While we provide you with ownership of the ETFs which you have invested, the ETFs will be held via Saxo Capital’s custodian – HSBC, and you are not able to transfer the ETFs to your own trading account. HSBC is the entity responsible for safekeeping the ETFs purchased. 

We’ll utilise the ownership of the ETFs to match buy/sell orders within our ecosystem, allowing us to lower the trading expenses thus providing lower fees for our users. 

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