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Nettrading is proud to introduce the
trading desk. Many of our clients who maintain self-directed
accounts and call our trading desk to place orders have
expressed a need for more assistance. A new trader, perhaps
having completed a training course or paper trading, wants and
needs assistance from time to time. This trader needs to keep
his execution costs low but also realizes that not having
experience in trading can be very expensive.
Our new service bridges the gap between broker-assisted trading
and traditional discount desk services. Some of the services a
Nettrading client can expect are:
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Order checking
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Quotes
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Position checking
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Placement of contingent order
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Help identifying and placing different
order types
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Margin questions
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Identifying roll-over dates (such as
"first notice day" and "last trading day")
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Holiday trading hours
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Special market alerts
We can also assist your trading needs by
accepting the following orders:
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Work for a price
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OCO's
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Give-Ups
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If, then
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MOO
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MOC
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FOK
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Call-if-close
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Call Levels
If you feel that you may not need or desire
the services of a full-service broker or even broker-assisted
because you choose to guide your own trading, but would really
just like the comfort of knowing you can call your trading desk
and receive personal attention for any of the above services
(and others), then is Nettrading for you. Best of all, this
personalized attention is available at discount commission
prices.
Expiry of Futures Contracts
Please note that Saxo Bank does not support physical delivery of
the underlying security upon expiry of a futures contract. We
therefore advise you to be aware of the expiry and first notice
dates of any futures contracts you invest in and ensure that you
close your position before this date. If you do not close a
futures position before its expiry or first notice date, Saxo
Bank will close your position for you at the first available
opportunity at the prevailing market rate. Any resulting costs,
gains or losses will be passed on to you.
If you require any assistance or clarification regarding the
expiry of futures contracts, please contact Saxo Bank
Maintenance margin
Futures contracts are traded on margin enabling you to leverage
a small margin deposit for a much greater market effect.
You must maintain the Maintenance Margins listed per contract in
your account at all times. If the funds in your account fall
below this margin, you will be subject to a margin call to
either deposit more funds to cover your positions or close
positions — normallyyou will be notified through our trading
platform and via email. If your margin situation is not
remedied, we may close positions on your behalf.
Precious Metals



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