axitrader product schedule

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AxiCorp Financial Services Pty LtdACN: 127 606 348

www.axitrader.com.auTel: +61 2 9965 5830

AXITRADER PRODUCT SCHEDULE

This product schedule describes the various margin foreign exchange contracts (Margin FX Contracts) and contract for difference (CFD)products that we offer. You should always read the Product Disclosure Statement (PDS), Financial Services Guide (FSG), Client Agreement and this AxiTrader Product Schedule prior to deciding whether to acquire, dispose of, or to hold any of these financial products.

This Product Schedule is current as at 12th July 2010.

Warning:

Trading in Margin FX Contracts and CFDs carries a high level of risk to your capital. Margin FX Contract and CFD trading may not besuitable for all investors. Only speculate with money you can afford to lose; you may lose more than your original margin deposit.In certain circumstances, prices can move against you and resulting losses may oblige you to contribute further moneys.Please ensure you fully understand the risks involved and the deposit and margin requirements and the implications of failing to meetthem and seek independent advice if necessary.

Please note: all market hours are in GMT Time. Margin Requirements are correct as at the date they are published in this document.They are subject to change according to the terms in our PDS and Client Agreement. The PDS and Client Agreement are available onour website at www.AxiTrader.com.au. Information about our services, including our fees and charges is also contained in our FSG and PDS.

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Index Futurex CFDs

MT Code Market NameSpread* (During Market Hours)

Spread* (Outside Market Hours)

Margin(From)

Min Deal Size (CFDs)

Max Deal Size (CFDs)

Open(GMT)

Close(GMT)

Break(GMT)

CAC40 France 40 Index Futures 1.5 N/A 1% 1 1000Monday

6:00Friday19:00

20:00 - 6:00

DAX30 German 30 Index Futures 1.5 N/A 1% 1 1000Monday

6:00Friday19:00

20:00 - 6:00

S&P US S&P 500 Index Futures 0.5 0.5 1% 1 1000Sunday22:00

Friday19:00

20:15 - 20:3021:30 - 22:00

FT100 UK 100 Index [FTSE] Futures 1.5 N/A 1% 1 1000Monday

7:00Friday19:00

20:00 - 7:00

DJ30 US Wall St. 30 Index [DOW] Futures 5 6 1% 1 1000Sunday22:00

Friday19:00

20:15 - 20:3021:30 - 22:00

SPI200 ASX S&P 200 Index Futures 1 2 1% 1 1000Sunday23:50

Friday21:00

6:30 - 7:1021:00 - 23:50

* Spreads may widen based on the underlying Futures market volatility

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Commodity Futures CFDs



Margin(From)



Open(GMT)

Close(GMT)

Break(GMT)

WTI WTI Crude Oil 0.05 0.05 1% 0.1 1000Sunday22:00

Friday19:00

21:15 - 22:00

Oil Rollover Explained Unlike spot foreign exchange, the Commodity Contracts (WTI) are based on the Nymex futures price (Front-Spot Month). This futures price is the largest price benchmark for the oil industry worldwide.

Index Futures CFDs EXPIRE because they are related to a definitive date and there are many months traded.(The forward prices can be higher or lower depending on market conditions).

In order to remove final day volatility at AxiCorp we switch from using the front month and into the second month one trading day prior to the exchange expiry above.

Using the example above when Brent for September expires, the October price needs to be used and the price will increase by $1.38. This is obvi-ously not a price rise in oil but just a move to a new reference price and therefore no profit or loss will be incurred as a result.

In order to make sure this does not cost, a cash adjustment needs to be made and please find two examples below: Rollover Examples:

Example 1

Long position of 1000 barrels @ $113.47Cash adjustment of - $1,380 is made on accountProfit of $1,380 is made on open position

Example 2

Short position of 2000 barrels @ $113.47Cash adjustment of +$2,760 is made on accountLoss of $2,760 is incurred on open position

* Spreads may widen based on the underlying Futures market volatility

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Metal CFDs

Margin FX ContractsSpreads, Trade sizes and leverage (Spreads may be widened under certain market conditions)



Margin(From)



Open(GMT)

Close(GMT)

Break(GMT)

GLD Gold 0.5 0.5 1% 0.1 1000Sunday22:00

Friday19:00

21:00 - 22:00

SLV Silver 0.05 0.05 1% 0.1 1000Sunday22:00

Friday19:00

21:00 - 22:00

Currency Code Currency Pair SpreadLot Size

(Volume 1)Margin Min Deal Max Deal

Open(GMT)

Close(GMT)

EURUSD Euro vs United States Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

AUDUSD Australian Dollar vs United States Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

USDJPY Unites States Dollar vs Japanese Yen Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

GBPUSD British Pounds vs United States Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

USDCHF United States Dollars vs Swiss Francs Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

NZDUSD New Zealand Dollars vs United States Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

USDCAD United States Dollars vs Canadian Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

EURGBP Euro vs British Pounds Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

EURJPY Euro vs Japanese Yen Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

* As the spreads are variable an average has been given

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Margin FX Contracts continued...

