Saxo Bank enhances margin monitor
Multi-asset investment specialist Saxo Bank is enhancing the margin monitor.
In the beginning of May, Saxo will improve the visual impact of the margin monitor by using different colours to indicate urgency. Furthermore, the margin monitor will no longer be displayed when changes do not affect clients’ margin utilisation.
Currently, the margin monitor is a rather generic symbol.
Saxo is updating the margin monitor to reflect severity, using color-coded symbols: red for severe impact, amber for important impact, and blue for small impact.
The severity rules:
- Red: Calculated margin after the change is equal to or above 95%.
- Amber: Calculated margin after the change is either above 75% or the margin utilisation increases by 25% or more.
- Blue: All other scenarios, where calculated margin is below 75% and does not increase by more than 25%.
Additionally, the margin monitor will no longer be displayed when there is no actual impact on the client’s account (i.e., margin utilisation remains unchanged before and after the change). It will only appear if there is an actual impact on the client’s account.