Saxo Bank Securities to change margin requirements for certain stock CFDs

Saxo Bank Securities K.K., the Japanese business of multi-asset trading and investment services provider Saxo Bank, is about to change the margin requirements for a set of stock CFDs.

Effective February 13, 2016 (0:30), the company is changing the minimum margin required for positions with the following stock CFDs:

  • Deutsche Bank, DB:xnys, DBK:xetr;
  • First Solar Inc., FSLR:xnas;
  • Genmab, GEN:xcse;
  • LinkedIn Corp., LNKD:xny;
  • Netflix Inc., NFC:xetr; NFLX:xnas;
  • Syngenta AG, SYT:xnas, SVJ:xetr, SYNN:xvtx;
  • Tesoro Petroleum Corp., TSO:xnys;
  • Yahoo Inc., YHOO:xnas.

The new margin requirement for all the above mentioned CFDs will be 25% and will apply to corporate and individual accounts.

The company also said that effective February 15, 2016 (16:30) it will change the margin requirement for the CFDs on shares in Softbank (9984:xtks). The new margin requirement is 25% and applies to corporate and individual accounts.

You can view the official announcement from Saxo Bank by clicking here.

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