD | n/a | n/a | |
S&P 500 Index | 6.00 USD | 7.00 USD | n/a | n/a | |
Dow Jones Industrial Average Index | 4.00 USD | 5.00 USD | n/a | n/a |
Europe / Middle East / Africa
Exchanges - CFDs and Stocks | Level 1 - Private | Level 1 - Professional | Level 2 - Private | Level 2 - Professional | |
---|---|---|---|---|---|
Athens Exchange | 7.00 EUR | 10.00 EUR | 10.00 EUR | 13.00 EUR | |
BME Spanish Stock Exchange | 7.00 EUR | 36.00 EUR | 18.00 EUR | 64.00 EUR | |
Borsa Italiana/Milan Stock Exchange (Stocks and Futures) | 7.00 EUR | 17.00 EUR | 10.00 EUR | 56.00 EUR | |
Budapest Stock Exchange | 7.00 EUR | 18.00 EUR | 10.00 EUR | 30.00 EUR | |
Deutsche Börse (XETRA) | 7.00 EUR | 78.00 EUR | 24.00 EUR | 94.00 EUR | |
Deutsche Börse Stock Indices and ETFs (DAX) | 7.00 EUR | 12.00 EUR | n/a | n/a | |
Euronext Stock Exchange | 7.00 EUR | 83.00 EUR | 7.00 EUR | 116.00 EUR | |
Euronext Stock Indices | 7.00 EUR | 21.00 EUR | n/a | n/a | |
STOXX Indices | 7.00 EUR | 16.00 EUR | n/a | n/a | |
Euronext Dublin | 7.00 EUR | 25.00 EUR | 7.00 EUR | 25.00 EUR | |
Johannesburg Stock Exchange | 12.00 USD | 44.00 USD | 16.00 USD | 63.00 USD | |
FTSE/JSE Stock Indices | n/a | 15.00 USD | n/a | n/a | |
FTSE@ Stock Indices | 6.00 GBP | 25.00 GBP | n/a | n/a | |
London Stock Exchange | 6.00 GBP | 53.00 GBP | 8.00 GBP | 202.00 GBP | |
London Stock Exchange (IOB) | 6.00 GBP | 29.00 GBP | n/a | n/a | |
Nasdaq OMX Copenhagen Stockholm Helsinki | 7.00 EUR | 39.00 EUR | 10.00 EUR | 72.00 EUR | |
Oslo Børs/Oslo Stock Exchange | 60.00 NOK | n/a | 120.00 NOK | 434.00 NOK | |
Prague Stock Exchange | 7.00 EUR | 18.00 EUR | 10.00 EUR | 30.00 EUR | |
Prague Stock Indices | Free | 7.00 EUR | n/a | n/a | |
SIX Swiss Exchange | 7.00 CHF | 30.00 CHF | 108.00 CHF | 108.00 CHF | |
SIX Swiss Stock Indices | 7.00 CHF | 7.00 CHF | n/a | n/a | |
Warsaw Stock Exchange | 30 PLN | 165 PLN | 141 PLN | 177 PLN | |
Wiener Börse/Vienna Stock Exchange | 7.00 EUR | 43.00 EUR | 10.00 EUR | 55.00 EUR | |
Wiener Börse/Vienna Stock Indices | 7.00 EUR | 13.00 EUR | n/a | n/a | |
Bats Europe All Markets | n/a | 30.00 GBP | 17.00 GBP | 67.00 GBP | |
Bats Europe BE FR NL PT | n/a | n/a | 6.00 GBP | n/a | |
Bats Europe CH ES IT | n/a | n/a | 6.00 GBP | n/a | |
Bats Europe DE AT | n/a | n/a | 6.00 GBP | n/a | |
Bats Europe DK FI NO SE | n/a | n/a | 6.00 GBP | n/a | |
Bats Europe UK IE | n/a | n/a | 6.00 GBP | n/a |
Asia / Pacific
Exchanges - CFDs and Stocks | Level 1 - Private | Level 1 - Professional | Level 2 - Private | Level 2 - Professional | |
---|---|---|---|---|---|
Australian Securities Exchange | n/a | n/a | 24.00 AUD | 127.00 AUD | |
Hong Kong Stock Exchange (HKEX) | 144.00 HKD | 144.00 HKD | 240.00 HKD | 240.00 HKD | |
Stock Connect (HK-Shanghai) | n/a | n/a | 12.00 USD | 29.00 USD | |
Stock Connect (HK-Shenzhen) | n/a | n/a | 12.00 USD | 29.00 USD | |
Singapore Stock Exchange | 15.00 SGD | 15.00 SGD | 72.00 SGD | 72.00 SGD | |
Tokyo Stock Exchange (Stocks and Futures) | 835 JPY | 2,760 JPY | n/a | n/a |
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.
All clients have access to delayed market data on futures exchanges on which they are enabled to trade. To receive real-time market data for Futures or Contract Options trading, you will have to subscribe to the individual 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?
- 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 the depth of the prices and the amounts available at each price point.
