Retail client funds received by Saxo Capital Markets (including cash balances, unrealised profits and funds used as margin collateral) are held in accordance with the Financial Services Authority’s client money rules and held in a secured segregated bank account and cannot be used by Saxo Capital Markets in the course of its day to day business operations.
Saxo Capital Markets undertakes initial and periodic assessments in the course of its selection and appointment of credit institutions holding client funds.