Saxo Introduces Fractional Amounts And Extended Hours For Index CFDs

Saxo Bank, the online trading and investment specialist, today announces the introduction of fractional amounts and extended hours for Index CFDs.

Since 3 January, Saxo clients have been able to trade CFD Index trackers with fractional amounts as low as 0.01 contracts, enabling them to fine-tune their exposure and provide them with even more trading flexibility and control.

In addition, clients are now able to trade some of Saxo’s most popular Index CFDs for longer, notably the US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average). All have been extended with 1 hour and 1 minute and can now be traded between 18 EST and 17 EST, allowing traders to take advantage of the opportunity to react to events which occur both before and after the exchanges open and close.

Trading costs will stay the same since the normal spreads will simply be divided by the fractional amount when clients submit their order.

For more information, please visit: https://www.home.saxo/content/commentaries/mpu/product-update/fractional-amounts-for-cfd-indices-30112021