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Bond Trading Conditions

Execution policy

Please find our Best Execution policy here

Trading hours

The trading hours for online bonds trading are as follows:

Australia and New Zealand09:00 – 17:00Tokyo hours
Asia09:00 – 18:00Tokyo hours
Central Eastern Europe08:00 – 17:00London hours
Middle East and Africa08:00 – 17:00London hours
European market (corporate and government)08:00 – 17:00London hours
US market (government)22:00 – 16:00New York hours
US market (corporate)09:00 – 16:00New York hours
Latin America09:00 – 16:00New York hours

The trading hours for offline bonds trading is 24/5.

Minimum trading size

The minimum trading size for any bond trade can vary and depends on the individual terms of the bond. 

For online traded bonds, unless the minimum trading size as defined by the terms of the bond is higher, Saxo Bank will apply a minimum of nominal USD 10,000 or the equivalent when trading bonds in other currencies.

Saxo Bank is not able to accept any orders below this minimum trading size.

Execution policy

Please find our Best Execution policy here.

Trading hours

The trading hours for offline bonds trading is 24/5.

Minimum trading sizes

The minimum trading size for any bond trade can vary and depends on the individual terms of the bond. 

For offline traded bonds, unless the minimum trading size as defined by the terms of the bond is higher, Saxo Bank will apply a minimum of nominal USD 50,000 or the equivalent when trading bonds in other currencies.

Saxo Bank is not able to accept any orders below this minimum trading size.

Saxo Bank will not provide any advice on any tax issues related to any services.

Clients are advised to obtain individual independent counsel from a financial advisor, auditor or legal counsel with respect to tax implications of the respective services.

On an informal basis, we do provide tax relief at source for US products, subject to IRS documentation being in place and the country of residence of the client having a double taxation treaty in place with the US.

Coupon payments and bond redemptions, ordinary as well as extra ordinary, will be credited to the respective account with any applicable standard withholding taxes deducted.

Saxo Bank cannot currently support or offer preferential withholding tax rates that may be available due to residency or legal status.

Please allow a few business days from the coupon or redemption settlement date to process the payment.

For any questions related to pending or past corporate action events on bond positions please contact your local account executive or corporateactions@saxobank.com

Saxo Bank A/S - Representative Office
Boulevard Plaza - Tower 1
30th floor, office 3002
Dubai Downtown, Burj Khalifa area
Dubai
UAE

UAE

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All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

Saxo Bank A/S is licensed by the Danish Financial Supervisory Authority and operates in the UAE under a representative office license issued by the Central bank of the UAE.

The content and material made available on this website and the linked sites are provided by Saxo Bank A/S. It is the sole responsibility of the recipient to ascertain the terms of and comply with any local laws or regulation to which they are subject.

The UAE Representative Office of Saxo Bank A/S markets the Saxo Bank A/S trading platform and the products offered by Saxo Bank A/S.