CFD

CFDs
CFD Markets Guide
PAGE 2.
MF GLOBAL MARKETS GUIDE
Disclaimer
This notice contains general information only and does not constitute financial product advice. Derivative products can be risky and are not suitable for all investors. MF
Global Australia recommends customers seek independent advice. A MF Global Australia Product Disclosure Statement (PDS) is available through the website www.
mfglobal.com.au and should be considered prior to trading MF Globals derivative products. Investing in derivatives carries a high level of risk to capital, and due to the
potential volatility and fluctuations in value, investors may not get back the amount of their original investment. In certain circumstances an investor may be liable to pay
a far greater sum, with losses being higher than an initial deposit. MF Global Australia Limited (ABN 50 001 662 077) Australian Financial Services Licence 230563.
Whilst this document is based on the information from sources which are considered reliable, no warranty or guarantee is given, regarding the accuracy or reliability of
the content and MF Global Australia, its Directors, employees and consultants will not be liable to any person, for any loss or damage, arising as a result of any action
or inaction taken. Nor does MF Global Australia, its Directors, employees and consultants accept any responsibility to inform you of any matter that subsequently comes
to its notice, which may affect any of the information contained in this document. You expressly acknowledge and agree that the use of the information and data is AT
YOUR OWN RISK and that MF Global Australia and the third party providers will not be liable for any consequential, incidental or special damages. These damages
include, but are not limited to any lost profits or trading losses arising out of or relating to the use or inability to use the data and information provided.
Trading in CFDs is provided through MF Global Australia Limited (ABN 50 001 662 077) (MFG) in accordance with the terms of the Client Agreement entered into between
you and MFG. Neither Westpac Banking Corporation (ABN 33 007 457 141) (or its related bodies corporate) (Westpac) or Australian Investment Exchange Limited
(ABN 71 076 515 930) (AUSIEX) have provided MFG with any of the information contained in this trading guide and were not involved in its preparation. Westpac,
AUSIEX and their respective directors, officers, employees and advisers do not assume any responsibility and accept no liability for the accuracy or completeness of the
information contained in this trading guide.
PAGE 3.
Contents
Contents ............................................................................................................................................................................................... 3
CFD Trading Rules Australia and International markets................................................................................................................... 4
The Direct Market Access (DMA) Share CFD model .................................................................................................................................................................... 4
Client Monies................................................................................................................................................................................................................................. 4
Internet trading rules..................................................................................................................................................................................................................... 4
Trading platform functionality and filters.................................. .............................................................................................................5

Placing orders ............................................................................................................................................................................................................................... 5
Online Tutorial ............................................................................................................................................................................................................................... 7
International Market Times Summary ..................................... .............................................................................................................9
DMA Share CFDs
10
Australia............................................................................................................................................................................................................................................
12
Hong Kong........................................................................................................................................................................................................................................
16
Japan ...............................................................................................................................................................................................................................................
20
Korea ...............................................................................................................................................................................................................................................
23
Malaysia ...........................................................................................................................................................................................................................................
26
New Zealand.....................................................................................................................................................................................................................................
38
Singapore .........................................................................................................................................................................................................................................
31
Taiwan ..............................................................................................................................................................................................................................................
33
United Kingdom ...............................................................................................................................................................................................................................
35
United States of America .................................................................................................................................................................................................................
FX CFDs................................................................................................................................................................................................ 38
Index & Commodity CFDs
Index & Commodity Summary Table.............................................................................................................................................................................................. 41
42
Index & Commodity Index Model......................................................................................................................................................................................................
44
AU200...............................................................................................................................................................................................................................................
HK Index.........................................................................................................................................................................................................................................44
45
IND50 ...............................................................................................................................................................................................................................................
JP225
45
..........................................................................................................................................................................................................................................
46
SG Index...........................................................................................................................................................................................................................................
US30 ............................................................................................................................................................................................................................................. 46
US500.............................................................................................................................................................................................................................................47
USOil...............................................................................................................................................................................................................................................47
Appendix
Appendix I - Australia......................................................................................................................................................................................................................48
Appendix II - Hong Kong.................................................................................................................................................................................................................48
Appendix III - Japan........................................................................................................................................................................................................................49
Appendix IV - Korea........................................................................................................................................................................................................................49
Appendix V - Malaysia.....................................................................................................................................................................................................................50
Appendix VI - New Zealand............................................................................................................................................................................................................50
Appendix VII - Singapore................................................................................................................................................................................................................51
Appendix VIII - Taiwan....................................................................................................................................................................................................................51
Appendix IX - United Kingdom....................................................................................................................................................................................................... 52
Appendix X - United States of America...........................................................................................................................................................................................52
Appendix XI - FX CFDs..................................................................................................................................................................................................................53
Appendix XII - Index & Commodity CFDs...................................................................................................................................................................................... 53
Appendix XIII - Glossary..................................................................................................................................................................................................................54
PAGE 4.
CFD Trading Rules - Australia & International Markets

This guide outlines the trading rules and market characteristics for each Contract For Difference (CFD) market offered by MF
Global Australia Limited (MFGA). It is important to note that market rules can change. CFDs are highly leveraged products
which carry significant risks. Before you trade CFDs you must make sure that you have read and understood the MFGA CFD
Product Disclosure Statement (PDS) and Financial Services Guide (FSG). You will also need to read and sign a Client Agreement form,
and fill in an application form.
The Direct Market Access (DMA) Share CFD model

There are two models available for trading Share CFDs the Direct Market Access (DMA) or Market Maker (MM) model. In the
MM model, you trade on synthetic prices that could potentially be very different from the real prices of the underlying security or
instrument. In the DMA model, you will trade at prices that exactly reflect the price of the underlying market. MFGA uses a DMA
model to trade Share CFDs. One of the main advantages of using this model is its transparency. You can watch underlying trades
being executed on the particular stock exchange you are trading in, or check their place in the queue for limit orders.
All client DMA Share CFD orders are hedged in the physical share market. For each DMA Share CFD order a physical order in
the underlying is routed electronically into the order book and executed on the relevant exchange. The physical holding is then
converted into a Share CFD by the Hedger and execution of your trade is confirmed, all in real time. Because of this DMA Share
CFDs can only be traded when the underlying market is open and the costs of trading reflect the costs of trading in the underlying
equity.
Client Monies
Funds deposited with MFGA are deposited into Clients Segregated Accounts (CSAs) i.e. segregated from MFGAs money and
held and invested in accordance with the Client Agreement and in accordance with the relevant legislation. The purpose of a CSA
is to segregate moneys deposited by MFGAs clients from MFGAs own money, thus insulating the clients moneys from liabilities
arising from any other business liabilities incurred by MFGA. The moneys in MFGAs CSAs cannot be applied to satisfy margin
liabilities or any other liabilities of MFGA that do not relate to client dealings. It should be highlighted that individual client moneys
are not separated from each other as all clients moneys are co-mingled into MFGAs CSAs. As a result, it is important for clients
to understand that the operation of a CSA may not protect an individual clients money in the case of a default arising from the
trading of any other client of MFGA. In such a case, assets in the accounts of non-defaulting clients are potentially at risk, even
though these clients did not cause the default. MFGA has the right to apply all clients moneys held in the CSA to meet any default
of another client. An individual clients moneys may be at risk as such individual balances are not separated from each other but
instead are comingled into CSAs.
Internet trading rules

> You accept personal responsibility for transactions conducted on behalf of any of your accounts once you have logged on.
> You should sign out of every browser session when leaving a terminal unattended to avoid unauthorised access.
> You are encouraged to change passwords frequently.
> After sending an order, you must check for a change in the order type to OK. Until this stage is reached, your order may not be
working in the market. If you are unsure about any order you have placed, please contact us on 13 31 31.
PAGE 5.
Trading Platform - Functionality & Filters

The following details apply to trading on all Share CFD markets unless indicated otherwise.
Placing orders
You are responsible for monitoring the status of your order by either contacting Westpac Securities CFD Team if trading
by phone, or by viewing the Order Status/Traded Orders window on the TraderPro electronic trading platform. Even if you have
submitted an order via TraderPro, this is never a guarantee that the corresponding contract has been placed in the market by
MFGA.
All orders placed via the TraderPro electronic trading platform are subject to checking by sophisticated credit and risk
management system. Each order is verified against pre-defined rules. As a result, some orders may be rejected electronically due
to one or more of these rules being breached.
MFGA has ASX and Corporations Act obligations to ensure clients maintain an orderly market. Accordingly, we reserve the
right to refuse any order. Orders may not be accepted by the systems for various reasons, including if you have numerous orders in
the market for the same stock or your order prices are too distant from the last executed price. In some instances, your order may
be referred for manual review. While these orders are being reviewed by an operator, you will be unable to amend or cancel the
order. For specific details about placing, amending and cancelling orders for each market, please refer to the relevant section on
that market.
Fat Finger Limits
All trading accounts are set an automatic order limit. These are given in the information for each market below.
Concurrent bid / offer
All trading accounts may only have four (4) concurrent bids and/or offers in the same CFD stock name at one time. Any attempt to
place more than four bids and/or offers in the same security will be rejected, citing User J Bloggs already has 4 or more concurrent
bids and/or offers.
Example of Concurrent Bid/Offer Message
Time
Message
06-03-06
User - JBLOGGS already has 4 or more concurrent bids. Must be authorised.
15:55:27
Free Equity check
This check ensures that the account has sufficient Free Equity to complete the order. The system calculates this using smart last
(the current median point of bid, ask or last). The only exception to this rule is during the opening/closing auction period where
match price is used. If you place an opening order into the TraderPro electronic trading platform which requires more
Initial Margin than is available, the order will automatically be rejected, citing Insufficient Free Equity. If Free Equity is negative,
you will only be able to place closing orders until the Free Equity is positive again.
Example of Free Equity Check Message
Time
Message
06-03-06
Order Status - CFDGLOBAL Buying BHP.ASX for 12345 - Insufficient Free Equity - shortfall of $1361.44
15:55:27
Restricted stocks
From time to time, you may be restricted in the type or number of shares in which you are entitled to trade. If that occurs,
we will notify you of the relevant restrictions. Please refer to the Margin Table in the TraderPro electronic trading platform for more
details.
PAGE 6. MF GLOBAL MARKETS GUIDE
Stocks cannot be short sold

As a result of some corporate actions or the unavailability of the stock to borrow, you may be restricted from short selling
CFDs over certain securities. If you try to sell a security which is currently hard to borrow, the order will automatically be rejected,
citing Security cannot be short sold. (Please see Margin Table in Portfolio Window of TraderPro electronic trading platform for
a complete list of stocks that are currently subject to short selling restrictions. This list is updated daily.) There may also be specific
rules relating to short selling in the different markets. Refer to the section on each market for details. MFGA may also pass on
an additional fee for short positions held overnight in stocks where MFGA incurs additional financing costs to borrow the stock
in the secondary market.
Example of Security Can Not Be Short Sold Message
Time
Message
06-03-06
Order Status - CFDGLOBAL Selling AAC.ASX for 12345 - Security can not be short sold.
15:55:27
Price tolerance (Valid Price Steps: Bid/Ask seven limit)
The number of price steps allowed through the offer or bid price before a filter is breached has been set to a maximum of seven.
An order must exist on the opposite side of the market for this to trigger. This filter is designed to prevent orders from entering the
market and trading immediately at prices too far away from the current market. Orders that breach this filter will be referred to a
dealer for manual review.
Example of Price Tolerance Message
Time
Message
06-03-06
Order has been denied because price difference was 70 steps, only allowed a maximum of 7 steps from current price.
15:55:27
Price tolerance (Order Exceeds 3% of Underlying Stock Price)
This refers to the distance from the current last price, in percentage terms, allowed for an order before it breaches the filter. This
limit has been set at 3%. Therefore, a buy order will breach the filter if the order price is above the last price by greater than 3%.
For sell orders it will be vice versa. Orders that breach this filter require manual intervention by a dealer. This filter does not apply to
the trigger price of a Contingent Order (CO) but does apply to the limit price.
Example of Exceeding 3% of underlying stock price Message
Time
Message
06-03-06
This order has been denied as the order price is 12.5 % above or below the current stock price, the system ONLY allows
a 3% difference from the current price.
15:55:27
Increased order volume

Under the ASX Operating Rules, once an order has been placed into the ASX Trade order book the volume cannot be
increased. If you attempt to increase the volume of your order, you will receive a FAILED message. This message applies to your
amendment only your original order is still alive and active. To trade a greater volume, you can either create a new order for the
extra volume, or delete the order and start again.
Going from long to short or short to long
You must first close out your existing position before entering one in the opposite direction. For example, if you have a long position
that you wish to turn around to a short position, you must close out your existing position and then enter a new order to enter the
short trade. The same is applicable when going from short to long.
ASX price increments

The ASX has laid down certain rules on the specifications applicable to orders
placed in the market (see table in Appendix I). In particular, there are rules
restricting the price and volume specified for an order. For this purpose, the price
increments applicable to a stock will depend on the prevailing price of the stock:
PAGE 7.
Current CFD Price
Price Increment
0.1 to 9.9
0.1
10 to $1.995
0.5
$2 to <$999
1.0
$999 or more
$1.00
Note: TraderPro electronic trading platform does not accept decimal places for
order entry, except for partial cents. (For example: OXR on the ASX is quoted as
3.34/3.35, on the TraderPro electronic trading platform it is quoted as 334/335.)
Ledger postings
Any ledger postings, such as commission charges, long interest / short rebates, and dividend adjustments for trades are not
reflected in your equity figures until the following business day. Your Gross Liquidation Value (GLV) and Free Equity balances will
be displayed in the base currency (AUD by default) of your portfolio.
On-line Tutorial
Lastly, for more detailed information about how to use and understand the TraderPro trading platform, please refer to the fully
comprehensive on-line tutorial, located within the Main Menu Bar at the top of the TraderPro trading platform screen. To access the
on-line tutorial click Help then select Basic or Advanced on-line tutorial.
DMA Share CFDs
PAGE 9.
International DMA Share CFD Market Times

