Video

#SaxoStrats
Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Squawk / 05 February 2016 at 18:57 GMT
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United Kingdom
Hi Simon - can you advise what the spreads are for the FTSE100 CFD in hours? Thanks, Tim
4y
Simon Kjaer Simon Kjaer
Hi TimmyTime, the CFD spread on the UK100 (FTSE100) amounts to 1.0.
You can find more information about CFD pricing here: http://www.saxobank.com/prices/cfds/?int_cmpid=gl:prices:stocks:default_spreads%20%26%20commissions_1#stop

Hope you're in for a good week. Safe trading.
/Simon
4y
timmytime timmytime
Do you know its almost impossible to get a 1.0 spread trading the FTSE 100? Mostly my spread is 1.5-1.7 in market hours. If you trade very low £pp then you can get a 1.0 spread, but then you cannot fill a trade order easily at all. It can take around 10-15 attempts to fill one order.
4y
Simon Kjaer Simon Kjaer
The UK100 spread is listed as 'as low as 1', but as you mention quite varies. This spread is affected by the underlying futures contracts, where changes in the liquidity of the futures generally cause the spread of the CFD to increase or decrease.

From browsing your trade history, I can see you're quite an active trader. Seeing as we've just launched a new pricing model for stocks and CFD's, I just wanted to bring this to your attention, as it may be of interest to you. With the new pricing model, the spreads on UK100 are as low as 0.85.

You can read more about active pricing for CFD / stock traders here:
http://uk.saxomarkets.com/cfds?int_cmpid=equity-pricing_frontpage_cfds_uk

If you wish, I can have you account manager give you a call, to present the details?

Kind regards,
Simon
4y
timmytime timmytime
Yes please--- I have no idea who my account manager is, but if you can ask them to drop me a line that would be grand. Cheers, Tim

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