When you subscribe to live prices from a derivative exchange, if the exchange offer both Futures contracts and Contract Options, live prices on both are included in the subscription.
By default, clients have access to delayed market data on the equities and futures exchanges on which they are enabled to trade.
To receive real-time market data for stock, CFD or futures trading, clients will have to subscribe to the individual exchanges. Clients will incur monthly subscription fees for the data they elect to receive in real time.
An Online Subscription Tool is available on the trading platform. In the tool, clients will find a list of available exchanges and the applicable exchange fees.
Clients will be able to subscribe and unsubscribe to services of their choice. The exchange subscription agreements can ONLY be submitted via the Subscription Tool.
Exchanges - Futures | Level 1 | Level 2 | ||
---|---|---|---|---|
Private | Professional | Private | Professional | |
Borsa Italiana/Milan Stock Exchange (Stocks and Futures) | 7.00 EUR | 17.00 EUR | 10.00 EUR | 56.00 EUR |
CBOE Indices | 7.00 USD | 7.00 USD | Only level 1 | Only level 1 |
CFE Futures Exchange | 7.00 USD | 12.00 USD | Only level 1 | Only level 1 |
EEX Energy | 24.00 EUR | 24.00 EUR | Only level 1 | Only level 1 |
EUREX | 7.00 EUR | Only level 2 | 13.00 EUR | 63.00 EUR |
Euronext Commodities Derivatives | Only level 2 | Only level 2 | 18.00 EUR | 18.00 EUR |
Euronext Equity & Index Derivatives | 7.00 EUR | Only level 2 | 41.00 EUR | 41.00 EUR |
GLOBEX (CME, COMEX, CBOT and NYMEX) | 7.00 USD | 504.00 USD | 18.00 USD | 504.00 USD |
CME | 7.00 USD | 126.00 USD | 11.00 USD | 126.00 USD |
CBOT | 7.00 USD | 126.00 USD | 11.00 USD | 126.00 USD |
NYMEX | 7.00 USD | 126.00 USD | 11.00 USD | 126.00 USD |
COMEX | 7.00 USD | 126.00 USD | 11.00 USD | 126.00 USD |
Hong Kong Futures Exchange (HKFE) | 56.00 HKD | 56.00 HKD | 83.00 HKD | 83.00 HKD |
ICE Futures Europe Financials | 132.00 USD | 132.00 USD | 132.00 USD | 132.00 USD |
ICE Futures Europe Commodities | 150.00 USD | 150.00 USD | 150.00 USD | 150.00 USD |
ICE Futures U.S. (NYBOT) | 132.00 USD | 132.00 USD | 132.00 USD | 132.00 USD |
MEFF Spanish Futures | 7.00 EUR | 17.00 EUR | 9.00 EUR | 26.00 EUR |
Montreal Futures Exchanges | 7.00 USD | 48.00 USD | Only level 1 | Only level 1 |
Nasdaq OMX Derivatives Exchange | 7.00 EUR | 39.00 EUR | 10.00 EUR | 39.00 EUR |
OPRA Options | 7.00 USD | 38.00 USD | Only level 1 | Only level 1 |
Osaka Securities Exchange | 835.00 JPY | 1250.00 JPY | 1250.00 JPY | 1670.00 JPY |
Singapore Derivatives Exchange | 78.00 SGD | 78.00 SGD | 108.00 SGD | 108.00 SGD |
Sydney Futures Exchange | Only level 2 | Only level 2 | 24.00 AUD | 127.00 AUD |
Streaming News | Private | Professional Institutional Client |
---|---|---|
NewsEdge Bonds | Free* | Free* |
NewsEdge Central Banks | Free* | Free* |
NewsEdge Commodities | Free* | Free* |
NewsEdge Corporate | Free* | Free* |
NewsEdge Equity | Free* | Free* |
NewsEdge Forex | Free* | Free* |
NewsEdge Futures | Free* | Free* |
NewsEdge Macro | Free* | Free* |
NewsEdge Arabic | Free* | Free* |
NewsEdge Australia & New Zealand | Free* | Free* |
NewsEdge Chinese | Free* | Free* |
NewsEdge French | Free* | Free* |
NewsEdge German | Free* | Free* |
NewsEdge Japanese | Free* | Free* |
NewsEdge Portuguese | Free* | Free* |
NewsEdge Portuguese LATAM | Free* | Free* |
NewsEdge Russian | Free* | Free* |
NewsEdge Spanish | Free* | Free* |
NewsEdge Spanish LATAM | Free* | Free* |
Oslo Børs News | Free* | Free* |
Ritzau Finans Light (excl. flash), 60-min delay | Free* | Free* |
Ritzau Finans Light (excl. flash), Real-time | Free* | 508 DKK |
Ritzau Finans Premium (incl. flash), Real-time | 442 DKK | 1014 DKK |
SENS News | Free* | Free* |
TDN Finans | 830 NOK | 830 NOK |
TDN Finans 25 min Delayed | Free* | Free* |