The following tables show market open, trade, close and settle times in local as well as Australian Eastern Standard time (AEST).
Australian Eastern Standard Time (AEST)
Country
City
Exchange
Pre-Open
Open
NEW ZEALAND
Auckland
NZSE
5.00
8.00
LUNCH
Close
AUSTRALIA
Sydney
ASX
7.00
10.00
JAPAN
Tokyo
OSE (Osaka)
9.00
10.00
KSE
KOREA
Korea
CHINA
Shanghai
TAIWAN
Taiwan
10.00
11.00
11.15 - 11.25
11.30
TWE
CHINA
Hong Kong
HKSE
MALAYSIA
Kuala Lumpur
KLSE
12.00
Pre-Open
13.05 - 13.30
CSPA*
14.45
15.00
16.00
16.15
Open
13.30
16.00
15.00
17.00
16.50
13.30
11.00
11.30 - 11.58
Close
17.00
15.30
12.00
14.30
16.30
18.00
11.00
14.30
16.30
19.00
14.30
16.00
18.08
SINGAPORE
Singapore
SGX
10.30
11.00
19.00
19.06
U.K.
London
LSE
16.50
17.00
1.30
1.35
U.S.A.
New York
NYSE
23.30
6.00
U.S.A.
New York
NASDAQ
10.30
23.30
6.00
Daylight Savings (AESST)

Country
City
Exchange
Pre-Open
Open
NEW ZEALAND
Auckland
NZSE
7.00
AUSTRALIA
Sydney
ASX
7.00
LUNCH
Close
CSPA*
8.00
14.45
15.00
10.00
16.00
16.15
Close
JAPAN
Tokyo
OSE (Osaka)
10.00
11.00
KOREA
Korea
KSE
11.00
12.00
CHINA
Shanghai
TAIWAN
Taiwan
12.15 - 12.25
TWE
CHINA
Hong Kong
HKSE
Kuala Lumpur
KLSE
SINGAPORE
Singapore
SGX
11.30
18.50
U.K.
London
LSE
New York
NYSE
U.S.A.
New York
NASDAQ
Exchange
14.05 - 14.3
Open
14.30
12.30 - 12.58
17.00
17.50
14.30
16.00
12.00
MALAYSIA
U.S.A.
12.30
13.00
Pre-Open
18.00
18.00
16.30
13.00
15.30
17.30
19.00
12.00
15.30
17.30
20.00
12.00
15.30
17.00
20.00
20.06
3.35
19.00
3.30
0.30
8.00
23.00
0.30
8.00
Pre-Open
Open
19.08
Country Local Time

Country
City
LUNCH
Close
Pre-Open
Close
CSPA*
Open
NEW ZEALAND
Auckland
NZSE
9.00
10.00
16.45
17.00
AUSTRALIA
Sydney
ASX
7.00
10.00
16.00
16.15
JAPAN
Tokyo
OSE (Osaka)
9.00
9.00
KOREA
Korea
KSE
10.00
11.00
CHINA
Shanghai
9.15 - 9.25
9.30
9.30 - 9.58
10.00
TAIWAN
Taiwan
TWE
CHINA
Hong Kong
HKSE
MALAYSIA
Kuala Lumpur
KLSE
Singapore
SGX
8.30 - 8.59
7.50
U.K.
London
LSE
New York
NYSE
U.S.A.
New York
NASDAQ
*Closing Single Price Auction
12.05 - 12.30
12.30
8.00
15.00
16.50
17.00
11.30
13.30
15.00
12.30
14.30
16.00
9.00
12.30
14.30
17.00
9.00
12.30
14.00
17.00
17.05
16.35
9.00
SINGAPORE
U.S.A.
11.00
13.30
8.00
16.30
9.30
16.30
9.30
16.00
16.08
PAGE 10.
AUSTRALIA DMA SHARE CFDS
Trading hours and phases

The ASX has set the following opening times, but reserves the right to vary these times. Hours are Australian Eastern Standard
Time (AEST). Trading is conducted Monday to Friday (excluding public holidays) at the following times:
Market Phase
Time
Notes
Pre-Open Session
7:00am - 10:00am
The pre-opening phase takes place from 07:00am to 10:00am AEST. During preopening, you may enter orders into ASX Trade in preparation for the market
opening. The orders are queued according to price-time priority and will not trade
until the market opens.
Market Open
10:00am - 10:09am
The opening is sometimes referred to as the opening auction or opening

match out. Securities open in five groups, according to the starting letter of their
ASX code:
Group
CFDs starting with:
Opening Time (EST)
Group 1
A-B
10:00:00am
Group 2
C-F
10:02:15am
Group 3
G-M
10:04:30am
Group 4
N-R
10:06:45am
Group 5
S-Z
10:09:00am
The time is randomly generated by ASX Trade and occurs up to 15 seconds on

either side of the times given above, e.g. group 1 may open at any time between
9:59:45am and 10:00:15am.
Normal Trading
OPEN - 4:00pm
Normal Trading takes place from 10:09am to 4:00pm, AEST. You may enter
orders into ASX Trade and ASX Trade matches the orders against each other,
resulting in execution of trades. The vast majority of trades take place during
Normal Trading.
Market Close
4:00pm - 4:10pm4
The end-of trading day is sometimes referred to as closing auction or

closing match out. The market generally closes at 4:00pm (AEST). In some
circumstances trading may continue after this time. Trading stops and you may
enter, change and cancel orders in preparation for the market closing.
After Hours Order Placement
4:12pm - 7:00am5
Any orders placed after this time will enter a queue for authorisation by a
Dealer and placed into the market on the following business day from
7:00am.
Corporate actions
The most common types of corporate actions are dividends, bonus and rights issues, mergers, stock splits / distributions and
tenders. Corporate actions are usually announced two or three weeks before the ex-date. The record date is one business day after
the ex-date, and the book-closed date is one business day after the record date. The standard MFGA CFD procedure is outlined
in MFGA's PDSs and CFD Client Agreement. (Note: Withholding tax is applicable to the Australian market if a Tax File Number (TFN)
is not supplied.)
Duties and taxes

Neither stamp duty nor Goods and Services Tax (GST) is applicable to CFD trading in Australia. Withholding tax is applicable to the
Australian market if a Tax File Number (TFN) is not supplied.
4
5
The Closing Auction phase is short (usually a few seconds) and occurs at a random time between 4:10pm and 4:11pm.
the following business day.
MF GLOBAL MARKETS GUIDE PAGE 11.
Order status
Placing an order via TraderPro electronic trading platform is not a guarantee that the corresponding contract has been placed in
the market. You must always refer to the Order Status window for confirmation of the status of your orders as some
orders may be rejected electronically.
There are two types of order:
> Limit and
> Contingent orders.
Limit orders
All DMA Share CFD orders placed via phone or the TraderPro electronic trading platform are set to a default timeline of
Good Till Cancelled (GTC) unless stated or adjusted otherwise to Good For Day (GFD).
> Good for Day orders remain current only during the day on which they are made. All orders not filled by the time the market
closes will be deleted automatically.
> GTC orders remain in the market until filled or manually cancelled by the dealer or client.
> GTC orders are live and active during the pre- and post-auction matches.
> GFD orders are purged by the ASX at 7:00pm.
Note: ASX Trade will delete all outstanding GTC orders on any security at 7:00pm AEST the business night before the
security goes ex-dividend. Other corporate actions may also require purges by the ASX. Contingent orders are the
exception to this rule as contingent orders do not enter ASX Trade until triggered.
Any limit order created and amended after 4:12pm will have the status of AUTHORISING. It will be dated the following trading day
and released to the ASX at 7:00am on that day.
Contingent orders
Contingent orders are orders that you can create which will be placed in the market when specific market conditions are met. For
example, if you are long a CFD you can create a contingent order to sell when a security falls to a certain price. This is known as a
Stop Loss order, and may be used to help manage your DMA Share CFD positions. You must be aware, however, that contingent orders
are not guaranteed. If the underlying security price moves suddenly, your order may not be filled, or may be filled at a price different
to that specified by you, and you may suffer losses as a result.
Short selling
Short selling is allowed in Australia. Please see Margin Table in Portfolio Window of the TraderPro electronic trading platform for
further details.
Fat Finger limits

All trading accounts are set an order limit of AUD Equivalent $250,000 unless you have requested otherwise. Any order placed to a value
greater than AUD Equivalent $250,000 will be referred to the dealers for manual review.
PAGE12.
HONG KONG DMA SHARE CFDS

Market
The Stock Exchange of Hong Kong (SEHK) was formed in 1980 when four exchanges were unified. It commenced trading via an
electronic system in April 1986. The exchange has developed from a largely domestic operation to a major international trading
platform. With a market capitalisation of nearly HKD 5.06 trillion6, the Hong Kong Stock market ranks as the ninth largest exchange
in the world, and after Japan is the second largest in Asia.

Hong Kong is two hours behind Sydney (AEST - 2). Trading is conducted Monday to Friday (excluding public holidays) at the
following times:
Market Phase
Hong Kong Market Hours Hong Kong Trading Hours - Sydney Time7
Pre-Opening Session
9:30am to 9:50am
11:30am to 11:50am
Morning Session
10:00am to 12:30pm
12:00pm to 2:30pm
Lunchtime (Closed)
12:30pm to 2:30pm
2:30pm to 4:30pm
Afternoon Session
2:30pm to 4:00pm
4:30pm to 6:00pm
Closing Auction
4:00pm to 4.08pm
6:00pm to 6:08pm

In addition, special rules apply to market opening hours if Hong Kong is affected by typhoons or severe rainstorms. In such
circumstances, SEHK may be closed for trading and the opening or closing times of market phases may vary according to
prescribed rules. For details, please refer to www.hkex.com.hk.
The table below explains each of the trading phases on SEHK.
Market Phase
Times
Notes
Pre-Opening Session
9:30am to 9:50am
TraderPro is available during the Pre-Opening Session. Access to this

session is configured individually for clients.
Order input period
9:30am to 9:45am
During the order input period, SEHK allows:

Entry of new bids or asks (both at-auction orders & at-auction limit orders)
Order amendments and/or cancellations
Short sale orders are not permitted
Pre-order matching period
9:45am to 9:50am
During the pre-order matching period, SEHK allows:

Entry of new bids or asks (at-auction orders only).
Amendments or cancellations of orders are not permitted
Order matching period
9:50am to 9:58am
During the order matching period, the entry of new bids or asks is not permitted, and
existing orders cannot be amended or cancelled.
Blocking period
9:58am to 10:00am
During the blocking period, the entry of new bids or asks is not permitted, and existing
orders cannot be amended or cancelled.
Continuous Trading - Morning

Session
10:00am to 12:30pm
During the Continuous Trading Session, SEHK allows:

Entry of new bids or asks
Trade cancellations and enquiries
Extended Morning Session
12:30pm to 2:30pm
Closed for lunch period.
From 2:00pm
SEHK allows the cancellation of orders entered in the Morning Session
Continuous Trading
Afternoon Session
2:30pm to 4:00pm
During the Continuous Trading Session, SEHK allows:

Trade cancellations and enquiries
Closing Auction order input period
4:00pm to 4:08pm
During the order input period, SEHK allows:

Only short sale orders created prior to closing auction are permitted.
Closing Auction order matching period
4:08pm to 4:10pm
During the order matching period, the entry of new bids or asks is not permitted, and
existing orders cannot be amended or cancelled.
as at 4 March 2006.
Hours are AEST. These hours may differ during summer in daylight savings.
(Please note these times do not take into acount specific country's daylight saving times)
6
7
It is NOT possible to enter orders which will create short positions before or during the auction process. Any orders designed to
create short positions must be entered into the market after the official open.
Corporate actions
in MFGA's PDSs and CFD Client Agreement. (Note: Withholding tax is currently not applicable to the Hong Kong market.)
Duties and taxes

Stamp duties and transaction levies are payable on transactions by both BUYER and SELLER. The stamp duty is charged at
0.1125% of the consideration by the Inland Revenue Department of Hong Kong. The stamp duty charge is built into the
brokerage rate. Withholding tax is currently not applicable to the Hong Kong market.
How SEHK matches bids and asks

Trades on SEHK must generally be executed using the Automatic Order Matching and Execution System (AMS/3). Orders are
continuously normally executed in strict order according to order type, price and time priority.
Order type
During the Auction input periods, at-auction orders will have a higher matching priority than at-auction limit orders, regardless of
the price specified and the time entered into the system. An at-auction order is an order with no specified price and execution of
the trade will be done at the final Indicative Equilibrium Price (or IEP, described in more detail below). An at-auction limit order is an
order with a specified price and will be automatically cancelled if not filled during the matching period.
Price
For at-auction limit orders submitted in the auction input periods, and all orders submitted into the Continuous Trading Session, a
bid order with a higher specified price will have priority over a bid order with a lower specified price; and an ask order with a lower
specified price will have priority over an ask order with a higher specified price. In each case, this will be irrespective of the time the
order is entered into the system.
Time
For orders of the same type (and price, in the case of limit orders), the order entered into the system at an earlier time will be
executed in full before an order at the same price entered at a later time is executed.
Placing, amending and cancelling orders

