24 October 2016
Visit www.dh.com

Saxo Bank introduces futures spread treading

18 February 2014  |  928 views  |  0 Source: Saxo Bank

Saxo Bank, the online trading and investment specialist, is further enhancing its product portfolio for its retail and institutional clients through the introduction of futures spread trading.

From 18 February, clients will be able to trade futures spreads on a variety of assets across all of Saxo Bank's platforms, including its SaxoTrader mobile apps for smartphone and tablets. The introduction of this product to Saxo Bank's offering enables its clients to trade intramarket futures spread as well as named calendar futures spreads on a range of key contracts including gold, oil and other commodities, interest rates, bonds and major stock indices.

One of the key attractions of futures spread trading is the ability to use a single order ticket to roll over your Futures contracts before expiry to the next maturity date, with no legging risk or spread risk.

Patrice Henault, Futures and Listed Options Product Manager at Saxo Bank, commented:

"A calendar spread is defined as the sale of one or more contracts and the purchase of one or more offsetting futures contracts in the same market but in different a month, for example Short September Corn and Long December Corn. The calendar spread trader positions himself between the speculator and the hedger. Rather than take risk of excessive price fluctuations, he takes on the risk in the difference between two different trading months. Calendar spreads are less volatile than other forms of trading including share trading, option trading and straight futures trading. In fact, it is because of such low volatility that margins for spreads are so low. Spreads typically trend more often, more steeply and for a longer time than do other forms of trading". 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Find out moreVisit www.i2cinc.comVisit capgemini.com

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
38420 views comments | 133 tweets | 244 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8703 views comments | 26 tweets | 19 linkedin
Visa treads on Swift's toes with blockchain pilot for high value paymentsVisa treads on Swift's toes with blockchai...
7559 views comments | 33 tweets | 35 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
7271 views comments | 29 tweets | 23 linkedin
Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018Visa tells Europe to be ready for 3-D Secu...
7149 views comments | 12 tweets | 25 linkedin

Featured job

Basic £100-120K plus significant MBO and quota Bon...
London based with substantial international travel

Find your next job