When transferring securities at which price will the securities be booked?

When transferring an entire portfolio to Saxo Bank, the opening prices displayed on the platform for your transferred securities are determined by the information provided when initiating the transfer requests. If you supply opening prices during the transfer process, the portfolio will reflect those values; otherwise, the prices shown will correspond to the prevailing market rates on the date the securities are deposited into your account. This procedure is standard, as Saxo does not receive original opening price details from the sending financial institution during portfolio transfers.

If you wish to change your opening prices, please fill out this Excel file to request a change of opening prices, and please submit it by creating a case to Stock Transfers and write in the text that you wish to correct the price of the specific instrument.

You can find a guide on how to fill out this Excel file below.

Please note:

• Saxo Bank charges a fee of USD 10 per ISIN for changes to opening prices.
• The estimated processing time for changes to opening prices is up to 7 days.
• It is only possible to change the opening prices of securities transferred to Saxo Bank, but not those traded on your Saxo Bank account.

How to fill out the Excel file for changing opening prices:

1. Saxo ID: Here you should provide your Saxo ID.
2. Account: Here you should provide the account number of the Saxo account where the relevant security is located. An example of an account number on a Saxo account is 123456INET.
3. Quantity: Here you should specify the quantity of the relevant security.
4. Ticker Code: Here you should provide the ticker code for the relevant security. It is important to write the ticker code of the security and not the name or ISIN code of the security. You can find the ticker code for the relevant security in your position details. You can read more about how to find your position details here.
5. Current Price: Here you should specify the current opening price of the security on the platform.
6. New Price: Here you should enter the new opening price to which the current opening price should be updated.