You are on page 1of 29

ICICIdirect and SAXO Bank

ICICIdirect Introduces Global Equities


& ETFs
ICICIdirect in Association with Saxo Bank

 Provide all Resident Indian Investors access to world wide Equity Market, ETFs,
Bond Markets.

 Invest in equities across 36 stocks exchanges across the 24 countries

 Buy blue chips stocks like Google, Apple, Micro Soft etc sitting in India

 Invest, build and diversify portfolio in developed economies

 Access world wide markets on your Mobile platforms and many more feature

 Get access to third party research with TradingFloor.com


About SAXO Bank
Saxo Bank Facts

AA fully EU-


EU-regulated Danish investment bank
founded in 1992.
 Specialises in online trading and investment,
servicing retail clients, corporations and financial
institutions.
 A leading presence in online trading due to client
service, competitive pricing and industry-
industry-leading
trading platforms.
 Enables investors to trade ETFs, Stocks via multi-
multi-
award winning online trading platforms.
 Close client relationships enable tailor-
tailor-made
investment consultancy services.
Products for Investment
Products you can invest

Stocks

Provide one of the largest online offering of stocks.


Provide
 More than 18,000 stocks.

ETF’s and Investment Funds

 Saxo Bank offers more than 1,600 different investment funds.


 The ETFs are listed products.
Steps to Invest or Trade Overseas

Steps to Invest or Trade overseas

 Open an overseas account

 Remit Funds

 Account gets activated

 User Id and Password is generated by Saxo Bank

 Choose amongst various trading platforms

 Login in your Saxo Bank Overseas Trading account and Invest or trade
Account Opening and Documentation
Eligibility for Account Opening

 All Resident Indian Individuals

 Existing Resident Indian Individual customers of ICICidirect.com can


open a new Overseas Trading account

 New customers can open overseas trading account with a new


ICICIdirect.com account

 Account opening charges for new and existing customers for Overseas
Trading Account is Rs 1500.
Documents Required

 ID Proof: One coloured self attested PAN card or Passport copy

 Address Proof: One coloured self attested copy of Address proof as per
list below
Driving License
Passport
Aadhar Card
Latest Bank Statement(issued in last 6 month)
Utility bills (issued in last 6 months, no mobile bills are accepted)
Tax Statement Issued in Last 6 Months

 Account opening cheque of Rs 1500 in favour of ICICI Securities


Account Opening Process

 Fill in the Account Opening Form of Overseas Trading

 Collect the required coloured self attested copy of document


Identity Proof, Address Proof, cheque of Rs 1500 favouring ICICI
Securities Limited.

 Submit form at any of nearest ICICI Securities Branch.


Remittance, Limits and Tax Liability
Fund Transfer Remittance

 RBI decides the Remittance Limit for each Resident Individual for each
FY.

 Remittance can be done through any of your bank where you hold an
account.

 Contact your banker for more details on remittance and charges.


Investment Limit and Tax Liabilities

 RBI decides the Remittance Limit for each Resident Individual for each FY.
 Tax liability: The gains will be added to individuals income
 Tax liability will be in accordance to Indian Tax laws
 Tax-
Tax-Reclaim services : Globe Tax
The tax reclaim service is provided by Saxo Bank A/S’ partner, GlobeTax.
Saxo Bank is not responsible for and does not assume any liability for the
service provided, including, but not limited to, the accuracy or completeness
of the information provided to GlobeTax by Saxo Bank or Saxo Bank’s
Custodians in the tax reclaim process.

Follow the link for more information:


Trading Platforms
Various Trading Platforms

REAL TIME MARKET PRICES

LIVE OPEN POSITIONS LIST GRAPH WITH TECHNICAL ANALYSIS

OPEN ORDER LIST ONLINE NEWS


Multi-
Multi-asset platform – Multi-
Multi-product offering

Saxo WebTrader Trading Apps


Saxo Trader
 SaxoWebTrader can be  The SaxoTrader mobile
 The platforms are apps for iPad, iPhone and
downloadable. used from any PC with
internet access. Android.
 The SaxoTrader is
distributed via SaxoBank.
 Includes the newly  This flexible platform
 These solutions are enables around-
around-the-
the-clock
preferred by the most developed and specialised
Equity platform catering for access to trading accounts.
demanding clients.
the self-
self-directed investor.