Placing orders
All Hong Kong orders placed using the TraderPro electronic trading platform are good for day only (GFD). This means they remain
current only during the day on which they are made. All orders not filled by the time the market closes will be deleted automatically.
For partially filled orders, TraderPro will send a Done for Day message, indicating the details of the part of the order that has
been filled.
Contingent orders
All contingent orders are GTC orders. They cannot be set to any other lifetime. As contingent orders remain on the MFGA
server until triggered or cancelled, their lifetime is open-ended. The LIMIT order that contingent orders send to SEHK once
triggered is GFD. Therefore once a contingent order is triggered if it is not filled by the end of the day, the order for the balance will
be purged by the AMS. If a contingent order is triggered and is designed to open a short position, and it does not meet the up tick
rule requirements, the order will be rejected. You must be aware, however, that contingent orders are not guaranteed. If the
underlying security price moves suddenly, your order may not be filled, or may be filled at a price different to that specified by you,
and you may suffer losses as a result.
PAGE 14.
SEHK price increments

The SEHK has laid down certain rules on the specifications
applicable to orders placed in the market (see table in
Appendix II). In particular, there are rules restricting the price
and volume specified for an order. For this purpose, the price
increments applicable to a stock will depend on the prevailing
price of the stock:
Price of Stock ($)
Price Increment
From HK$
0.01 to HK$
0.25
HK$0.001
Over
0.25 to
0.50
0.005
Over
0.50 to
2.00
0.010
Over
2.00 to
5.00
0.025
Over
5.00 to
10.00
0.050
Over
10.00 to
20.00
0.050
Over
20.00 to
100.00
0.050
Over
100.00 to
200.00
0.100
Over
200.00 to
500.00
0.200
Over
500.00 to
1,000.00
0.500
Over
1,000.00 to
2,000.00
1.000
Over
2,000.00 to
5,000.00
2.000
Over
5,000.00 to
9,995.00
5.000
Opening quotations
If the order is the first order entered into the trading system on each trading day, the opening quotation rule would apply. This
means that the first order (whether bid or ask) must not deviate nine price steps or more from the previous closing price. If the
opening order is made in the Continuous Trading Session, where there has been no first ask of the day, the first bid price must also
be higher than or equal to the previous closing price minus eight spreads; or where there has been no first bid of the day, the first
ask price must be lower than or equal to the previous closing price plus eight spreads.
Volume round lots
Only orders for round lots are accepted by TraderPro. The size of a round lot will vary according to the underlying
stock over which the CFD is created8. Therefore, ALL orders must be equivalent to at least one round lot or multiples thereof.
Please refer to the CFD Trading Account Margin table in TraderPro (or order ticket) for further details
Short selling
You should be aware of SEHKs up tick rule. A short sale cannot be executed in the market at a price that is lower than the best ask
price at that time, ie. you can never hit a bid, you may only join the offer once the bid has traded.
Amending orders
An order may be amended during the auction input periods (other than at certain specified times see Trading hours and
phases, page 12) and the Continuous Trading Session prior to it being filled. The following fields in an order may be amended:
> Price
> Volume
> Type
Cancelling Orders
An order may be cancelled at any time (other than at certain times in the Pre-Opening Session see Trading hours and phases
on page12) prior to being filled. However, all orders cancelled during the 12:30pm 2:30pm lunch period are not confirmed by the
SEHK until 2:00pm.
Fat Finger Limits
All trading accounts are set an order limit of HKD$1.5M (unless otherwise requested by the client). Any order placed to a greater
value than HKD$1.5M will be referred to a dealer for AUTHORISING.
Going from long to short
Under SEHK rules, you must first close out your existing position before entering one in the opposite direction. For example, if you
have a long position that you wish to turn around to a short position, you must close out your existing position and then enter a new
order to enter the short trade.
As communicated by the SEHK.

Time
Message
06-03-06
Order Status - CFDGLOBAL Selling 0857.HK for 12345 - Security needs to be closed out first.
15:55:27
Under the SEHK rules, once an order is placed into the AMS order book the volume may be increased. However, this may cause
you to lose queue position.
PAGE 16.
JAPAN DMA SHARE CFDS

Market
The Tokyo Stock Exchange (TSE) was formed in 1949 and is one of the largest stock exchange markets in the world by monetary
volume, second only to the New York Stock Exchange. It currently lists over 2,200 domestic and foreign companies with a total
market capitalisation of over 3 trillion USD.

Tokyo is one hour behind Sydney (AEST - 1). Trading is conducted Monday to Friday (excluding public holidays) at the following
times:
Market Phase
Tokyo Market Hours
Tokyo Trading Hours - Sydney Time9
Pre-Opening Session
8:00am to 9:00am
10:00am to 11:00am
Morning Session
9:00am to 11:00am
11:00am to 1:00pm
Lunchtime (Closed)
11:00am to 12:30pm
1:00pm to 2:30pm
Afternoon Session
12:30pm to 3:00pm
2:30pm to 5:00pm

The table below explains each of the trading phases on TSE.
Market Phase
Times
Notes
Pre-Opening Session
Morning Session
8:00am to 9:00am
TraderPro is available during the Pre-Opening Session. Access to

this session is configured individually for clients. During the order input period, TSE
allows:
Order amendments
Order cancellations
Continuous Trading Morning Session
9:00am to 11:00am
During the pre-order matching period, TSE allows:

Amendments of orders are not permitted
Cancellations of orders are not permitted
Closed
11:00am to 12:30pm
Pre-Opening Session
Afternoon Session
12:05pm - 12:30pm
During the order input period, TSE allows:

Order amendments
Order cancellations from Morning Session
Continuous Trading
Afternoon Session
12:30pm to 3:00pm
During the Continuous Trading Session, TSE allows:

Order amendments
Order cancellations
Trade cancellations
Enquiries
Corporate actions
The most common types of corporate actions are dividends, bonus and rights issues, mergers, stock splits/distributions and
in MFGA's PDSs and the CFD Client Agreement.
Duties and taxes

Stamp duty is currently not applicable to CFD trading in Japan.
How TSE matches bids and asks

Trades on TSE must generally be executed using the automatic order matching.
Priority of normal orders
Orders are continuously normally executed in strict order according to order type, price and time priority (there are exceptions
see Simultaneous Orders below). For orders of the same type (and price, in the case of limit orders), the order entered into the
system at an earlier time will be executed in full before an order at the same price entered at a later time is executed.
Simultaneous orders
Orders are normally executed on the basis of price and time priority. However, in the following circumstances orders are treated as
simultaneous orders and time priority is ignored:
a) All orders placed before the opening price is determined.
b) All orders placed before the determination of the initial price after resumption of trading due to a temporary trading halt.
c) All orders at the daily limit price, which will be executed with market orders at the closing price of the afternoon session (or the
morning on half-day holidays).
Note: All remaining orders from the morning session are treated as simultaneous orders at the beginning of the afternoon session.
Apart from those give in (c), these simultaneous orders are executed according to a four-step mechanism determined by TSE as
set out below. Distribution of simultaneous orders:
Step Description
1. TSE totals up the orders from each Trading Participant and arranges them in descending order from the Trading Participant with
the largest order. Shares are then distributed until each Trading Participant receives five trading units.
2. Following the order determined in Step 1, each Trading Participant then receives shares equal to a third of the remaining portion
of its order. (Fractions are rounded up to the nearest trading unit).
3. Following the order determined in step 2, each Trading Participant then receives shares equal to one half of the remaining
portion of its order. (Fractions are rounded up to the nearest trading unit.)
4. Following the order determined in Step 3, each Trading Participant then receives the remaining portion of its order. Thus
simultaneous orders are executed in proportion to the total amount of each Trading Participants orders. Trading
Participants then distribute the shares among their customers according to their own internal guidelines.

Placing orders
All Japanese LIMIT orders placed using the TraderPro Electronic trading platform are good for day only (GFD). That is, they remain
been filled.
Contingent orders
All contingent orders are GTC orders. They cannot be set to any other lifetime. As contingent orders remain on the MFGA
server until triggered or cancelled, their lifetime is open-ended. The LIMIT order that contingent orders send to TSE once triggered
is GFD. Once a contingent order is triggered, if it is not filled by the end of the day the order for the balance will be purged by the
TSE. If a contingent order is triggered and is designed to open a short position, and it does not meet the up tick rule requirements,
the order will be rejected. You must be aware, however, that contingent orders are not guaranteed. If the underlying security price
moves suddenly, your order may not be filled, or may be filled at a price different to that specified by you, and you may suffer losses
as a result.
TSE price increments

The TSE has laid down certain rules on the specifications
applicable to orders placed in the market (see table in
Appendix III). In particular, there are rules restricting the price
and volume specified for an order. For this purpose, the price
increments applicable to a stock will depend on the prevailing
price of the stock.
Daily Price Limits
Price of Stock ()
Price Increment
From Yen
0 to
2000
Yen 1
Over
2,000 to
3000
Yen 5
Over
3,000 to
30,000
Yen 10
Over
30,000 to
50,000
Yen 50
Over
50,000 to
100,000
Yen 100
Over
100,000 to
1,000,000
Yen 1000
Over
1,000,000 to
20,000,000
Yen 10,000
Over
20,000,000 to
30,000,000
Yen 50,000
Over
More than 30m+
Yen 100,000
Previous Days Closing Price or Special Quote ()
Daily Price
Limit (+/-)
markets, TSE sets daily price limits, which limit the
From Yen
0 to
100
30
maximum range of fluctuation within a single trading day.
Over
100 to
200
50
These daily price limits provide a time-out and cooling down
Over
200 to
500
80
period in times of volatility.
Over
500 to
1,000
100
Daily price limits are set in absolute yen according to the
Over
1,000 to
1,500
200
previous days closing price or special quote.
Over
1,500 to
2,000
300
Over
2,000 to
3,000
400
For example, for a stock with a base price of 1,000, trading
Over
3,000 to
5,000
500
may take place between 800 and 1,200. Daily price limits
Over
5,000 to
10,000
1,000
apply to orders as well as transactions, so no orders may be
Over
10,000 to
20,000
2,000
placed at prices outside this 400 price range.
Over
20,000 to
30,000
3,000
Over
30,000 to
50,000
4,000
Maximum price 1,200
Over
50,000 to
70,000
5,000
Over
70,000 to
100,000
10,000
Over
100,000 to
150,000
20,000
Over
150,000 to
200,000
30,000
Over
200,000 to
300,000
40,000
Over
300,000 to
500,000
50,000
Over
500,000 to
1,000,000
100,000
Over
1,000,000 to
1,500,000
200,000
Over
1,500,000 to
2,000,000
300,000
Over
2,000,000 to
3,000,000
400,000
Over
3,000,000 to
5,000,000
500,000
Over
5,000,000 to
10,000,000
1,000,000
Over
10,000,000 to
15,000,000
2,000,000
Over
15,000,000 to
20,000,000
3,000,000
Over
20,000,000 to
30,000,000
4,000,000
Over
30,000,000 to
50,000,000
5,000,000
Over
More than 50m+
In order to protect investors from excessively volatile
Base price
1,000

Minimum price
200
200
800
Opening quotations
If the order is the first order entered into the trading system
on each trading day, the opening quotation rule would
apply. This means that the first order (whether bid or ask)
must not deviate nine price steps or more from the previous
closing price. If the opening order is made in the Continuous
Trading Session, where there has been no first ask of the
day, the first bid price must also be higher than or equal to
the previous closing price minus eight spreads; or where
there has been no first bid of the day, the first ask price must
be lower than or equal to the previous closing price plus eight
10,000,000
spreads.
Volume round lots
stock over which the CFD is created. Therefore, ALL orders must be equivalent to at least one round lot or multiples thereof.
Please refer to the CFD Trading Account Margin table in TraderPro (or order ticket) for further details.
Short selling
You should be aware of TSEs up tick rule. A short sale cannot be executed in the market at a price that is lower than the best ask
price at that time. ie. you can never hit the bid price. To short sell, you must wait for the bid price to trade, then the offer price to
trade and once this has occured you are then able to join the offer.
Amending orders
An order may be amended during the Pre-Opening Session (other than at certain specified times see Trading hours and phases
above) and the Continuous Trading Session prior to it being filled. The following fields in an order may be amended:
> Price
> Volume
> Type
Cancelling orders
on page 16) prior to being filled.
Going from long to short (or short to long)
Under TSE rules, you must first close out your existing position before entering one in the opposite direction. For example, if you
Time
Message
06-03-06
Order Status - CFDGLOBAL Selling 6758.T for 12345 - Security needs to be closed out first.
15:55:27
Increase order volume

Under the TSE rules, once an order is placed into the TSE order book the volume may be increased. However, this may cause you
to lose queue position.
PAGE 20.
KOREA DMA SHARE CFDS

Market
The Korea Exchange (KRX) was newly established by consolidating three domestic exchanges; Korea Stock Exchange (KSE),
KOSDAQ Market and Korea Futures Exchange (KOFEX).

Korea is one hour behind Sydney (AEST - 1). Trading is conducted Monday to Friday (excluding public holidays) at the following
times:
Market Phase
KRX Market Hours
KRX Trading Hours - Sydney Time10
Pre-Opening Session
7:30am to 8:30am
9:30am to 10:30am
Opening Match
9:00am
11:00am
Regular Session
9:00am to 3:00pm
11:00am to 5:00pm
Closing Match
3:00pm
5:00pm
After Hours Session
3:10pm to 6:00pm
5:10pm to 8:00pm
The table below explains each of the trading phases on KRX.

