Multi-asset investment specialist Saxo Bank is planning changes to its lineup of investment instruments.
Saxo has informed its white label partners that it is in the process of discontinuing the Japan 225 Index CFD. Current exposure can be reduced until the end of February.
On 28 February 2025, all remaining positions will be closed automatically.
If WLs wish to offer their end-clients an alternative, expiring CFDs such as “JP225DEC24” or “JP225MAR25” can be made available. However, please note that redistributing the underlying price data for these expiring CFDs requires a direct license with the Singapore Exchange (SGX) and WLs will need to enter into a direct license agreement with SGX, if they do not already hold one.