Currency Code Currency Pair SpreadLot Size

(Volume 1)Margin Min Deal Max Deal

Open(GMT)

Close(GMT)

CHFJPY

British Pounds vs Swiss Francs Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

GBPJPY

Australian Dollars vs Japanese Yen Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

GBPCHF

New Zealand Dollars vs Japanese Yen Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

AUDJPY

Euro vs Canadian Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

NZDJPY

Australian Dollars vs New Zealand Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

EURCAD

Australian Dollars vs Canadian Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

AUDNZD

Euro vs Australian Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

AUDCAD

United States Dollars vs South African Rands Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

EURAUD

British Pounds vs Australian Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

USDZAR

United States Dollars vs Singapore Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

GBPAUD

Euro vs Swiss Francs Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

USDSGD

Euro vs New Zealand Dollars Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

EURNZD

Swiss Francs vs Japanese Yen Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

EURCHF

British Pounds vs Japanese Yen Variable 100,000 1% 0.01 100Sunday21:00

Friday21:00

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FX Swap Rates - FX positions held until their Value Date

Spot FX positions held at the end of the business day before their Value Date will be rolled over to a new Value Date on a Tom/Next basis.As part of the rollover, positions are subject to a swap charge or credit based on the LIBOR/LIBID interest rates of the two traded currencieswith an added notional markup.

Interest on Unrealised Profit/LossIn addition to the FX swap charge or credit, an interest component of LIBOR/LIBID will be credited or debited at rollover for any unrealised profit or loss on the position.

These FX swap rates are indicative only and may differ slightly from those applied to your FX trading account.

FX-variable spread (Spot) Market Size/VolumeCCY Tick Value /

Per PipLeverage 100:1

1% MarginLeverage 200:10.05% Margin

Currency

Micro FX Spot 0.01 = 1,000 $0.10 (base currency) 1%x(1,000 x base currency) 0.5%x(1,000 x base currency) Various

Mini FX Spot 0.1 = 10,000 $1 (base currency) 1%x(10,000 x base currency) 0.5%x(10,000 x base currency) Various

Standard FX Spot 1 = 100,000 $10 (base currency) 1%x(100,000 x base currency) 0.5%x(100,000 x base currency) Various

GoldGLD (Spot)

Market Size/Volume USD Value / Per Tick Example for tick value per tick 1% Margin Currency

Mini FX Spot 0.1 = 10 oz USD$0.10 1090.40 a 1090.41 1% x(10oz x price per oz) USD

Standard FX Spot 1 = 100 oz USD$1 1090.40 a 1090.41 1% x(100oz x price per oz) USD

SilverSLV (Spot)


Mini FX Spot 0.1 = 500 oz USD$0.50 16.589 a 16.590 1% x(500oz x price per oz) USD

Standard FX Spot 1 = 5,000 oz USD$5 16.589 a 16.590 1% x(5,000oz x price per oz) USD

Product Specification Examples

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Product Specification Examples continued...

Light Sweet Crude OilWTI (Future)


Mini Nymex/CME 0.1 = 100 barrels USD$1 79.35 a 79.36 1% x(100 x market price) USD

Futures Standard Nymex/CME 1 = 1,000 barrels USD$10 79.35 a 79.36 1% x(1,000 x market price) USD

ASX S&P 200SPI200 (Future)

Market Size/Volume AUD Value / Per Tick Example for tick value per tick 1% Margin Currency

Mini SFE/ASX 1 AUD$1 4897 a 4880 1% x(1 x market price) AUD

Futures Standard SFE/ASX 25 AUD$25 4897 a 4880 1% x(25 x market price) AUD

FTSE 100FT100 (Future)

Market Size/Volume GBP Value / Per Tick Example for tick value per tick 1% Margin Currency

Mini LIFFE/Euronext 1 GBP£1 5000 a 5001 1% x(1 x market price) GBP

Futures Standard LIFFE/Euronext 10 GBP£10 5000 a 5001 1% x(10 x market price) GBP

CAC40CAC40 (Future)

Market Size/Volume EUR Value / Per Tick Example for tick value per tick 1% Margin Currency

MiniMONEP/Euronext

1 EUR¤1 4010 a 4011 1% x(1 x market price) EUR

Futures StandardMONEP/Euronext

10 EUR¤10 4010 a 4011 1% x(10 x market price) EUR

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Product Specification Examples continued...

DAX30DAX30 (Future)

Market Size/Volume EUR Value / Per Tick Example for tick value per tick 1% Margin Currency

Mini Eurex 1 EUR¤1 6018 a 6019 1% x(1 x market price) EUR

Futures Standard Eurex 25 EUR¤25 6018 a 6019 1% x(25 x market price) EUR

Mini DJ30DJ30 (Future)


Mini CBOT/CME 1 USD$1 10830 a 10831 1% x(1 x market price) USD

Futures Standard CBOT/CME 5 USD$5 10830 a 10831 1% x(5 x market price) USD

E-Mini S&PS&P (Future)


Mini CME 1 USD$1 1175.5 a 1176.5 1% x(1 x market price) USD

Futures Standard CME 50 USD$50 1175.5 a 1176.5 1% x(50 x market price) USD

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