 Saxo Bank is one of the few banks offering online trading with access to more than
25,000 different financial instruments.
News & Research Support
News & Research Support
List of Exchanges and Brokerage
List of Major Exchanges
Country Exchange Name Symbol Country Exchange Name Symbol

Austria Wiener Börse/Vienna Stock Ex. VIE US NYSE MKT (American Stock Exchange) AMEX
Belgium NYSE Euronext Brussels BRU US NASDAQ NASDAQ
Czech Republic Prague Stock Exchange PRA US NASDAQ (Small cap) NSC

Denmark NASDAQ OMX Copenhagen CSE-OMX US New York Stock Exchange NYSE

Finland NASDAQ OMX Helsinki OMX US New York Stock Exchange NYSE_ARCA
To
France NYSE Euronext Paris PAR US OTC Bulletin Board/Pink Sheets OOTC &OTCBB
Germany Deutsche Börse (XETRA) FSE US OTC Bulletin Board/Pink Sheets OOTC &OTCBB
Greece Athens Exchange AT Canada Toronto Stock Exchange TSE
Italy Borsa Italiana/Milan Stock Exch. MIL
Canada TSX Venture Exchange >1 CAD per share TSX
Netherlands NYSE Euronext Amsterdam AMS
Canada TSX Venture Exchange <1 CAD per Share TSX
Norway Oslo Børs/Oslo Stock Exchange OSE
Poland Warsaw Stock Exchange WSE
Country Exchange Name Symbol
Portugal NYSE Euronext Lisbon LISB
HongKong Hong Kong Exchanges HKEX
Spain BME Spanish Exchanges SIBE
Singapore Singapore Exchange SGX-ST
Sweden NASDAQ OMX Stockholm SSE Australia Australian Securities Exchange ASX
Switzerland SIX Swiss Exchange SWX Japan Tokyo Stock Exchange TYO
Switzerland SIX Swiss Exchange (Blue-Chip) VX
Country Exchange Name Symbol
UK London Stock Exchange LSE_SETS
South
UK London Stock Exchange (IOB) LSE_INTL Africa Johannesburg Stock Exchange JSE
Brokerage Rates
Commission Minimum Commission Minimum Order
Country Exchange Name Symbol Rate /Currency Value
Austria Wiener Börse/Vienna Stock Exchange VIE 0.16% 12 EUR 100 EUR
Belgium NYSE Euronext Brussels BRU 0.14% 12 EUR 100 EUR

Czech Republic Prague Stock Exchange PRA 0.50% 700 CZK 2500 CZK
Denmark NASDAQ OMX Copenhagen CSE-OMX 0.14% 38 DKK 1000 DKK
Finland NASDAQ OMX Helsinki OMX 0.14% 12 EUR 100 EUR
To
France NYSE Euronext Paris PAR 0.14% 12 EUR 100 EUR
Germany Deutsche Börse (XETRA) FSE 0.14% 12 EUR 100 EUR
Greece Athens Exchange AT 0.60% 24 EUR 100 EUR
Italy Borsa Italiana/Milan Stock Exchange MIL 0.14% 12 EUR 100 EUR
Netherlands NYSE Euronext Amsterdam AMS 0.14% 12 EUR 100 EUR
Norway Oslo Børs/Oslo Stock Exchange OSE 0.14% 100 NOK 1000 NOK
Poland Warsaw Stock Exchange WSE 0.50% 130 PLN 300 PLN
Portugal NYSE Euronext Lisbon LISB 0.14% 12 EUR 100 EUR
Spain BME Spanish Exchanges SIBE 0.14% 12 EUR 100 EUR
Sweden NASDAQ OMX Stockholm SSE 0.14% 100 SEK 1000 SEK
Switzerland SIX Swiss Exchange SWX 0.14% 18 CHF 150 CHF
Switzerland SIX Swiss Exchange (Blue-Chip) VX 0.14% 18 CHF 150 CHF
UK London Stock Exchange LSE_SETS 0.14% 8 GBP 100 GBP
UK London Stock Exchange (IOB) LSE_INTL 0.14% 20 USD 100 USD
Brokerage Rates
Minimum Commission Minimum Order
Country Exchange Name Symbol Commission Rate /Currency Value

US NYSE MKT (American Stock Exchange) AMEX 0.02 per share 15 USD 50 USD
US NASDAQ NASDAQ 0.02 per share 15 USD 50 USD
US NASDAQ (Small cap) NSC 0.02 per share 15 USD 50 USD
US New York Stock Exchange NYSE 0.02 per share 15 USD 50 USD
US New York Stock Exchange To NYSE_ARCA 0.02 per share 15 USD 50 USD

US OTC Bulletin Board/Pink Sheets OOTC & OTCBB 0.0024 N/A 50 USD

US OTC Bulletin Board/Pink Sheets OOTC & OTCBB 40 USD per trade N/A 50 USD
Canada Toronto Stock Exchange TSE 0.0450 per share 30 CAD 100 CAD