Market Phase
Times
Notes
Pre-Opening Session
7:30am to 8:30am

this session is configured individually for clients. During the order input period, KRX
allows:
Order amendments
Order cancellations
Regular Session
9:00am to 3:00pm
During the pre-order matching period, KRX allows:

After Hours Session
3:10pm to 6:00pm
During the Continuous Trading Session, KRX allows:

Order amendments
Order cancellations
Trade cancellations
Enquiries
Corporate actions
in MFGA's PDSs and CFD Client Agreement.
Duties and taxes

Stamp duty is currently not applicable to CFD trading in Korea.
How KRX matches bids and asks

Trades on KRX must generally be executed using the automatic order matching.
10

Orders are continuously normally executed in strict order according to order type, price and time priority. For orders of the same
type (and price, in the case of limit orders), the order entered into the system at an earlier time will be executed in full before an
order at the same price entered at a later time is executed.

Placing orders
All Korean LIMIT orders placed using the TraderPro Electronic trading platform are good for day only (GFD). That is, they remain
been filled.
Contingent orders (COs)
All contingent orders are GTC orders. They cannot be set to any other lifetime. As contingent orders remain on TraderPro
until triggered or cancelled, their lifetime is open-ended. The LIMIT order that contingent orders send to KSR once triggered
KSR. If a contingent order is triggered and is designed to open a short position, and it does not meet the up tick rule requirements,
as a result.
Price of Stock (KRW)
Price Increment
KSR price increments
From KRW
0 to
5000
KRW 5
Over
5,000 to
10,000
KRW 10
Over
10,000 to
50,000
KRW 50
Over
50,000 to
100,000
KRW 100
specified for an order. For this purpose, the price increments
Over
100,000 to
500,000
KRW 500
applicable to a stock will depend on the prevailing price of the
Over
500,000 +
The KSR has laid down certain rules on the specifications

applicable to orders placed in the market (see table in Appendix
IV). In particular, there are rules restricting the price and volume
KRW 1,000
stock.
Opening quotations
Volume round lots
Please refer to the MFGA CFD Trading Account Margin table inTraderPro (or order ticket) for further details.
Short selling
You should be aware of KRXs up tick rule. A short sale cannot be executed in the market at a price that is lower than the best ask
price at that time.
Amending orders
> Price
> Volume
> Type
PAGE 22.
Cancelling orders
Going from long to short (or short to long)
Under KSR rules, you must first close out your existing position before entering one in the opposite direction. For example, if you
Time
Message
06-03-06
Order Status - CFDGLOBAL Selling 6758.T for 12345 - Security needs to be closed out first.
15:55:27

Under the KSR rules, once an order is placed into the KSR order book the volume may be increased. However, this may cause you
to lose queue position.
PAGE 23.
MALAYSIA DMA SHARE CFDS

Market
The Bursa Malaysia Berhad Stock Exchange (KLSE) is a fully integrated exchange. Established in 1973, Bursa Malaysia today
has over 1,000 listed companies offering a wide range of investment choices to the world. Companies are either listed on Bursa
Malaysia Securities Main Board for larger capitalised companies, the Second Board for medium sized companies or the MESDAQ
Market for high growth and technology companies.

Malaysia is one hour behind Sydney (AEST - 2). Trading is conducted Monday to Friday (excluding public holidays) at the
following times:
Market Phase
KLSE Market Hours
KLSE Trading Hours - Sydney Time11
Pre-Opening Session
8:30am to 9:00am
10:30am to 11:00am
Morning Session
9:00am to 12:30pm
11:00am to 2:30pm
Lunchtime (Closed)
12:30pm to 2:00pm
2:30pm to 4:00pm
Pre-Opening Session
2:00pm to 2:30pm
4:00pm to 4:30pm
Afternoon Session
2:30pm to 5:00pm
2:30pm to 5:00pm
The table below explains each of the trading phases on KLSE.

Market Phase
Times
Notes
Pre-Opening Session
Morning Session
8:30am to 9:00am

session is configured individually for clients. During the order input period, KLSE
allows:
Order amendments
Order cancellations
Continuous Trading Morning Session
9:00am to 12:30pm
During the pre-order matching period, KLSE allows:

Closed
12:30pm to 2:00pm
Pre-Opening Session
Afternoon Session
2:00pm to 2:30pm

session is configured individually for clients. During the order input period, KLSE
allows:
Order amendments
Order cancellations
Continuous Trading
Afternoon Session
2:30pm to 5:00pm
During the Continuous Trading Session, KLSE allows:

Order amendments
Order cancellations
Trade cancellations
Enquiries
Corporate actions
11
Duties and taxes

Stamp duties and transaction levies are payable on transactions by both BUYER and SELLER. The stamp duty is charged at 0.3%
fractional part of MYR1000 or higher. 0.1% is also levied on the BUYER and SELLER of a trade. The stamp duty charge is built into
the MFGA brokerage rate.
How KLSE matches bids and asks

Trades on KLSE must generally be executed using the automatic order matching in SCORE.
Orders are continuously normally executed in strict order according to order type, price and time priority. For orders of the same
type (and price, in the case of limit orders), the order entered into the system at an earlier time will be executed in full before an
order at the same price entered at a later time is executed.
Simultaneous orders
Orders are normally executed on the basis of price and time priority.

Placing orders
All Malaysian LIMIT orders placed using TraderPro are good for day only (GFD). That is, they remain current only during
the day on which they are made. All orders not filled by the time the market closes will be deleted automatically. For partially
filled orders, TraderPro will send a Done for Day message, indicating the details of the part of the order that has
been filled.
Contingent orders (COs)
All contingent orders are GTC orders. They cannot be set to any other lifetime. As contingent orders remain on TraderPro
until triggered or cancelled, their lifetime is open-ended. The LIMIT order that contingent orders send to KLSE once triggered
KLSE. If a contingent order is triggered and is designed to open a short position, and it does not meet the up tick rule requirements,
as a result.
Price of Stock (MRY)
Price Increment
KLSE price increments
From MRY
0 to
0.99
MRY 0.005
The KLSE has laid down certain rules on the specifications
Over
1.00 to
2,99
MRY 0.01
applicable to orders placed in the market (see table in Appendix
Over
3.00 to
4.98
MRY 0.02
V). In particular, there are rules restricting the price and volume
Over
5.00 to
9.95
MRY 0.05
specified for an order. For this purpose, the price increments
Over
10.00 to
24.90
MRY .01
applicable to a stock will depend on the prevailing price of the
Over
25.00 to
99.75
MRY 0.25
stock.
Over
100.00 +
MRY 0.5
Opening quotations
Volume round lots
Short selling
You should be aware of KLSEs up tick rule. A short sale cannot be executed in the market at a price that is lower than the best ask
price at that time.
Amending orders
> Price
> Volume
> Type
Cancelling orders
Going from long to short
Under KLSE rules, you must first close out your existing position before entering one in the opposite direction. For example, if you
Time
Message
06-03-06
Order Status - CFDGLOBAL Selling 6758.KL for 12345 - Security needs to be closed out first.
15:55:27

Under the KLSE rules, once an order is placed into the KLSE order book the volume may be increased. However, this may cause
you to lose queue position.
PAGE 26.
NEW ZEALAND DMA SHARE CFDS

Market
The New Zealand Exchange (NZX) originated during the New Zealand gold rush of the 1870s. Following demutualisation, NZX
listed on the exchange on 30 May 2003.

New Zealand is two hours ahead of Sydney (AEST +2). Trading is conducted Monday to Friday (excluding public holidays) at
the following times:
Market Phase
NZX Market Hours
NZX Market Hours - Sydney Time12
Enquiry
8:00am to 9:00am
6:00am to 7:00am
Pre-Opening Session
9:00am to 10:00am
7:00am to 8:00am
Normal Trading Session
10:00am to 5:00pm
8:00am to 3:00pm
Adjust
5:00pm to 5:30pm
3:00pm to 3:30pm
Enquiry
5:30pm
3:30pm to 7:00am
The table below explains each of the trading phases on NZX. All markets open anywhere between 9:59:30am and 10:00:30am.
All markets close anywhere between 4:59:30pm and 5:00:30pm.
Market Phase
NZX Market Hours
Notes
Enquiry
8:00am to 9:00am
View existing orders placed and still active from the previous day.
Pre-Opening Session
9:00am to 10:00am

this session is configured individually for clients. During the order input period, NZX
allows:
Order amendments
Order cancellations
10:00am to 4:45pm
The majority or trading takes place in this session. During the Normal Trading
Session, NZX allows:
Order amendments
Order cancellations
Pre-Close
4:45pm to 5:00pm
During the Pre-Close Trading Session, NZX allows:

Order amendments
Order cancellations
Closing price is calculated at 5pm when the final match takes place.
Adjust
5:00pm to 5:30pm
Only existing orders can be amended down or cancelled. Any new orders will enter a
queue for authorisation by a MFGA dealer and will be placed into the market the
following morning at the start of the pre-open session
Enquiries
5:30pm to 9:00am
Orders may be placed during this time and will be sent for Authorisation and
released to market the following morning at the start of the pre-open session.
Corporate actions
The most common types of corporate actions are dividends, bonus and rights issues, mergers, stock splits/distributions, and
the ex-date, and the book-closed date is one business day after the record date. Note: Dividends are usually paid on the following
basis: Longs = 100%; Shorts = 100% of the net dividend
Duties and taxes

Stamp duty is currently not applicable to DMA Share CFD trading in New Zealand.
12
How NZX matches bids and asks

Orders are executed in strict order according to order type, price and time priority. For orders of the same type (and price, in the
case of limit orders), the order entered into the system at an earlier time will be executed in full before an order at the same price
entered at a later time is executed.

Placing Orders
Limit orders
All New Zealand orders placed using the TraderPro electronic trading platform are Good Till Cancelled (GTC) unless stated /
adjusted otherwise to Good for Day (GFD). GTC orders are valid from the trade entry date + 63 calendar days (inclusive) if not
cancelled or filled earlier. GFD orders are purged by the NZX at 2:00am the next morning. GTC orders are live and active during
the pre- and post-auction matches.
Contingent Orders
All contingent orders are GTC orders. They cannot be set to any other lifetime. As contingent orders remain on TraderPro until
triggered or cancelled their lifetime is open-ended. Currently, the limit order that contingent orders send to the NZX once triggered
is GTC. Therefore, once a contingent order is triggered, if it is not filled by the end of the day, the order for the balance will remain
in the system until purged by the NZX 63 calendar day rule (see above). You must be aware, however, that contingent orders are
not guaranteed. If the underlying security price moves suddenly, your order may not be filled, or may be filled at a price different to
that specified by you, and you may suffer losses as a result.
Note: NZX Trading System will delete all outstanding GTC orders on any security at 2am (NZST) the business night of the record
date. Contingent orders are the exception to this rule as contingent orders do not enter NZX Trading System until triggered.
Minimum purchases
There is no minimum limit to the number of share CFDs that you can purchase. There is, however, a minimum commission
payable. Execution is charged on a per trading day basis. All CFD trades over the same share CFD on the same business day are
amalgamated and you pay the greater amount of either a minimum ticket value or a % of face value. If one order is executed over
two trading days, then two commission charges are payable.
NZX Price increments
Securities listed on the NZX may only be traded in specified price
increments (see table in Appendix VI). All orders submitted to MFGA
can only be above or below the current market price in multiples of the
price increments set out below. All orders must comply with these price
Current CFD price Price increments

Current CFD Price
Price Increment
0.1 to 19.9
0.1
20 or more
1.0
increments.
Note: decimal points are not accepted for order entry, except for partial cents. (For example: TEL on the NZX is quoted
as 4.34/4.35, on TraderPro it is quoted as 434/435).
Amending orders
An order may be amended during the Pre-Opening Session and the Normal Trading Session prior to it being filled. The following
fields in an order may be amended:
> Price
> Volume
> Type
> Expiry
Cancelling orders
above) prior to being filled.
SINGAPORE DMA SHARE CFDS

Market
The Singapore Exchange Limited (SGX) is Asia-Pacifics first demutualised and integrated securities and derivatives exchange.
SGX was inaugurated on 1 December 1999, following the merger of two established and well respected financial institutions the
Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX owns and operates an
integrated securities exchange and derivatives exchange and their related clearing houses. Its exchanges have a presence and
prominence that extends beyond the borders of Singapore.

