If clients use margin lending (applicable for Dutch end-customers only), the following conditions and information documents apply in addition to the provisions of the Margin Lending Agreement:
- Overeenkomst Effectenkrediet Tripartiete Dienstverlening
- Voorwaarden Effectenkrediet Tripartiete Dienstverlening
- Belangrijke Informatie Effectenkrediet Tripartiete Dienstverlening
- Europese Standaardinformatie Effectenkrediet Tripartiete Dienstverlening
- EMIR reporting SFTR reporting en UMR *
- Client Agreement Margin Lending Tripartite Services
- Terms & Conditions Margin Lending Tripartite Services
- Important Information Margin Lending Tripartite Services
- European Standard Information Margin Lending Tripartite Services
- EMIR reporting and STFR reporting and UMR - FAQ *
* ONLY applicable and mandatory for corporate clients
When using margin lending, different and generally stricter deficit procedures apply on the Saxo platform compared to the Binck platform. In some cases, a shortfall can lead to the immediate closure of all positions in your clients portfolio. In this article, you can read more about the deficit procedure at Saxo Bank.
Two regimes for margin lending limit allocation for end-clients - light vs heavy
We will not change the way that the underlying collateral is calculated. Here’s how it works:
- A client operating under the heavy regime will be granted a credit facility of up to EUR 500,000, based on the collateral value of the portfolio. The cap on available credit will be in effect, even if the calculated collateral value of the underlying instruments is higher than EUR 500,000.
- For clients operating under the light regime, the same logic applies for the EUR 5,000,000 cap.