diff --git a/README.md b/README.md
index 153b30eb..1719be8a 100644
--- a/README.md
+++ b/README.md
@@ -894,7 +894,13 @@ Postgres uses `BEGIN` with `COMMIT / ROLLBACK` for top-level transactions, and `
 with `RELEASE / ROLLBACK TO name` for inner save-points.
 
 This library automatically executes all such transaction and savepoint commands, with unique
-savepoint names, based on the transaction level.
+savepoint names, based on the transaction level, plus index within the current level, in the
+form of `sp_x_y`.
+
+In the name, `x` is the transaction level, starting with `1` (because `0` is the top-level
+transaction that does not use savepoints). And `y` represents sub-transaction order/index
+within the current level, starting with `1`. So the first savepoint on the top level will
+be named `sp_1_1`.
 
 ### Configurable Transactions
 
diff --git a/lib/context.js b/lib/context.js
index d1cd247a..2d4e896e 100644
--- a/lib/context.js
+++ b/lib/context.js
@@ -49,6 +49,7 @@ class ConnectionContext {
         this.parentCtx = null; // parent context
         this.taskCtx = null; // task context
         this.start = null; // Date/Time when connected
+        this.txCount = 0;
     }
 
     connect(db) {
@@ -65,9 +66,21 @@ class ConnectionContext {
 
     clone() {
         const obj = new ConnectionContext(this);
+        obj.parent = this;
         obj.parentCtx = this.taskCtx;
         return obj;
     }
+
+    get nextTxCount() {
+        let txCurrent = this, txTop = this;
+        while(txCurrent.parent) {
+            txCurrent = txCurrent.parent;
+            if(txCurrent.taskCtx && txCurrent.taskCtx.isTX) {
+                txTop = txCurrent;
+            }
+        }
+        return txTop.txCount ++;
+    }
 }
 
 /**
diff --git a/lib/task.js b/lib/task.js
index 2646f7b9..ad96be66 100644
--- a/lib/task.js
+++ b/lib/task.js
@@ -256,7 +256,7 @@ const execute = (ctx, obj, isTX, config) => {
 
     if (isTX) {
         // executing a transaction;
-        spName = `level_` + ctx.txLevel;
+        spName = `sp_${ctx.txLevel}_${ctx.nextTxCount}`;
         return begin()
             .then(() => callback(ctx, obj, ctx.cb, config)
                 .then(data => {
diff --git a/package.json b/package.json
index f281bee0..9adbc033 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "pg-promise",
-  "version": "10.9.2",
+  "version": "10.9.3",
   "description": "PostgreSQL interface for Node.js",
   "main": "lib/index.js",
   "typings": "typescript/pg-promise.d.ts",