Singapore is two hours behind Sydney (AEST - 2). Trading is conducted Monday to Friday (excluding public holidays) at the
following times:
Market Phase
Singapore Market Hours
Singapore Trading Hours - Sydney Time13
Pre-Opening Session
8:30am to 8:59am
10:30am to 10:59am
Match Phase
8:59am to 9:00am
10:59am to 11:00am
Morning Session
9:00am to 12:30pm
11:00am to 2:30pm
Lunchtime (Closed)
12:30pm to 2:00pm
2:30pm to 4:00pm
Afternoon Session
2:00pm to 5:00pm
4:00pm to 7:00pm
Pre-closing Session
5:00pm to 5:06pm
7:00pm to 7:06pm

The table below explains each of the trading phases on SGX.
Market Phase
Times
Notes
Pre-Opening Session
Morning Session
8:30am to 9:00am

this session is configured individually for clients.
Order input period
8:30am to 8:59am
During the order input period, SGX allows:

Order amendments
Order cancellations
No matching of orders
Match Phase
8:59am to 9:00am
Non-cancel phase. No entry, amendment or withdrawal of orders allowed in this

phase.
9:00am to 12:30pm
During the Continuous Trading Session, SGX allows:

Trade cancellations
Order amendments
Enquiries
Order cancellations
Adjust Phase
12:30pm to 1:59pm
Orders can be entered, reduced or withdrawn. No matching of orders.
Match Phase
1:59pm to 2:00pm

phase.
2:00pm to 5:00pm
During the Continuous Trading Session, SGX allows:

Trade cancellations
Order amendments
Enquiries
Order cancellations
Pre Close Phase
5:00pm to 5:05pm
Orders can be entered, reduced or withdrawn. No matching of orders.
Afternoon Session
5:05pm to 5:06pm

phase.
Opening Routine
Continuous Trading
Morning Session
Lunch
Continuous Trading
Afternoon Session
Closing Routine
Hours are AEST. These hours may differ during summer in daylight savings
13
Corporate actions
Duties and taxes

There are no additional market charges for trading in Singapore.
How SGX matches bids and asks

Trades on SGX must generally be executed using the automatic order matching in SGX. Orders are continuously executed on a
price time priority.

Placing orders
All Singapore orders placed using the TraderPro electronic trading platform are good for day only (GFD). That is, they remain
been filled.
Contingent Orders (COs)
triggered or cancelled their lifetime is open-ended. Currently, the limit order that contingent orders send to the SGX once triggered
SGX. You must be aware, however, that contingent orders are not guaranteed. If the underlying security price moves suddenly, your
order may not be filled, or may be filled at a price different to that specified by you, and you may suffer losses as a result.
SGX Price increments
Singapore has laid down certain rules on the specifications
applicable to orders placed in the market. In particular, there
are rules restricting the price and volume specified for an order.
For this purpose, the price increments applicable to a stock will
depend on the prevailing price of the stock.
Price of Stock
Price Increment
From $SGD
0.01 to $SGD
1.00
SGD $0.005
Over
1.00 to
3.00
0.010
Over
3.00 to
5.00
0.020
Over
5.00 to
10.00
0.050
Over
10.00 to
0.100
Opening quotations
If the order is the first one entered into the trading system on each trading day, the opening quotation rule would apply. This
means that the first order (whether bid or ask) must not deviate six price steps or more from the previous closing price.
Volume round lots
Short selling
Short selling is allowed in Singapore. Please see Margin Table in Portfolio Window of the TraderPro electronic trading platform for
further details.
Amending orders
> Price
> Volume
> Type
Cancelling orders
Under the SGX rules, once an order is placed into the SGX order book the volume may be increased. However, this action may
cause you to lose queue position.
TAIWAN DMA SHARE CFDS

Market
The Taiwan Stock Exchange Corporation (TSEC) is a financial institution, located in Taiwan, at 7 Xinyi Road Section 5, Taipei 101
3rd and 9th-12th Floors, Taipei 11049, Taiwan. The TSEC was established in 1961 and began operating as a stock exchange on 9
February 1962. It is regulated by the Financial Supervisory Commission. The current chairman of the TSEC is Mr. Sean Chen.

Taiwan is two hours behind Sydney (AEST - 2). Trading is conducted Monday to Friday (excluding public holidays) at the
following times. Trading can also occur on some Saturdays to make up for public holidays. Please refer to the TSEC website for
further information on www.twse.com.tw.
Market Phase
TSEC Market Hours
TSEC Market Hours - Sydney Time14
9:00am to 1:30pm
11:00am to 3:30pm
Off-Hour
2:00pm to 2:30pm
4:00pm to 4:30pm
Odd-Lot
3:00pm to 4:00pm
5:00pm to 6:00pm
Block
2:30pm to 3:30pm
4:30pm to 5:30pm

The table below explains each of the trading phases on TWEC. All markets open anywhere between 9:59:30am and 10:00:30am.
Market Phase
TSEC Market Hours
9:00am to 1:30pm
Off-Hour
2:00pm to 2:30pm
Odd-Lot
3:00pm to 4:00pm
Block
2:30pm to 3:30am
Notes
Corporate actions
The most common types of corporate actions are dividends, bonus and rights issues, mergers, stock splits/distributions, and
the ex-date, and the book-closed date is one business day after the record date.
Duties and taxes

Stamp duty is currently not applicable to DMA Share CFD trading in Taiwan.
How TSEC matches bids and asks

Trades on TSEC must generally be executed using the automatic order matching in TSEC. All orders submitted using TraderPro
will be processed using TSEC. Orders are continuously executed on a price time priority.
Day Trading
No Day trading is allowed on the Taiwan exchange. Therefore any position opened today can not be closed till the following
business day.

Placing orders
All Taiwan orders placed using the TraderPro electronic trading platform are good for day only (GFD). That is, they remain current
only during the day on which they are made. All orders not filled by the time the market closes will be deleted automatically.
For partially filled orders, TraderPro will send a Done for Day message, indicating the details of the part of the order
that has been filled.
14
Contingent Orders (COs)

triggered or cancelled their lifetime is open-ended. Currently, the limit order that contingent orders send to the TSEC once triggered
TSEC. You must be aware, however, that contingent orders are not guaranteed. If the underlying security price moves suddenly,
your order may not be filled, or may be filled at a price different to that specified by you, and you may suffer losses as a result.
Price of Stock ($TWD)
Specifications
Taiwan has laid down certain rules on the specifications
applicable to orders placed in the market. In particular, there
are rules restricting the price and volume specified for an
order. For this purpose, the price increments applicable to a
stock will depend on the prevailing price of the stock.
From $TWD
0.01 to $TWD
Price Increment
1.00
TWD $0.005
Over
1.00 to
3.00
0.010
Over
3.00 to
5.00
0.020
Over
5.00 to
10.00
0.050
Over
10.00 to
0.100
Opening quotations
If the order is the first one entered into the trading system on each trading day, the opening quotation rule would apply. This
means that the first order (whether bid or ask) must not deviate six price steps or more from the previous closing price.
Volume round lots
Please refer to the MFGA CFD Trading Account Margin table in TraderPro (or order ticket) for further details.
Short selling
Short selling is allowed in Taiwan. Please see Margin Table in Portfolio Window of the TraderPro electronic trading platform for
further details.
Amending orders
> Price
> Volume
> Type
Cancelling orders
Under the TSEC rules, once an order is placed into the TSEC order book the volume may be increased. However, this action may
cause you to lose queue position.
U.K. DMA SHARE CFDS

Market
The London Stock Exchange (LSE) is one of the worlds oldest stock exchanges and can trace its history back more than 300
years. Starting life in the coffee houses of 17th century London, the Exchange quickly grew to become the citys most important
financial institution.

The LSE has set the following opening times, but reserves the right to vary these times. London is eight hours behind Sydney
(AEST - 8). Trading is conducted Monday to Friday (excluding public holidays) at the following times:
Market Phase
Time
Notes
Pre-Open Auction
7:50am - 8:00am
The pre-opening phase takes place from 07:00am to 8:00am AEST. Note: there
is a random end to the auction of between 0-30 seconds. Limit, auction market
and hidden orders can be entered, modified, and deleted. No trades occur until
auction matching at 8:00am
Normal Trading
8:00am - 4:30pm
Normal Trading takes place from 8:00am to 4:30pm. Orders can be entered,
modified, and deleted. Trades continuously occur as
orders match at price/time priority. The vast majority of trades take place during
Normal Trading.
Closing Auction
4:30pm - 4:35pm
The end-of trading day is sometimes referred to as closing auction or closing

match out. The market generally closes at 4:30pm. Limit, auction market and
hidden order entry, modification and deletion. No
trades occur until auction matching at 16.35.
Post Trading
4:35pm - 5:00pm
Order Deletion only.
Automatic Extension
Suspensions
Auctions:
A Price Monitoring Auction Extension (5 minutes plus random 30-second end period) occurs when the
indicative crossing price is >5% than the last automated order book trade (>3% during the closing auction for
some large cap -SET1- stocks). There can only be one such extension to the opening auction, but two to the
closing auction. If market orders remain unexecuted following the auction match, a Market Order Extension
lasting 2 minutes will occur to give market
participants more time to enter orders that will execute against this surplus.
Continuous Trading:
SETS: An Automatic Execution Suspension Period (5 minutes plus random 30-second end period) occurs
during continuous trading when an order entered exceeds 5% from the last automated order book trade.
SETSmm: An Automatic Execution Suspension Period (5 minutes plus random 30-second end period) occurs
during continuous trading when an order is entered for a price which deviates from the last automated order
book trade by 25%.
Corporate actions
in MFGA's PDSs CFD Client Agreement.
Duties and taxes

Stamp duty is currently not applicable to DMA Share CFD trading in the United Kindom.
Order status
the market by MFGA. You must always refer to the Order Status window for confirmation of the status of your orders as some
orders may be rejected electronically.
There are two types of order:
> Limit and
Limit orders
All DMA Share CFD orders placed via phone or the TraderPro electronic trading platform are set to a default timeline
of Good Till Cancelled (GTC) unless stated or adjusted otherwise to Good For Day (GFD).
> GTC orders remain in the market until filled or manually cancelled by the broker or client.
> GTC orders are live and active during the pre- and post-auction matches.
> GFD orders are purged by the LSE.
Note: LSE will delete all outstanding GTC orders on any security at 7:00pm AEST the business night before the security
goes ex-dividend. Contingent orders are the exception to this rule as contingent orders do not enter LSE until triggered.
and released to the LSE at 7:50am on that day.
Contingent orders
are not guaranteed. If the underlying security price moves suddenly, your order may not be filled, or may filled at a price different to
Short selling
Short selling is allowed in the United Kingdom. Please see Margin Table in Portfolio Window of the TraderPro electronic trading
platform for further details.
Fat Finger limits

All trading accounts are set an order limit of AUD$250,000 (equivalent in GBP) unless you have requested otherwise. Any order
placed to a value greater than AUD$250,000 (equivalent in GBP) will be referred to the dealers for manual review.
U.S.A. DMA SHARE CFDS

Market
The New York Stock Exchange (NYSE & NYSE Arca) and NASDAQ Stock Market and operates the worlds largest and most liquid
exchange group and offers the most diverse array of financial products and services tracing its origins to 1792.
Trading hours and phases - NYSE / NYSE Arca

The NYSE has set the following opening times, but reserves the right to vary these times. New York is 14 hours behind Sydney
Market Phase
Time
Notes
Pre-Open Market Phase
4:00am - 9:30am
The pre-opening phase takes place from 04:00am to 9:30am EST.

Note: there is no auction process and therefore no market match price is
disseminated. All orders placed as GFD will be released to the market on
market open. A pre market exists in NYSE Arca where trades are traded in the
market before market open. To place trades in this session the order must be
GTC however you must phone us on 13 13 31 to have your order AUTHORISED
and sent to market.
Normal Trading
9:30am - 4:00pm
modified, and deleted. Trades continuously occur as orders match at price/time
priority. The vast majority of trades take place during Normal Trading.
Closing Market Phase
4:00pm - 8:00pm
The market closes at 4:00pm EST.

Note: There is no closing auctions. All orders placed after this time are queued
until the following days market open. If clients wish to trade after market close in
the after market they must contact us on 13 13 31.
Trading hours and phases - NASDAQ

The NASDAQ has set the following opening times, but reserves the right to vary these times. New York is 14 hours behind Sydney
Market Phase
Time
Notes
Pre-Open Market Phase
7:00am - 9:30am
The pre-opening phase takes place from 07:00am to 9:30am EST.

Note: there is no auction process and therefore no market match price is
disseminated. All orders placed as GFD will be released to the market on
market open. A pre market exists in NASDAQ where trades are traded in the
market before market open. To place trades in this session the order must be
GTC however you must phone us on 13 13 31 to have your order AUTHORISED
and sent to market.
Normal Trading
9:30am - 4:00pm
modified, and deleted. Trades continuously occur as orders match at price/time
priority. The vast majority of trades take place during Normal Trading.
Closing Market Phase
4:00pm - 8:00pm
The market closes at 4:00pm EST.

