Support Centre for Saxo Capital Markets Pte Ltd

Can I use my funds before the value date?

Yes, you can - funds are available immediately for further operations after being booked and will appear in your Account Summary under “Transactions not booked”:

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The amount booked will move from “Transactions not booked” to “Cash balance” on the following day:

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Please note that the use of cash before value date will have an impact on the interest calculation as Interest is calculated on the value dated cash balance and not posting date (date the fund are booked).
In case you have negative free equity on the account, you will be charged negative interest.

For further information about Net free equity and its calculation, please click here


 

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