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Saxo to discontinue certain Forex CFDs

Maria Nikolova 0 Comments December 1, 2023

Multi-asset investment specialist Saxo Bank plans to discontinue certain Forex CFDs, effective December 29, 2023.

The following instruments will be affected:

All open positions in the above-mentioned instruments will be closed at 11:00 on December 29, 2023. Traders are advised to close their positions before the deadline. Alternatively, Saxo will close the positions on traders’ behalf.

Currently, positions in these trading instruments can be closed only.

Saxo notes that while it is discontinuing certain Forex CFDs, trading these Forex pairs as spot FX, FX swaps and FX options is still available.

Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.