Will the trading commission differ on weekends?
No. The regular Freedom Broker pricing plans apply to weekend trading. There are no special pricing plans. ITS fees are charged to trading participants and do not replace the broker’s pricing plan.
Before making a trade, check the terms of your tariff plan with Freedom Broker.
In the ITS trading and clearing system, fees for weekend trades are blocked and charged during clearing on the first business day. This is how exchange fees are accounted for; the charging of the fee to the client’s account is determined by the broker’s terms.
When are weekend trades settled?
On Saturday and Sunday, ITS does not carry out clearing, delivery of securities or settlements. Trading on these days is treated as an additional trading session of Monday.
For US-market shares and ETFs on ITS, the T+1 settlement cycle applies: settlement takes place on the next settlement day, which is not necessarily the next calendar day after the trade.
For anonymous trades concluded on weekends, the settlement date is the same as the settlement date for trades of the first following trading weekday. The specific date depends on the instrument and the ITS settlement calendar.
For example, if Monday is a trading day and T+1 applies, trades made on Saturday, Sunday and Monday are settled on Tuesday, provided that it is a settlement day. Delivery and settlement of weekday trades follow the standard schedule.
Do the margin trading terms change on weekends?
No. For Freedom Broker clients, margin trading on weekends is available on the same terms as on regular days. At the ITS level, calculated prices and risk parameters are not recalculated on weekends and no margin calls are issued. This does not cancel the broker’s usual margin requirements for client positions.