Canada TSX Venture Exchange >1 CAD per share TSX 40 CAD per share N/A 100 CAD

Canada TSX Venture Exchange <1 CAD per Share TSX Commission
0.030 CAD per share Minimum
40 Commission
CAD Minimum Order
100 CAD
Country Exchange Name Symbol Rate /Currency Value
Hong Kong Hong Kong Exchanges HKEX 0.24% 250 HKD 1000 HKD
Singapore Singapore Exchange SGX-ST 0.24% 40 GSD 150 SGD
Australia Australian Securities Exchange ASX 0.14% 24 AUD 150 AUD
Japan Tokyo Stock Exchange TYO 0.20% 2000 JYP 1000 JYP
Minimum
Commission Commission Minimum Order
Country Exchange Name Symbol Rate /Currency Value
South
Africa Johannesburg Stock Exchange JSE 0.46% 180 ZAR 750 ZAR
Contact us..

For any queries / feedback on


Overseas Trading please write to
overseastrading@icicidirect.com
The Guarantee Fund for Depositors and Investors
Protection of retail client funds

SAXO Bank is a member of the Danish Guarantee Fund for Depositors and Investors.
In the event that a Danish bank (including Saxo Bank) should suspend its payments or go into bankruptcy, client deposits are
guaranteed by the Fund with up to EUR 100,000 for cash deposits. Cash deposits are calculated as the net free deposit after
deduction of any debt to the bank.
As a general rule, securities will not be affected by the suspension of payment or compulsory winding-up and will be returned to
the client. In the event that a Danish bank (including Saxo Bank) is unable to return securities held in safe-custody, administered
or managed, the Guarantee Fund will cover with up to EUR 20,000 per client.

The Guarantee Funds for Depositors and Investors.

For further information on the Guarantee Fund and the coverage as well as an updated list of the Guarantee Fund Members,
please visit http://www.saxobank.com/legal/protection-
http://www.saxobank.com/legal/protection-client-
client-funds?int_cmpid=gl:legal:risk-
funds?int_cmpid=gl:legal:risk-
warning_protection%20of%20client%20funds_1

Protection of Institutional client funds

Protection of cash in case of Saxo Bank’s Default:

Institutional clients are, due to their status as licensed financial institutions, not covered for cash in case of Saxo Bank’s default.
Cash in this regard includes the netted value of derivative positions.

Protection of securities in case of Saxo Bank’s Default:

All securities held with Saxo Bank will be returned to the White Label Client if they are retrievable from Saxo Bank’s custodian.
That the securities are retrievable is ensured by the requirement of section 72 of the Danish Act on Financial Services, which
imposes on Danish banks to ensure that, the client’s rights to their securities are at all times protected, also in case of a default.
Below are also helpful links which will guide you through
the platforms.
http://www.saxobank.com/education

http://help.saxobank.com/?int_cmpid=gl:education_support%20centre_1#stop
Disclaimer
ICICI Securities Ltd.( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate,
Mumbai - 400020, India, Tel No : 022 - 2288 2460, 022 - 2288 2470. The contents herein above shall not be considered as an
invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising
out of any actions taken in reliance thereon.

The contents of this presentation are solely for informational purpose and may not be used or considered as an offer
document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other
product. While due care has been taken in preparing this presentation, I-Sec and affiliates accept no liabilities for any loss
or damage of any kind arising out of any inaccurate, delayed or incomplete information nor for any actions taken in
reliance thereon. This presentation is not directed or intended for distribution to, or use by, any person or entity who is a
citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication,
availability or use would be contrary to law, regulation or which would subject I-Sec and affiliates to any registration or
licensing requirement within such jurisdiction. Please note,

The information provided is not intended to be used by investors as the sole basis for investment decisions, who must
make their own investment decisions, based on their own investment objectives, financial positions and needs of specific
investor. Information mentioned herein is based on the prevailing tax laws and tax laws are subject to change from time
to time. Investors accessing this information do hereby agree to consult with a qualified tax advisor prior to taking
any investment/ tax related decisions.

The information contained herein is strictly confidential and meant solely for the selected recipient and may not be altered
in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in
any form, without prior written consent of ICICI Securities Limited. The contents of this mail presentation are solely for
Informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or
subscribe for securities or other financial instruments or any other product. While due care has been taken in preparing
this presentation, I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any inaccurate,
delayed or incomplete information nor for any actions taken in reliance thereon.
Thank You

You might also like