Futures contracts are traded on margin, enabling you to leverage a small margin deposit for much greater market exposure. You can find more information on our margin requirements here.

You can download the futures contract specifications in a single PDF document here.

If there is a Notice Day listed on your trade ticket, then your contract is settled physically. Taking or making physical delivery in an underlying asset is not offered through Saxo. We advise you to take note of the expiry and first notice dates (FND) for all the futures contracts you hold and ensure they are closed before the appropriate day. In the unlikely event of open positions at expiry, they will be handled as described below, and will include additional charges.

For some contracts, the FND which Saxo utilises could be several days earlier than the FND provided by the relevant exchange. Please always refer to the trading conditions displayed on the contract in the trading platform as well as the trade ticket to see specifications for each contract before trading.

• If the expiry day is prior to the first notice day (FND) as utilised by Saxo, the contract will be closed by Saxo on the expiry day.
• If the FND as utilised by Saxo is the same or prior to the expiry day any client's open contract will be closed by Saxo on the trading day prior to such FND.
• If futures positions are not closed before the relevant date, Saxo will close the position(s) on your behalf at the first available opportunity at the prevailing market rate. Clients who have not closed their positions in a timely fashion, as described above, will incur additional charges.

The specifications of each futures contract can be found here.

Additional information about expiries can also be found in our futures trading conditions.

Find more information about our general charges here.