Saxo Bank AS Cyprus | Tel: +357 250 21 121| Email: CyprusDesk@SaxoBank.com | Web Site: www.saxobank.com

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Saxo Bank A/S HeadquartersPhilip Heymans Allé 15DK - 2900 Hellerup, DenmarkPhone: +45 3977 4000Fax: +45 3977 4200Web: www.saxobank.com

For more information contact our office in CyprusPhone: +357 250 21 121 Email: cyprusdesk@saxobank.com

TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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* For fast help, press “F1” on your keyboard.

OPEN DEMO ACCOUNT

OPEN LIVE ACCOUNT

2. To view all Stock Options available for trading, select Trading > Instrument Explorer and drop down to Stock Options.

Welcome to Stock Options trading with Saxo Bank. Here are some quick tips to help you get started right away.

1. First, clear your screen by clicking on View > Add View.

Saxo Bank AS Cyprus | Tel: +357 250 21 121| Email: CyprusDesk@SaxoBank.com | Web Site: www.saxobank.com

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3. Instruments listed here are readily available to trade. The list of available stock options will be extended in the future.

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TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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* For fast help, press “F1” on your keyboard.

OPEN DEMO ACCOUNT

OPEN LIVE ACCOUNT

4. Alternatively, you can search for the desired instrument by entering the Stock name or ticker in the “Look for” field.

Example: enter “Deutsche Bank” or “DBK” into the field. Be sure to select the instrument listed under “Stock Options”.

5. Right click on the Stock Option in order to open the Trade Tickets.

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6. The Trade Ticket window opens with key details to help you place a trade order.

Expiry: The date at which the option expires

Strike: The exercise price of the option

Call/Put:

Call: The right to buy the underlying stock, at a specified price and a specified date.

Put: The right to sell the underlying stock, at a specified price and a specified date.

Quantity: Number of contracts that you want to buy or sell.

Buy/Sell: a way to open a call or put position in option transactions.

Buy to Open: To place an option trade, where the option position is not held short in the account during the transaction.

Sell to Open: To place an option trade by selling or establishing a short position in an option.

Entry type: Select the order type

Price: Choose the price you would like to buy or sell

Duration: The duration period of the order is valid for “Day Order”- the order will work until the end of the day.

Take Profit / Stop Loss: Place related limit or stop orders to your position

Exercise: The type of option is shown here. Ameri-can type options can be exercised any time prior to expiry whereas European type options can only be exercised at expiry.

Underlying: The underlying share of the options contract.

Contract size: The number of shares per options contract.

IMPORTANTImportant: Access to real time prices for stock options and the underlying stocks may require 2 different subscriptions. Note that for US stock options a subscription is also required to receive delayed data.

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TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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* For fast help, press “F1” on your keyboard.

OPEN DEMO ACCOUNT

OPEN LIVE ACCOUNT

7. If your order has been executed, you will see the Trade confirmation below.

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ACCOUNT SUMMARY8. By clicking on Account > Account Summary, you can view the new position in the “Open Positions” section.

IMPORTANTYou can place orders related to the position opened, directly from your account.

Close the position

Click the Close Position icon to immediately close the position

Limit order Click to place related limit order

Stop order Click to place related stop order

Square positions Click to square positions

Exercise Option Click to exercise your Stock Option.

Click on the plus icon to view additional details.

Click to see position details.

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TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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* For fast help, press “F1” on your keyboard.

OPEN DEMO ACCOUNT

OPEN LIVE ACCOUNT

PLACING STOCK OPTION ORDERS USING THE CONTRACT OPTIONS CHAIN

9. By clicking on Trading > Option Trading > Contract Options Chain you can view the Stock Options chain.

10. Enter the name or ticker of the target stock option into the “Instrument” field in order to view the Stock Options Chain for the particular instrument.

The Contract Options Chain module allows you to continuously monitor option prices. It consists of a grid of “Bid” and “Ask” option prices arranged by strike level and expiry date. Prices for “Put Options” for the selected contract are on the right hand side and prices for “Call Options” are on the left.

Expiry dates are shown along the top of the grid of prices. The expiry dates are fixed dates i.e. they do not move forward every day. You can use the scroll bar or arrow icon to expand sections to see additional dates.