Note: There is no closing auctions. All orders placed after this time are queued
until the following days market open. If clients wish to trade after market close in
the after market they must contact us on 13 13 31.
Corporate actions
Duties and taxes

Stamp duty is currently not applicable to DMA Share CFD trading in the United States of America.
Order status
the market by MFGA. You must always refer to the Order Status window for confirmation of the status of your orders as some
orders may be rejected electronically. There are two types of order:
> Limit and
Limit orders
All DMA Share CFD orders placed via phone or theTraderPro electronic trading platform are set to a default timeline
of Good For Day (GFD) unless stated or adjusted otherwise to Good Till Cancelled (GTC).
> GTC orders remain in the market until filled or manually cancelled by the broker or client.
> GTC orders are live and active during the pre- and post-market phases.
> GFD orders are purged by the NYSE and NASDAQ.
and released to the relevant US Exchange at Market Open on the following day.
Contingent orders
Short selling
Short selling is allowed in the United States of America. Please see Margin Table in Portfolio Window of the TraderPro electronic
trading platform for further details.
Fat Finger limits

All trading accounts are set an order limit of AUD$250,000 (equivalent in USD) unless you have requested otherwise. Any order
placed to a value greater than AUD$250,000 (equivalent in USD) will be referred to the dealers for manual review.
FX CFDs
FX CFDS
Market
The Foreign Exchange market, also referred to as the forex, FX, Spot FX or just Spot, is the largest financial market in the
world with a volume of over US$3.2 trillion a day.
Trading hours and phases - FX CFDs

The FX CFD market is open from New York open 5pm E.S.T Sunday (Monday 7am A.E.S.T) until New York close Friday 5pm E.S.T
(Saturday 7am A.E.S.T.) A 5 minute market reset occurs each day after the daily market close New York 5pm EST (approx 7am 7:05am A.E.S.T each day).
No Commission
There is no commission to pay on FX CFDs, the only charges are funding and dealing spread.
Order status
orders may be rejected electronically. There are three types of order:
> Limit
> Market and
> Contingent orders (stops).
Limit / Market orders
All FX CFD orders placed via phone or the TraderPro electronic trading platform are set to a default timeline of
Good Till Cancelled (GTC). GTC orders remain in the market until filled or manually cancelled by the broker or client.
Contingent orders
example, if you are long a CFD you can create a contingent order to sell when a security falls to a certain price. This is known as
a Stop Loss order, and may be used to help manage your FX CFD positions. You must be aware, however, that contingent orders
Short selling
Short selling is allowed in the FX CFD market. Please see Margin Table in Portfolio Window of the TraderPro electronic trading
platform for further details.
Minimum / Maximum Contract size

All FX CFD currency pairs are set to a minimum order limit of 50,000 of the reference currency i.e. the first currency in the currency
pair that you are trying to buy/sell. For example, if its AUD/USD the reference currency is AUD). Any order placed to a value greater
than 500,000 of the settlements currency will be referred to the dealers for manual review.
Fat Finger limits
All trading accounts are set an order limit of AUD$250,000 (equivalent in USD) unless you have requested otherwise. Any order
placed to a value greater than AUD$250,000 (equivalent in USD) will be referred to the dealers for manual review.
FX CFD Currency Pairs Available for Trade

Exchange
Contract Code
Description
Settlement
Currency
Currency
Lot Size
MFX
AUDCHF
Aus Dollar vs Swiss Fr
CHF
CHF
50,000
MFX
AUDJPY
Aus Dollar vs Yen
JPY
JPY
50,000
MFX
AUDNZD
Aus Dollar vs NZ Dollar
NZD
NZD
50,000
MFX
AUDUSD
Aus Dollar vs US Dollar
USD
USD
50,000
MFX
CHFJPY
Swiss Fr vs JP Yen
JPY
JPY
50,000
MFX
EURAUD
Euro vs Aus Dollar
AUD
AUD
50,000
MFX
EURCHF
Euro vs Swiss Fr
CHF
CHF
50,000
MFX
EURGBP
Euro vs Sterling
GBP
GBP
50,000
MFX
EURHKD
Euro vs HK Dollar
HKD
HKD
50,000
MFX
EURJPY
Euro vs Japanese Yen
JPY
JPY
50,000
MFX
EURUSD
Euro vs US Dollar
USD
USD
50,000
MFX
GBPAUD
Sterling vs Aus Dollar
AUD
AUD
50,000
MFX
GBPCHF
Sterling vs Swiss Fr
CHF
CHF
50,000
MFX
GBPJPY
Sterling vs Japanese Yen
JPY
JPY
50,000
MFX
GBPUSD
Sterling vs US Dollar
USD
USD
50,000
MFX
NZDCAD
NZ Dollar vs CAN Dollar
CAD
CAD
50,000
MFX
NZDJPY
NZ Dollar vs Japanese Yen
JPY
JPY
50,000
MFX
NZDUSD
NZ Dollar vs US Dollar
USD
USD
50,000
MFX
USDCAD
US Dollar vs Canadian Dollar
CAD
CAD
50,000
MFX
USDCHF
US Dollar vs Swiss Fr
CHF
CHF
50,000
MFX
USDHKD
US Dollar vs HK Dollar
HKD
HKD
50,000
MFX
USDJPY
US Dollar vs Japanese Yen
JPY
JPY
50,000
MFX
USDSGD
US Dollar vs Singapore Dollar
SGD
SGD
50,000
MFX
XAGUSD
Silver
USD
USD
50,000
MFX
XAUUSD
Gold
USD
USD
50,000
Information is subject to change from time to time.
PAGE 39.
INDEX CFDs
200 Index
Index Futures
CME E-mini S&P 500
Index Futures
(US30)
US 500
Index
Index Futures
SGX MSCI Singapore
Index Futures
SGX Nikkei 225
Index Futures
Index (HK)
Singapore
Index (SG)
Japan 225
Index
Index Futures
Index
Crude Oil Futures
Spot Gold
Spot Silver
(USOIL)
Gold
Silver
XAGUSD
XAUUSD
USOILSEP10
IND50AUG10
JP225SEP10
SGJUL10
HKAUG10
US500SEP10
.MFX
.MFX
.IND
.IND
.IND
.IND
.IND
.IND
.IND
No Expiry
No Expiry
Monthly Expiry
Monthly Expiry
Quarterly Expiry*
Monthly Expiry
Monthly Expiry
Monthly Expiry
Quarterly Expiry
Quarterly Expiry*
Cycle
Exchange Suffix
.IND
CFD Contract
MF Global CFD
+3 cents to either side
+2 points to either side
+0.2 points to either side
Add-On
Spread
100 CFDs
CFDs
5,000
100 CFDs
1 CFD
100 CFDs
1 CFD
1 CFD
1 CFD
1 CFD
1 CFD
Trade Size
Minimum
10,000 CFDs
50 CFDs
10,000 CFDs
500 CFDs
500 CFDs
500 CFDs
100 CFDs
100 CFDs (Night)
250 CFDs (Daytime)
Size
Maximum Trade
* MFGA Japan 225 and Australia 200 Index CFDs only cover March, June, September and December contracts.
Spread Add-On, Maximum Trade Size and Margin may change from time to time. Please check the website regularly for updates or contact your adviser.
The MFGA CFD Symbol shown above are example months - all MFGA CFD Symbols will follow the format of e.g AU200MMMYY.
Exchange .IND refers to the listing location of the Index & Commodity CFDs. Exchange . MFX refers to the listing location of FX CFDs.
NYMEX Light Sweet
US Oil
(IND50)
SGX S&P CNX Nifty
India 50
(JP225)
HKFE Hang Seng
Hong Kong
(US500)
CBOT E-mini ($5) Dow
US 30 Index
US30SEP10
AU200SEP10
ASX SPI 200
Index Futures
Australia
(AU200)
CFD Symbol
Instrument
Product
MF Global
Underlying
CFD
100 Ounces
5,000 Ounces
1 Barrel
1USD x Index
1JPY x Index
1SGD x Index
1HKD x Index
1USD x Index
1USD x Index
1AUD x Index
Contract
Size of
7%
7%
5%
5%
5%
5%
5%
5%
5%
5%
Margin
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Long
Allow
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Short
Allow
USD
USD
USD
USD
JPY
SGD
HKD
USD
USD
AUD
Currency
Index & Commodity CFD Table - Standard Contracts
PAGE 41.
INDEX & COMMODITY CFDS

Market
The Index & Commodity CFD market is one of the fastest growing financial product areas in CFDs due to their simplicity and
flexibility. Trading Index & Commodity CFDs allows you to focus on the overall movement of a market and reduce your exposure
to the fluctuation of a single share CFD. Its an easy way to invest in the direction of a whole market. The Index & Commodity CFDs
offered include leading market indices that track the underlying futures contracts of the ASX SPI 200, CBOT E-mini Dow, CME
E-mini S&P 500, SGX Nikkei 225, HKEX Hang Seng, SGX MSCI Singapore, SGX CNX Nifty Index and NYMEX US Light Sweet
Crude Oil.
Trading hours and phases - Index & Commodity CFDs

The Index & Commodity CFD market is a global market with varying trading times. Please see the trading times available on the
Index & Commodity CFD Table on page 41.
Commission / Funding
There is no commission or funding to pay on Index & Commodity CFD contracts, the only charge is the dealing spread.
Order status
Placing an order via the TraderPro electronic trading platform is not a guarantee that the corresponding contract has been placed in
orders may be rejected electronically. There are three types of order - Limit, Market and Contingent
orders (stops).
Limit / Market orders
All Index & Commodity CFD orders placed via phone or the TraderPro electronic trading platform are set to a
default timeline of Good Till Cancelled (GTC). GTC orders remain in the market until filled or manually cancelled by the broker or
client.
Contingent orders
example, if you are long a CFD you can create a contingent order to sell when a security falls to a certain price. This is known as
a Stop Loss order, and may be used to help manage your Index & Commodity CFD positions. You must be aware, however, that
contingent orders are not guaranteed. If the underlying security price moves suddenly, your order may not be filled, or may filled at
a price different to that specified by you, and you may suffer losses as a result.
Short selling
Short selling is allowed in the Index & Commodity CFD market. Please see Margin Table in Portfolio Window of the TraderPro
electronic trading platform for further details.
Minimum / Maximum Contract size

All Index & Commodity CFD currency pairs are set to a minimum order limit. These order limits vary from contract to contract.
Please consult the Contract Specifications of each contract for more detail.
.
INDEX & COMMODITY CFD TRADING HOURS - Sydney Time

Sydney Time (AEST / USST)
00 01 02 03
04
05
06
07
08
09
10
11
12
14
15
16
17
18
19
AU200
9:50am - 4:30pm
5:10pm - 7:00am
JP225
9:45am - 4:25pm
5:30pm - 3am
HK
IND50
11:45pm - 2:30pm
6:30-7:30am
8am - 6:15am
6:30-7:30am
8am - 6:15am
US Oil
05
06
07
08
09
AU200
10
11
12
13
14
15
16
17
18
19
20
21
22
23
5:10pm - 7:00am
10:45am - 5:25pm
HK
6:30pm - 4am
12:45pm - 3:30pm
5:30pm - 7:15pm
12:00pm - 9:10pm
10:15pm - 4:00am
SG
11:30am - 8:10pm
US30
7:30-8:30am
9am - 7:15am
US500
7:30-8:30am
9am - 7:15am
US Oil
9:15pm - 4:00am
9am - 8:15am
Sydney Time (AEDST / USDST)

00 01 02 03 04
05
06
07
08
09
AU200
10
11
12
13
14
15
16
17
18
10:45am - 5:25pm
HK
19
20
21
22
23
5:10pm - 8:00am
9:50am - 4:30pm
JP225
6:30pm - 4am
12:45pm - 3:30pm
5:30-7:15pm
12:00pm - 9:10pm
10:15pm - 4:00am
SG
11:30am - 8:10pm
US30
7:30-8:30am
9am - 7:15am
US500
7:30-8:30am
9am - 7:15am
US Oil
9:15pm - 4:00am
9am - 8:15am
Sydney Time (USST / AEDST)

00 01 02 03 04
05
06
07
08
09
AU200
10
11
12
13
14
15
16
17
9:50am - 4:30pm
JP225
18
19
20
21
22
23
5:10pm - 8:00am
10:45am - 5:25pm
HK
12:45pm - 3:30pm
6:30pm - 4am
5:30-7:15pm
12:00pm - 9:10pm
10:15pm - 4:00am
SG
11:30am - 8:10pm
US30
8:30-9:30am
10am - 8:15am
US500
8:30-9:30am
10am - 8:15am
US Oil
23
8:15pm - 3:00am
9:50am - 4:30pm
JP225
IND50
22
8am - 7:15am
Sydney Time (AEDST / USST)

00 01 02 03 04
IND50
21
4:30pm - 6:15pm
10:30am - 7:10pm
US500
IND50
20
11:00am - 8:10pm
9:15pm - 3:00am
SG
US30
13
10am - 9:15am
Dates for Day Light Savings Times are subject to change. Please check the applicable country websites for further details.
9:15pm-4:00am
Contract Specifications - Australia 200 Index

CFD Instrument Name
Australia 200 Index (AU200)
CFD Type
Index (OTC)
Underlying instrument
ASX SPI 200 Index Futures
Contract Unit (Face Value)
1 AUD x Index
Contract Currency
AUD
Contract Months
Quarterly - March/June/September/December
Example code as displayed onTraderPro
AU200JUN10
Example price as displayed on TraderPro
5119.5
Tick Increment
1.0
Tick Value
AUD 1
Minimum Trade Size
1 CFD
1 CFD
Maximum Trade Size
250 CFDs (Daytime)
100 CFDs (Night)
Funding Charges
No Funding is charged when holding an overnight position
Commission Charges
No commission
Last Dealing Time (LDT) & Expiry Dates
LDTs and expiry dates for each Index & Commodity CFD product can be found on the MFGA website
at www.mfglobal.com.au/index-commodity-cfd-last-dealingtimes-expiries.html
Trading Hours (all times are Sydney time)
During US Non Day Light Savings Time
During US Day Light Savings Time
Day Session
9.50am - 4.30pm A.E.D.S.T.
9.50am - 4.30pm A.E.S.T.
Night Session
5:10pm - 8:00am A.E.D.S.T.
5:10pm - 7:00am A.E.S.T.
Although the underlying instrument is available in monthly contracts, MFGA only offers CFDs on quarterly contracts.
Contract Specifications - Hong Kong Index

CFD Instrument Name
Hong Kong Index (HK)
CFD Type
Index (OTC)
HKFE Hang Seng Index Futures
1 HKD x Index
Contract Currency
HKD
Contract Months
Monthly
Example code as displayed on TraderPro
HKNOV10
Example price as displayed onTraderPro
21400
Tick Increment
1.0
Tick Value
HKD 1
Minimum Trade Size
1 CFD
Maximum Trade Size
500 CFDs
Funding Charges
No Funding is charged when holding an overnight position.
Commission Charges
No commission
LDTs and expiry dates for each Index & Commodity CFD product can be found on the MFGA
website at www.mfglobal.com.au/index-commodity-cfd-last-dealingtimes-expiries.html
Winter Time
Summer Time
Day Session
11:45pm - 2:30pm A.E.S.T.

