Transcript Saxo Bank A/S

Bonds
Product guide for WLC and IB
July 7, 2015
Agenda
1
Unique Selling Proposition and key features
2
How to promote Bond Trading
3
Trading Bond for WLC account structure
4
Operational services and segregation
5
Dynamic asset allocation
Bonds in Saxo Bank – trend of the trade
Trading Volumes is up
Activity in EM Bonds and Corporate Bonds increase.
Top 5 USP´s
Up to 95% of Bonds collateral can be used for trading margin products (FX, CFD,
Futures, Contract Options)
Very low trade commissions of only 0.08% (subject to a EUR 80 min)
Trading in a wide selection of Government and Corporate Bonds
Real-time monitoring of your positions through a single multi-asset account on
Saxo' platforms
Charts and issuer info available per request
Why Bonds
Bond is a side-order to marginal products
Great for portfolio diversification with equities
Good for multi-product strategies
Adding to activity levels for ”old world” products
Bond has always been a great asset to hedge yourself against equity volatility
Crash of 2011
the money lost on equities
10 Yr Bunds
DAX
How to promote Bonds
Fixed coupon bonds
21 currencies
6000 bonds
Competitive fee and commission structure
Trading Bond
WLC Account structure
End-client account
Account need funding
Contact trading desk or account manager for receiving instant quotes
Trade will be seen in position summary with EOD price feed
On the Omnibus account
Direct contact to trading desk via Reuters/ Bloomberg/ Saxotrader
Trading hours is European hours + late APAC/early Latin America
Account need funding
Additional Bloomberg trading ticket can be send on your request
Operational services and segregation
WLC Account structure
Flexible Trading
OTC Order possible on demand
Allocation possible (Manually)
Minimum ticket sizes of 50k and to follow market conventions
Additional Bloomberg trading ticket can be send on your request
Bonds Segregation
Bond is segregated at our Custodian Bank (CITI) to comply with MIFID and ”Danish law for
Financial Institutions”
Client assets are segregated from Saxo Banks own assets.
Bond transactions are done with Euroclear Settlement.
Dynamic Asset Allocation
Generate extra trading activities
Anheuser-Busch Equity
Client take profit and sells 100k in
Anheuser-Busch Equities.
Anheuser-Busch
3.25% 2033 € Bond
Client buys 100k in the bond instead,
as client believes chance of upside.
The dynamic between bonds and equities is a key factor to activate your clients´AUM:


Exclusive Equity traders who allocate into bonds to diversify his portfolio, becomes more dynamic going in
a long run, it is a strong portfolio management strategy
This is a way for your end-clients to have a portfolio strategy with a lower risk level
If you have any question please contact:
Simon Fasdal
Head of Fixed Income Trading
[email protected]
*Please do not distribute to end client