Holding Fee Action required
As communicated previously, a Holding Fee on bought long dated Listed Options (above 120 days maturity at entry) will be charged from 1 August 2017. Your action is required in regards to how these fees should be applied:
- Default - The fee will be passed on to your trading client
- Absorb the fee – Your trading client will not be charged, instead the full fee will be charged to you
If Saxo does not receive your reply prior to 9 August 2017, the default profile will be assigned.
Please advise your respective Relationship Manager prior to the above date.
For more information please refer to our previous communication.