Markets
Direct access to global exchanges and OTC markets across six asset classes, through one account and one relationship.
Stocks & ETFs
Listed shares, ETFs and other exchange-traded products on the main US, European and Asian exchanges, with direct market access and live prices.
- Direct market access through established executing brokers and custodians
- Live prices; market depth available on request
- Dividends, corporate actions and tax reporting handled by our operations team
- Multi-currency accounts, so you trade in the local currency of each exchange
| Exchange | Code | Country | Indicative commission |
|---|---|---|---|
| New York Stock Exchange | XNYS | United States | from 0.02 USD per share |
| Nasdaq | XNAS | United States | from 0.02 USD per share |
| London Stock Exchange | XLON | United Kingdom | from 0.05% |
| Deutsche Börse Xetra | XETR | Germany | from 0.05% |
| Euronext Paris | XPAR | France | from 0.05% |
| Euronext Amsterdam | XAMS | Netherlands | from 0.05% |
| SIX Swiss Exchange | XSWX | Switzerland | from 0.05% |
| Borsa Italiana | XMIL | Italy | from 0.05% |
| BME Spanish Exchanges | XMAD | Spain | from 0.05% |
| Nasdaq Stockholm | XSTO | Sweden | from 0.05% |
| Hong Kong Exchanges | XHKG | Hong Kong | from 0.08% |
| Tokyo Stock Exchange | XTKS | Japan | from 0.08% |
| Toronto Stock Exchange | XTSE | Canada | from 0.02 CAD per share |
| Australian Securities Exchange | XASX | Australia | from 0.08% |
| Athens Exchange | XATH | Greece | from 0.10% |
| Cyprus Stock Exchange | XCYS | Cyprus | from 0.10% |
Indicative list. Final market coverage and commissions are confirmed in the client agreement and the costs and charges disclosure. Commissions include execution, exchange and clearing fees unless stated otherwise.
Currencies
Spot FX in major, minor and selected emerging-market pairs, for trading and for funding positions in other markets.
- Interbank liquidity aggregated from several providers
- Settlement conversions at the same transparent rates
- Quoted around the clock from Monday morning in Asia to Friday close in New York
- Forwards and hedging solutions on request
| Pair group | Examples | Trading hours | Indicative spread |
|---|---|---|---|
| Majors | EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD | 24/5 | from 0.3 pips |
| Crosses | EUR/GBP, EUR/CHF, EUR/JPY, GBP/JPY, AUD/JPY | 24/5 | from 0.6 pips |
| Scandinavian | EUR/SEK, EUR/NOK, EUR/DKK | 24/5 | from 2 pips |
| Emerging markets | USD/PLN, USD/CZK, USD/HUF, USD/ZAR, USD/MXN | 24/5 | from 5 pips |
| Spot precious metals | XAU/USD, XAG/USD | 23/5 | from 0.20 USD |
Spreads are indicative and vary with market conditions and trade size. Leveraged FX is available to clients for whom it is appropriate.
Futures
Exchange-traded futures on indices, interest rates, energy, metals, agriculture and currencies, on the main derivatives exchanges.
- Index, rates, commodity and FX contracts on one account
- Margin requirements aligned with exchange and clearing-house rules
- Roll and expiry monitoring by the dealing desk
- Real-time margin and exposure reporting
| Exchange | Code | Country | Typical contracts | Indicative commission |
|---|---|---|---|---|
| CME Group (CME, CBOT, NYMEX, COMEX) | XCME | United States | S&P 500, Treasuries, crude oil, gold | from 1.50 USD per contract |
| ICE Futures US | IFUS | United States | Sugar, coffee, cotton, US Dollar Index | from 1.50 USD per contract |
| ICE Futures Europe | IFEU | United Kingdom | Brent crude, gas oil, FTSE 100 | from 1.50 GBP per contract |
| Eurex | XEUR | Germany | Euro Stoxx 50, DAX, Bund, Bobl, Schatz | from 1.50 EUR per contract |
| Euronext Derivatives | XMAT | France, Netherlands | CAC 40, AEX | from 1.50 EUR per contract |
| Cboe Futures Exchange | XCBF | United States | VIX | from 1.50 USD per contract |
| Osaka Exchange | XOSE | Japan | Nikkei 225 | from 200 JPY per contract |
| Hong Kong Futures Exchange | XHKF | Hong Kong | Hang Seng | from 15 HKD per contract |
| Singapore Exchange | XSES | Singapore | FTSE China A50, MSCI indices | from 2 SGD per contract |
Futures are leveraged instruments and losses can exceed the initial margin. Availability depends on client categorisation and an appropriateness assessment.