4:30pm - 6:15pm A.E.S.T.
12:45pm - 3:30pm A.E.D.S.T.

5:30pm - 7:15pm A.E.D.S.T.
Night Session
No night session
No night session
*Contract specifications are subject to change from time to time.
PAGE 45.
Contract Specifications - India 50 Index

CFD Instrument Name
India 50 Index (IND50)
CFD Type
Index (OTC)
SGX S&P CNX Nifty Index Futures
1 USD x Index
Contract Currency
USD
Contract Months
Monthly
IND50AUG10
5337.5
Tick Increment
0.5
Tick Value
USD 50
Minimum Trade Size
1 CFD
Maximum Trade Size
50 CFDs
Funding Charges
Commission Charges
No commission
Winter Time
Summer Time
Day Session
11:00am - 8:10pm A.E.S.T.
12:00pm - 9:10pm A.E.D.S.T.
Night Session
9:15pm - 3:00am A.E.S.T.
10:15pm - 4:00am A.E.D.S.T.
Contract Specifications - Japan 225 Index

CFD Instrument Name
Japan 225 Index (JP225)
CFD Type
Index (OTC)
SGX Nikkei 225 Index Futures
1 JPY x Index
Contract Currency
JPY
Contract Months
JP225DEC10
10765
Tick Increment
5.0
Tick Value
JPY 5
Minimum Trade Size
100 CFDs (must be traded in multiples of 100)
Maximum Trade Size
10,000 CFDs
Funding Charges
Commission Charges
No commission
Winter Time
Summer Time
Day Session
9:45am - 4.25pm A.E.S.T.
10:45am - 5:25pm A.E.D.S.T.
Night Session
5:30pm - 3:00am A.E.S.T.
6:30pm - 4:00am A.E.D.S.T.
Although the underlying instrument is available in monthly contracts, MFGA only offers CFDs on quarterly contracts.
Contract Specifications - Singapore Index

CFD Instrument Name
Singapore Index (SG)
CFD Type
Index (OTC)
SGX MSCI Singapore Index Futures
1 SGD x Index
Contract Currency
SGD
Contract Months
Monthly
SGOCT10
348.3
Tick Increment
0.1
Tick Value
SGD 0.1
Minimum Trade Size
1 CFD
Maximum Trade Size
500 CFDs
Funding Charges
Commission Charges
No commission
Winter Time
Summer Time
Day Session
10:30am - 7:10pm A.E.S.T.
11:30am - 8:10pm A.E.D.S.T.
Night Session
8:15pm - 3:00am A.E.S.T.
9:15pm - 4:00am A.E.D.S.T.
Contract Specifications - US 30 Index

CFD Instrument Name
US 30 Index (US30)
CFD Type
Index (OTC)
CBOT E-mini Dow ($5) Futures
1 USD x Index
Contract Currency
USD
Contract Months
US30SEP10
10205
Tick Increment
1.0
Tick Value
USD 1
Minimum Trade Size
1 CFD
Maximum Trade Size
100 CFDs
Funding Charges
Commission Charges
No commission
A.E.S.T. / US Non DST
A.E.D.S.T. / US DST
A.E.D.S.T. / US Non DST
Day Session
8:00am - 6:15am
10:00am - 8:15am
9:00am - 7:15am
Night Session
6:30am - 7:30am
8:30am - 9:30am
7:30am - 8:30am
Contract Specifications - US 500 Index

CFD Instrument Name
US 500 Index (US500)
CFD Type
Index (OTC)
CME E-mini S&P 500 Index Futures
1 USD x Index
Contract Currency
USD
Contract Months
US500SEP10
1161.75
Tick Increment
0.25
Tick Value
USD 0.25
Minimum Trade Size
1 CFD
Maximum Trade Size
500 CFDs
Funding Charges
Commission Charges
No commission
LDTs and expiry dates for each Index & Commodity CFD product can be found on the MFGA website at
www.mfglobal.com.au/index-commodity-cfd-last-dealingtimes-expiries.html
A.E.D.S.T. / US DST
Day Session
8:00am - 6:15am
10:00am - 8:15am
9:00am - 7:15am
Night Session
6:30am - 7:30am
8:30am - 9:30am
7:30am - 8:30am
Contract Specifications - US OIL