Saxo Bank AS Cyprus | Tel: +357 250 21 121| Email: CyprusDesk@SaxoBank.com | Web Site: www.saxobank.com

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CHART MODULE11. In order to open the Chart module for the underlying stock, select Trading > New Chart. Select the underlying Stock of your choice.

To select an instrument use the “Instrument” field at the top left hand side of the module.

To find a strike price look at the centre of the screen.

Use the arrows at the centre of the module to scroll up and down between strike levels. To centre the board at the current at-the-money (ATM) strike level, click Reset (ATM) at the top of the module. Multiple strike prices may be displayed using the “Strikes” drop down menu.

To trade, click the price button for the strike and maturity you want. The Contract Options Trade module appears with all the information pre-populated. Verify the details and click Place Order.

Each row in the grid contains information and price buttons specific for that combination of strike level and maturity date. The prices update in real time. As markets move, prices at new strike levels will appear and become active. Market moves will result in some old strike levels periodically being removed, as they become either deeply in or deeply out-of-the-money.

PLACING STOCK OPTION ORDERS USING THE CONTRACT OPTIONS CHAIN

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TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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* For fast help, press “F1” on your keyboard.

OPEN DEMO ACCOUNT

OPEN LIVE ACCOUNT

ADDITIONAL INFORMATION

MORE ABOUT STOCK OPTIONS

STOCK OPTIONSPRICES

STOCK OPTIONS TRADING CONDITIONS

STOCK OPTIONSSTRATEGIES

PROTECTION OF CLIENT FUNDS

GENERAL EDUCATION

Read more about Stock Options on TradingFloor.com

Saxo Bank AS Cyprus | Tel: +357 250 21 121| Email: CyprusDesk@SaxoBank.com | Web Site: www.saxobank.com

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PRODUCT RISK: Accordingly to Executive Order on Risk Categorisation of Investment Products, Financial undertakings in Den-mark are required to categorise investment products, offered to retail clients, in green, yellow or red category. The categorisa-tion is made according to a graduation made by the Danish Financial Supervisory Authority which reflects the risk of losing the deposit. The table shows products available for trade in the Saxo Bank Group via the trading platform or by telephone.

GENERAL DISCLAIMER: None of the information contained herein constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy. This material is produced for marketing and/or informational purposes only and Saxo Bank A/S and its owners, subsidiaries and affiliates whether acting directly or through branch offices (“Saxo Bank”) make no representation or warranty, and assume no liability, for the accuracy or completeness of the information provided herein. In providing this material Saxo Bank has not taken into account any particular recipient’s investment objectives, special investment goals, financial situation, and specific needs and demands and nothing herein is intended as a recommendation for any recipient to invest or divest in a particular manner and Saxo Bank assumes no liability for any recipient sustaining a loss from trading in accordance with a perceived recommendation. All investments entail a risk and may result in both profits and losses. In particular investments in leveraged products, such as but not limited to foreign exchange, derivates and commodities can be very speculative and profits and losses may fluctuate both violently and rapidly. Speculative trading is not suitable for all investors and all recipients should carefully consider their financial situation and consult financial advisor(s) in order to understand the risks involved and ensure the suitability of their situation prior to making any investment, divestment or entering into any transaction. Any mentioning herein, if any, of any risk may not be, and should not be considered to be, neither a comprehensive disclosure or risks nor a comprehensive description such risks. Any expression of opinion may be personal to the author and may not reflect the opinion of Saxo Bank and all expres-sions of opinion are subject to change without notice (neither prior nor subsequent). This disclaimer is subject to Saxo Bank’s Full Disclaimer available at www.saxobank.com/disclaimer.

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TRADING STOCK OPTIONS ON THE SAXOTRADER PLATFORM

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* For fast help, press “F1” on your keyboard.

OPEN DEMO ACCOUNT

OPEN LIVE ACCOUNT

ARE YOU LOOKING FOR MORE PRODUCTS?

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Try a free demo account at www.saxobank.com

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Saxo Bank AS Cyprus | Tel: +357 250 21 121| Email: CyprusDesk@SaxoBank.com | Web Site: www.saxobank.com

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Saxo Bank A/S HeadquartersPhilip Heymans Allé 15DK - 2900 Hellerup, DenmarkPhone: +45 3977 4000Fax: +45 3977 4200Web: www.saxobank.com

For more information you can contact us at the Cyprus Office +357 250 21 121

or send an email atcyprusdesk@saxobank.com