New-Combination-Order-Ticket-now-available-feb-2017

​​​​A new multi-legged order is now available in SaxoTrader, allowing traders to define and place Contract Option strategies on listed stock, ETF and index Options.

 

Features of the Combination Order Ticket

Features of the new Combination Order Ticket include:

  • Multi-legged ticket allows for ​trading complex options strategies such as horizontal spreads, straddles, strangles, iron condors and many more
  • Multi-legged orders to simultaneously Buy/Sell different Options
  • Multiple legs are delivered and executed as a single order
  • Up to four legs
  • Margin reduction over trading options individually
  • Spread trading to limit market risk
  • Ratio of strategies is retained between different legs (1:1, 2:1 and 3:1)
  • Price defaults to reference price within the spread, i.e. close to the mid-price of the spread itself
  • Quick reversal of a strategy from Buy to Sell, and vice versa
  • Dynamic display of Greeks, Volatility and Margin allows users to quickly analyse any spread set up before execution

Access to the Combination Order Ticket

All partners will be enabled for the Combination Order Ticket functionality from 1 February.

Once enabled, you will see Combination Orders under Option Trading as shown below:

 

Please note that you will only be able to utilise this functionality if you have Contract Options enabled. If you don’t have this product suite and would like to have it enabled, please contact your account manager.

If you do not wish to enable the Combination Order Ticket on your platform, please inform IAMSGP@saxobank.com.

 

Saxo Markets
3 Church Street, #30-00
Samsung Hub
Singapore 049483

All departments are available 08:30 to 17:30 Monday to Friday.

Singapore

Saxo Capital Markets Pte Ltd ('Saxo Markets') is a company authorised and regulated by the Monetary Authority of Singapore (MAS) [Co. Reg. No.: 200601141M ] and is a wholly owned subsidiary of Saxo Bank A/S, headquartered in Denmark. Please refer to our General Business Terms & Risk Warning 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 Margin FX products may result in your losses exceeding your initial deposits. Saxo Markets does not provide financial advice, any information available on this website is ‘general’ in nature and for informational purposes only. Saxo Markets does not take into account an individual’s needs, objectives or financial situation.

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

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.

This advertisement has not been reviewed by the Monetary Authority of Singapore.