CFD Instrument Name
US Oil (USOIL)
CFD Type
Index (OTC)
NYMEX Light Sweet Crude Oil Futures
1 Barrel
Contract Currency
USD
Contract Months
Monthly
USOILAUG10
82.12
Tick Increment
0.01
Tick Value
USD 1
Minimum Trade Size
100 CFDs (must be traded in multiples of 100)
Maximum Trade Size
10,000 CFDs
Funding Charges
Commission Charges
No commission
LDTs and expiry dates for each Index & Commodity CFD product can be found on the MFGA website at
www.mfglobal.com.au/index-commodity-cfd-last-dealingtimes-expiries.html
A.E.D.S.T. / US DST
8:00am - 7:15am
10:00am - 9:15am
9:00am - 8:15am
Appendix I Australia
The following is an example of the Margin Table* for Australia. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan To
Value Ratio
Margin
Short
Sell
Allow
Buy
Currency
Lot Size
ANZ
ANZ Banking Grp Ltd
ASX
95
yes
yes
AUD
BHP
BHP Billiton Ltd
ASX
95
yes
yes
AUD
BXB
Brambles Limited
ASX
95
yes
yes
AUD
CBA
Commonwealth Bank
ASX
95
yes
yes
AUD
CGJ
Coles Group Ltd
ASX
95
yes
yes
AUD
NAB
National Aust. Bank
ASX
95
yes
yes
AUD
RIO
RIO Tinto Limited
ASX
95
yes
yes
AUD
SGB
St George Bank
ASX
95
yes
yes
AUD
TLS
Telstra Corporation
ASX
95
yes
yes
AUD
TLSCA
Instalment Receipts
ASX
95
yes
yes
AUD
WBC
Westpac Banking Corp
ASX
95
yes
yes
AUD
WDC
Westfield Group
ASX
95
yes
yes
AUD
WES
Wesfarmers Limited
ASX
95
yes
yes
AUD
AAN
Alinta Limited
ASX
90
10
yes
yes
AUD
AGK
AGL Energy Limited
ASX
90
10
yes
yes
AUD
AMC
Amcor Limited
ASX
90
10
no
yes
AUD
BNB
Babcock & Brown Ltd
ASX
90
10
yes
yes
AUD
CSR
CSR Limited
ASX
90
10
yes
yes
AUD
MBL
Macquarie Bank
ASX
90
10
yes
yes
AUD
Appendix I I Hong Kong
The following is an example of the Margin Table for Hong Kong*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan To
Value Ratio
Margin
Short
Sell
Allow
Buy
Currency
Lot Size
0001
CHEUNG KONG
HK
90
10
yes
yes
HKD
1000
0002
CLP HOLDINGS
HK
90
10
yes
yes
HKD
500
0003
HK & CHINA GAS
HK
90
10
yes
yes
HKD
1000
0004
WHARF HOLDINGS
HK
90
10
yes
yes
HKD
1000
0005
HSBC HOLDINGS
HK
90
10
yes
yes
HKD
400
0006
HK ELECTRIC
HK
90
10
yes
yes
HKD
500
0008
PCCW
HK
90
10
yes
yes
HKD
1000
0011
HANG SENG BANK
HK
90
10
yes
yes
HKD
100
0012
HENDERSON LAND
HK
90
10
yes
yes
HKD
1000
0013
HUTCHISON
HK
90
10
yes
yes
HKD
1000
0016
SHK PPT
HK
90
10
yes
yes
HKD
1000
0017
NEW WORLD DEV
HK
90
10
yes
yes
HKD
1000
0019
SWIRE PACIFIC A
HK
90
10
yes
yes
HKD
500
0023
BANK OF E ASIA
HK
90
10
yes
yes
HKD
200
0066
MTR CORPORATION
HK
90
10
yes
yes
HKD
500
0083
SINO LAND
HK
90
10
no
yes
HKD
2000
0101
HANG LUNG PPT
HK
90
10
yes
yes
HKD
1000
0144
CHINA MER HOLD
HK
90
10
yes
yes
HKD
2000
0179
JOHNSON ELEC H
HK
90
10
yes
yes
HKD
500
* subject to change as amended from time to time.
Appendix III Japan
The following is an example of the Margin Table for Japan*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan to Value
Ratio
Margin
Short Sell
Allow Buy
Currency
Lot Size
7974
NINTENDO
90
10
yes
yes
JPY
1000
8031
MITSUI CO
90
10
yes
yes
JPY
1000
4912
LION
90
10
yes
yes
JPY
1000
9984
SOFTBANK
90
10
yes
yes
JPY
100
8585
ORIENT CORP
90
10
yes
yes
JPY
1000
9531
TOKYO GAS
90
10
yes
yes
JPY
1000
7951
YAMAHA CORP
90
10
yes
yes
JPY
1000
8235
MATSUZAKAYA
90
10
yes
yes
JPY
1000
9432
NTT
90
10
yes
yes
JPY
8802
MITSUBISHI EST
90
10
yes
yes
JPY
1000
8604
NOMURA HOLDINGS
90
10
yes
yes
JPY
100
8591
ORX
90
10
yes
yes
JPY
10
6773
PIONEER
90
10
yes
yes
JPY
100
7211
MITSUBISHI MOTOR
90
10
yes
yes
JPY
1000
7201
NISSAN MOTOR CO
90
10
yes
yes
JPY
100
7203
TOYOTA MOTOR CO
90
10
no
yes
JPY
100
6758
SONY CORP
90
10
yes
yes
JPY
100
Appendix IV Korea
The following is an example of the Margin Table for Korea*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan to Value
Ratio
Margin
Short Sell*
Allow Buy
Currency
Lot Size
105560
KS
80
20
no
yes
KRW
10
9150
KS
80
20
yes
yes
KRW
10
1740
KS
80
20
yes
yes
KRW
10
810
KS
80
20
no
yes
KRW
6800
KS
80
20
no
yes
KRW
10
2380
KS
80
20
no
yes
KRW
6400
KS
80
20
no
yes
KRW
12330
KS
80
20
yes
yes
KRW
140
KS
80
20
yes
yes
KRW
78930
KS
80
20
yes
yes
KRW
10
3490
KS
80
20
no
yes
KRW
10
32390
KS
80
20
no
yes
KRW
10
10950
KS
80
20
yes
yes
KRW
3600
KS
80
20
yes
yes
KRW
34220
KS
80
20
yes
yes
KRW
10
35250
KS
80
20
yes
yes
KRW
10
10140
KS
80
20
no
yes
KRW
10
PAGE 49.
Appendix V Malaysia
The following is an example of the Margin Table for Malaysia*. For more information, go to the glossary on page 54.
Security
Description
AAAN
Exchange
Loan to Value
Ratio
Margin
Short Sell*
Allow Buy
Currency
Lot Size
KL
80
20
no
yes
MYR
100
YTLS
KL
80
20
no
yes
MYR
100
MBBM
KL
80
20
no
yes
MYR
100
MBCB
KL
80
20
no
yes
MYR
100
AIRA
KL
80
20
no
yes
MYR
100
AMMB
KL
80
20
no
yes
MYR
100
UMWS
KL
80
20
no
yes
MYR
100
UEMW
KL
80
20
no
yes
MYR
100
PEPT
KL
80
20
no
yes
MYR
100
BATO
KL
80
20
no
yes
MYR
100
BMYS
KL
80
20
no
yes
MYR
100
PLUE
KL
80
20
no
yes
MYR
100
IJMS
KL
80
20
no
yes
MYR
100
TLMM
KL
80
20
no
yes
MYR
100
TJPL
KL
80
20
no
yes
MYR
100
TENA
KL
80
20
no
yes
MYR
100
RHBC
KL
80
20
no
yes
MYR
100
Appendix VI New Zealand
The following is an example of the Margin Table for New Zealand*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan to Value
Ratio
Margin
Short Sell*
Allow Buy
Currency
Lot Size
AIA
AUCKAIR
NZ
90
10
yes
yes
NZD
AIR
AIRNZ
NZ
90
10
yes
yes
NZD
AMP
AMP
NZ
90
10
yes
yes
NZD
ANZ
ANZBANKGRP
NZ
90
10
yes
yes
NZD
CEN
CONTACT
NZ
90
10
yes
yes
NZD
FPA
FISHERAPP
NZ
90
10
yes
yes
NZD
FPH
FISHERHEALTH
NZ
90
10
yes
yes
NZD
GFF
GOODMAN
NZ
90
10
yes
yes
NZD
GPG
GUINESSPEAT
NZ
90
10
yes
yes
NZD
LNN
LIONNATHAN
NZ
90
10
yes
yes
NZD
PMN
PROMINA
NZ
90
10
yes
yes
NZD
SKC
SKYCITY
NZ
90
10
yes
yes
NZD
SKT
SKTTV
NZ
90
10
yes
yes
NZD
TEL
TELECOM
NZ
90
10
yes
yes
NZD
TLS
TELSTRA
NZ
90
10
yes
yes
NZD
WBC
WESTPAC
NZ
90
10
yes
yes
NZD
WHS
WAREHOUSE
NZ
90
10
yes
yes
NZD
Appendix VII Singapore
The following is an example of the Margin Table for Singapore*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan to Value
Ratio
Margin
Short Sell
Allow Buy
Currency
Lot Size
AGRN
ALL GREEN
SI
90
10
yes
yes
SGD
1000
CMDG
COMFORTDELGRO
SI
90
10
yes
yes
SGD
1000
GPK
GOODPAK
SI
80
20
yes
yes
SGD
1000
GUOC
GUOCOLAND
SI
80
20
yes
yes
SGD
1000
HPLZ
HOTEL PLAZA
SI
80
20
yes
yes
SGD
1000
HFYL
HYFLUX
SI
90
10
yes
yes
SGD
1000
KLAN
KEPPEL LAND
SI
90
10
yes
yes
SGD
1000
MONE
MOBILE ONE
SI
90
10
yes
yes
SGD
1000
OCBC
OCBC
SI
90
10
no
yes
SGD
1000
SIAL
SIA LTD
SI
90
10
yes
yes
SGD
1000
SMRT
SMRT CORP
SI
80
20
yes
yes
SGD
1000
STAR
STARHUB
SI
90
10
no
yes
SGD
1000
STEL
SING TELECOM
SI
90
10
yes
yes
SGD
1000
UOBH
UOB LTD
SI
90
10
yes
yes
SGD
1000
VENM
VENTURE
SI
90
10
yes
yes
SGD
1000
WPSL
WHEELLOCK PROP
SI
80
20
yes
yes
SGD
1000
WTHS
WING TAI HLDGS
SI
90
10
yes
yes
SGD
1000
YNLG
YANLORD LAND
SI
80
20
yes
yes
SGD
1000
Appendix VIII Taiwan
The following is an example of the Margin Table for Taiwan*. For more information, go to the glossary on page 54.
Security
50
Description
Exchange
Loan to Value
Ratio
Margin
Short Sell*
Allow Buy
Currency
Lot Size
TW
80
20
no
yes
TWD
1000
1101
TW
80
20
no
yes
TWD
1000
1102
TW
80
20
no
yes
TWD
1000
1216
TW
80
20
no
yes
TWD
1000
1301
TW
80
20
no
yes
TWD
1000
1303
TW
80
20
no
yes
TWD
1000
3009
TW
80
20
no
yes
TWD
1000
1326
TW
80
20
no
yes
TWD
1000
1402
TW
80
20
no
yes
TWD
1000
2881
TW
80
20
no
yes
TWD
1000
2880
TW
80
20
no
yes
TWD
1000
2801
TW
80
20
no
yes
TWD
1000
2317
TW
80
20
no
yes
TWD
1000
2409
TW
80
20
no
yes
TWD
1000
9904
TW
80
20
no
yes
TWD
1000
8046
TW
80
20
no
yes
TWD
1000
6505
TW
80
20
no
yes
TWD
1000
PAGE 51.
Appendix IX United Kingdom
The following is an example of the Margin Table for United Kingdom*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan To
Value Ratio
Margin
Short
Sell
Allow
Buy
Currency
Lot Size
AAL
Anglo American PLC
LSE
95
yes
yes
GBP
AZN
AstraZeneca PLC
LSE
95
yes
yes
GBP
BATS
British American Tobacco PLC
LSE
95
yes
yes
GBP
BG
BG Group PLC
LSE
95
yes
yes
GBP
BLT
BHP Billiton PLC
LSE
95
yes
yes
GBP
BP
BP PLC
LSE
95
yes
yes
GBP
BT
BT Group PLC
LSE
95
yes
yes
GBP
DGE
Diageo PLC
LSE
95
yes
yes
GBP
GSK
GlaxoSmithKline PLC
LSE
95
yes
yes
GBP
HSBA
HSBC Holdings PLC
LSE
95
yes
yes
GBP
LLOY
Lloyds TSB Group PLC
LSE
95
yes
yes
GBP
RDSa
Royal Dutch Shell PLC
LSE
95
yes
yes
GBP
RDSb
Royal Dutch Shell PLC
LSE
95
yes
yes
GBP
RIO
Rio Tinto PLC
LSE
95
yes
yes
GBP
TSCO
Tesco PLC
LSE
95
yes
yes
GBP
VOD
Vodafone Group PLC
LSE
95
yes
yes
GBP
ABF
Associated British Foods PLC
LSE
95
yes
yes
GBP
ANTO
Antofagasta PLC
LSE
90
10
yes
yes
GBP
AV
Aviva PLC
LSE
90
10
yes
yes
GBP
BAES
BAE Systems PLC
LSE
90
10
yes
yes
GBP
BARC
Barclays PLC
LSE
90
10
yes
yes
GBP
BSY
British Sky Broadcasting Group PLC
LSE
90
10
yes
yes
GBP
Appendix X United States of America
The following is an example of the Margin Table for United States of America*. For more information, go to the glossary on page 54.
Security
Description
Exchange
Loan To
Value Ratio
Margin
Short
Sell
Allow
Buy
Currency
Lot Size
XOM
Exxon Mobil Corp
NYS
90
10
no
yes
USD
WMT
Wal-Mart Stores Inc
NYS
90
10
no
yes
USD
JNJ
Johnson & Johnson
NYS
90
10
no
yes
USD
JPM
JPMorgan Chase & Co
NYS
90
10
no
yes
USD
GE
General Electric Co
NYS
90
10
no
yes
USD
AT&T Inc
NYS
90
10
no
yes
USD
PG
Procter & Gamble Co/The
NYS
90
10
no
yes
USD
BAC
Bank of America Corp
NYS
90
10
no
yes
USD
CVX
Chevron Corp
NYS
90
10
no
yes
USD
WFC
Wells Fargo & Co
NYS
90
10
no
yes
USD
KO
Coca-Cola Co/The
NYS
90
10
no
yes
USD
PFE
Pfizer Inc
NYS
90
10
no
yes
USD
PM
Philip Morris International Inc
NYS
90
10
no
yes
USD
PEP
PepsiCo Inc/NC
NYS
90
10
no
yes
USD
VZ
Verizon Communications Inc
NYS
90
10
no
yes
USD
ABT
Abbott Laboratories
NYS
90
10
no
yes
USD
PAGE 53.
Appendix XI FX CFDS
The following is an example of the Margin Table for FX CFDs*. For more information, go to the glossary on page 54.
Exchange
Contract
Code
Description
Settlement
Currency
Margin
Short
Sell
Allow
Buy
Currency
Lot Size
MFX
AUDCHF
Aus Dollar vs Swiss Fr
CHF
4%
yes
yes
CHF
50,000
MFX
AUDJPY
Aus Dollar vs Yen
JPY
4%
yes
yes
JPY
50,000
MFX
AUDNZD
Aus Dollar vs NZ Dollar
NZD
5%
yes
yes
NZD
50,000
MFX
AUDUSD
Aus Dollar vs US Dollar
USD
4%
yes
yes
USD
50,000
MFX
CHFJPY
Swiss Fr vs JP Yen
JPY
4%
yes
yes
JPY
50,000
MFX
EURAUD
Euro vs Aus Dollar
AUD
4%
yes
yes
AUD
50,000
MFX
EURCHF
Euro vs Swiss Fr
CHF
4%
yes
yes
CHF
50,000
MFX
EURGBP
Euro vs Sterling
GBP
4%
yes
yes
GBP
50,000
MFX
EURHKD
Euro vs HK Dollar
HKD
4%
yes
yes
HKD
50,000
MFX
EURJPY
Euro vs Japanese Yen
JPY
4%
yes
yes
JPY
50,000
MFX
EURUSD
Euro vs US Dollar
USD
4%
yes
yes
USD
50,000
MFX
GBPAUD
Sterling vs Aus Dollar
AUD
4%
yes
yes
AUD
50,000
MFX
GBPCHF
Sterling vs Swiss Fr
CHF
4%
yes
yes
CHF
50,000
MFX
GBPJPY
Sterling vs Japanese Yen
JPY
4%
yes
yes
JPY
50,000
MFX
GBPUSD
Sterling vs US Dollar
USD
4%
yes
yes
USD
50,000
MFX
NZDCAD
NZ Dollar vs CAN Dollar
CAD
4%
yes
yes
CAD
50,000
MFX
NZDJPY
NZ Dollar vs Japanese Yen
JPY
5%
yes
yes
JPY
50,000
MFX
NZDUSD
NZ Dollar vs US Dollar
USD
5%
yes
yes
USD
50,000
MFX
USDCAD
US Dollar vs Canadian Dollar
CAD
4%
yes
yes
CAD
50,000
MFX
USDCHF
US Dollar vs Swiss Fr
CHF
4%
yes
yes
CHF
50,000
MFX
USDHKD
US Dollar vs HK Dollar
HKD
4%
yes
yes
HKD
50,000
MFX
USDJPY
US Dollar vs Japanese Yen
JPY
4%
yes
yes
JPY
50,000
MFX
USDSGD
US Dollar vs Singapore Dollar
SGD
4%
yes
yes
SGD
50,000
MFX
XAGUSD
Silver
USD
7%
yes
yes
USD
50,000
MFX
XAUUSD
Gold
USD
7%
yes
yes
USD
50,000
Appendix XII Index & Commodity CFDs
The following is an example of the Margin Table for Index & Commodity CFDs*. For more information, go to the glossary on page
54.
Exchange
Contract
Code
Description
Initial
Margin
Currency
Short
Sell
Lot Size
.IND
AU200
Australia 200 Index
AUD
yes
.IND
HK
Hong Kong Index
HKD
yes
.IND
IND50
India 50 Index
USD
yes
.IND
JP225
Japan 225 Index
JPY
yes
100
.IND
SG
Singapore Index
SGD
yes
.IND
US30
US 30 Index
USD
yes
.IND
US500
US 500 Index
USD
yes
.IND
USOIL
US Oil Index
USD
yes
100
Appendix XIII Glossary

Allow Buy: Only securities marked as yes may be bought. There are rare occasions when a particular CFD may not be purchased
due to exchange restrictions.
Currency: The local currency of the underlying CFD.
Description: The name of the underlying CFD.
Exchange: This column denotes which stock exchange any given security is traded on.
Lot Size: Each CFD has a pre-defined Lot size that is tradeable on the exchange. There is no odd lot facility.
Corporate Action where an odd lot is created an odd lot facility to close out the trade will be available by contactusing us on
13 13 31.
Margin: This is the amount of Initial Margin required to trade this particular CFD. Please note
the Initial Margin is subject to change dependent on market conditions.
Security: Only securities that are represented in the Margin Table are available as CFDs.
Short Sell: Only securities marked as yes may be sold short. However, if you wish to trade short over a security marked as No
please contact us on 13 13 31, as stock can sometimes be sourced intra-day.
Smart last: The current middle point of either the bid, the ask or the last.
For example:
Bid
Ask
Last
Smart last
2.00
2.02
2.01
2.01
2.00
2.02
2.03
2.02
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CFDs

CFD Markets Guide

MF GLOBAL MARKETS GUIDE

MF GLOBAL MARKETS GUIDE

Trading platform functionality and filters.................................. .............................................................................................................5

Index & Commodity Summary Table.............................................................................................................................................................................................. 41

MF GLOBAL MARKETS GUIDE

CFD Trading Rules - Australia & International Markets

The Direct Market Access (DMA) Share CFD model

Internet trading rules

MF GLOBAL MARKETS GUIDE

Trading Platform - Functionality & Filters

User - JBLOGGS already has 4 or more concurrent bids. Must be authorised.

PAGE 6. MF GLOBAL MARKETS GUIDE

Stocks cannot be short sold

Increased order volume

MF GLOBAL MARKETS GUIDE

ASX price increments

Current CFD Price

DMA Share CFDs

MF GLOBAL MARKETS GUIDE

International DMA Share CFD Market Times

Daylight Savings (AESST)

Country Local Time

*Closing Single Price Auction

MF GLOBAL MARKETS GUIDE

AUSTRALIA DMA SHARE CFDS

Trading hours and phases

The opening is sometimes referred to as the opening auction or opening

CFDs starting with:

Opening Time (EST)

The time is randomly generated by ASX Trade and occurs up to 15 seconds on

The end-of trading day is sometimes referred to as closing auction or

After Hours Order Placement

Duties and taxes

MF GLOBAL MARKETS GUIDE PAGE 11.

Fat Finger limits

MF GLOBAL MARKETS GUIDE

HONG KONG DMA SHARE CFDS

Trading hours and phases

TraderPro is available during the Pre-Opening Session. Access to this

Order input period

During the order input period, SEHK allows:

Pre-order matching period

During the pre-order matching period, SEHK allows:

Order matching period

Continuous Trading - Morning

During the Continuous Trading Session, SEHK allows:

Extended Morning Session

Closed for lunch period.

SEHK allows the cancellation of orders entered in the Morning Session

During the Continuous Trading Session, SEHK allows:

Closing Auction order input period

During the order input period, SEHK allows:

Closing Auction order matching period

MF GLOBAL MARKETS GUIDE PAGE 13.

Duties and taxes

How SEHK matches bids and asks

Placing, amending and cancelling orders

MF GLOBAL MARKETS GUIDE

SEHK price increments

Price of Stock ($)

As communicated by the SEHK.

MF GLOBAL MARKETS GUIDE PAGE 15.