Futures contracts are traded on margin, enabling you to leverage a small margin deposit for much greater market exposure.

Read more about Futures margins here.

The specifications of each futures contact can be found 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.

• If the expiry day is prior to the first notice day (FND) the contract will be closed by Saxo on the expiry day.
• If the FND 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 the 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 contact can be found here.

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

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