Options
Listed equity, index and futures options for income, hedging and directional strategies, with multi-leg order support.
- Equity and ETF options in the United States and Europe
- Index options on the S&P 500, Euro Stoxx 50, DAX and others
- Multi-leg strategies (spreads, straddles, collars) placed as single orders
- Risk-based margining, with exercise and assignment handled by our desk
| Exchange | Code | Country | Products | Indicative commission |
|---|---|---|---|---|
| Cboe | XCBO | United States | Equity, ETF and index options (SPX, VIX) | from 1.50 USD per contract |
| Nasdaq PHLX | XPHL | United States | Equity and ETF options | from 1.50 USD per contract |
| CME Group | XCME | United States | Options on futures | from 1.50 USD per contract |
| Eurex | XEUR | Germany | Equity and index options (Euro Stoxx 50, DAX) | from 1.50 EUR per contract |
| Euronext | XPAR | France, Netherlands, Belgium | Equity and index options | from 1.50 EUR per contract |
| ICE Futures Europe | IFEU | United Kingdom | Options on futures | from 1.50 GBP per contract |
Options are complex instruments. Writing uncovered options can lead to losses greater than the premium received. Availability depends on an appropriateness assessment.
Bonds
Government, corporate and emerging-market bonds, exchange-traded and over the counter, with prices sourced from several dealers.
- Developed-market sovereigns and investment-grade corporates
- High-yield and emerging-market issues on request
- Eurobonds in USD, EUR and GBP
- Coupons and maturities handled automatically; holdings reported at market value
| Segment | Examples | Typical minimum | Indicative commission |
|---|---|---|---|
| Government bonds | US Treasuries, German Bunds, UK Gilts, French OATs | 1,000 nominal | from 0.05% |
| Investment-grade corporates | EUR and USD issues from large, rated issuers | 1,000 to 100,000 nominal, by issue | from 0.10% |
| High yield | Sub-investment-grade corporate issues | 100,000 nominal | from 0.15% |
| Emerging-market sovereigns | Hard-currency Eurobonds | 100,000 nominal | from 0.15% |
| Money market | Treasury bills and short-dated notes | 1,000 nominal | from 0.03% |
Minimum sizes are set by the issue documentation. Bond prices include a dealer spread, which is disclosed in the costs and charges information for each trade.
Structured notes
Capital-protected, yield-enhancement and participation notes from established issuers, selected for a specific objective rather than sold off the shelf.
- Issuer selection with attention to credit quality and documentation
- Payoff structures explained in plain terms before you invest
- Secondary-market liquidity and valuations through the issuer
- Bespoke structuring for professional clients from an agreed minimum size
| Type | Typical underlying | Typical term | Indicative fee |
|---|---|---|---|
| Capital-protected notes | Equity indices, baskets, interest rates | 3 to 5 years | from 0.50% |
| Autocallables and reverse convertibles | Single stocks, indices | 1 to 3 years | from 0.50% |
| Participation and tracker notes | Indices, commodities, thematic baskets | 1 to 5 years | from 0.50% |
| Credit-linked notes | Corporate and sovereign credit | 2 to 5 years | from 0.50% |
| Bespoke structures | Agreed with the client | As structured | On request |
Structured products are complex instruments and carry issuer credit risk. Appropriateness is assessed before any transaction. Please read the risk disclosure and the product documentation.
Pricing and commissions
One commission schedule across all asset classes. Third-party fees are passed through at cost and shown separately.
Pricing
Commissions by asset class, account and custody fees, currency conversion and what is not included.
Costs and charges disclosure
Ex-ante and ex-post cost information as required under MiFID II, for every instrument you trade.
Access to specific markets and instruments depends on client categorisation, appropriateness and suitability assessments, and MBK Capital’s regulatory authorisations.