Market Data

Subscriptions for real-time prices

At Saxo Bank 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.

Exchanges -​​ CFDs and StocksLevel 1Level 2
​​​PrivateProfessionalPrivateProfessional
​​North America & Canada​​​
US NASDAQ1,00 USD22,00 USDOnly level 1
US Nasdaq (TotalView)Only level 214,00 USD70,00 USD
US New York Stock Exchange1,00 USD45,00 USD*Only level 1
US NYSE (AMEX and Arca)1,00 USD23 USDOnly level 1
US NYSE, AMEX and Arca (TotalView)Only level 21,00 USD6,00 USD
Canada Toronto Stock ExchangeOnly level 221,00 USD86,50 USD
Canada Toronto Stock Exchange (incl. Venture)12,00 USD56,50 USDOnly level 1
​Europe / Middle East / Africa​
Greece Athens Exchange1,00 EUR7 ,00 EUR5,00 EUR10,50 EUR
Spain BME Spanish Stock Exchange4,50 EUR27,00 EUR14,50 EUR51,00 EUR
Italy Borsa Italiana/Milan Stock Exchange (Stocks and Futures)0,50 EUR13,20 EUR​1,2 EUR44,00 EUR
Hungary Budapest Stock Exchange1,00 EUR12,00 EUR2,00 EUR22,00 EUR
Germany Deutsche Börse (XETRA)15,00 EUR59,40 EUR20,00 EUR72,13 EUR
Germany Deutsche Börse Stock Indices and ETFs (DAX)1,00 EUR6,24 EUROnly level 1
US Euronext Stock Exchange1,00 EUR63,00 EUR1,00 EUR94,00 EUR
Ireland Irish Stock Exchange5,00 EUR12,48 EUR8,00 EUR18,72 EUR
South Africa Johannesburg Stock Exchange8,20 USD30,10 USD11,60 USD42,90 USD
UK London Stock Exchange4,10 GBP41,90 GBP6,00 GBP165,05 GBP
UK London Stock Exchange (IOB)2,05 GBP22,00 GBPOnly level 1
Denmark Nasdaq OMX Copenhagen Stockholm Helsinki1,00 EUR29,00 EUR5,00 EUR56,00 EUR
Norway Oslo Børs/Oslo Stock Exchange10,00 NOKn/a100,00 NOK298,00 NO​K
Czech Republic Prague Stock Exchange2,5 EUR12,00 EUR5,00 EUR22,00 EUR
Switzerland SIX Swiss Exchange6,00 CHF16,50 CHF56,00 CHF56,00 CHF
Poland Warsaw Stock Exchange12 PLN164 PLN158 PLN198 PLN
Austria Wiener Börse/Vienna Stock Exchange2,00 EUR34,00 EUR3,00 EUR44,00 EUR
Austria Wiener Börse/Vienna Stock Indices1,00 EUR8,00 EUROnly level 1
​​​​​Asia / Pacific
Australia Australian Securities ExchangeOnly level 2​20,00 AUD70​,00 AUD
Hongkong Hong Kong Stock Exchange (HKEX)120,00 HKD120,00 HKD200,00 HKD200,00 HKD
Singapore Singapore Stock Exchange10,00 SGD10,00 SGD60,00 SGD60,00 SGD
Japan Tokyo Stock Exchange (Stocks and Futures)140 JPY2,300 JPYOnly level 1

 

* The Price for New York Stock Exchange (NYSE) varies with the number of devices/users a client subscribes to. Example one user under corporate client must pay USD 45,00. Two users under a corporate client must pay 2 X USD 30,00/month.

 

Number of devices/us​ers on NYSEProfessional InvestorPrivate Investor
2 Devices or moreUSD 30,00USD 1,00
​​​

Data fee refund for active equity trading

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.

​​ ​​​

Updated 08 February 2016

Product Risk

Danish banks are required to categorise investment products offered to retail clients depending on the product’s complexity and risk as: green, yellow or red.

Stocks are categorised as yellow or red products depending on the individual instrument. For more information about the categorisation of the individual instrument and the level of risk involved, please see the Product Risk Categorisation located under our General Business Terms.

General Business Terms