a. Price Limits

Some of the exchanges on which the products we offer are traded, have price limits. Trading will temporarily cease due to an imbalance between the number of buyers and sellers in the exchange, basically avoiding a crash or extreme rally in the markets.

The exchange will halt trading until the imbalance evens out, usually for only a few minutes and then will resume with the new price limits in place. Henyep Investment will stop offering prices during the halts and will resume when the exchange recommences trading.

Price limits on the NDI, SPI and DJI
• For the NDI and SPI, the trading halts when the market drops 5%,10%, 15%, and last of all 20%.
• With the DJI the limits are at falls of 10%, 20% and then 30%.
• There is also a limit up of 5% on the NDI and SPI but only when the exchange is closed and traded via GLOBEX.
The limits on the Indices always vary as they are set quarterly by the exchange.

Price Limits on Nikkei
• Daily price limits are set at approximately 5% increase or decrease from the previous days settlement.

Price Limits on Stocks
• Trading stocks is halted whenever the DJI trading is halted.
• A stock may be suspended or trading halted for other reasons that are independent to that company.

b. Profit and Loss Calculation

(Selling Price - Buying Price) * Contract Size * Number Of Contracts = Profit/Loss in US$

*Commission charges are NOT included in the above calculation.

c. FInancial Fee Calculation

Interest Calculation: (1)
((Opening Price * Contract Size * Number of Contracts * Interest Rate) / 360) * Number of Days = US$ Interest Fee

Storage Fee Calculation: (2)
Storage Fee Rate * Number of Days * Number of Contracts = Storage Fee

d. Dividends and other Corporate Events

Dividends:
A dividend adjustment is applicable at the ex-dividend date of the underlying stock. In the case of long positions, the dividend adjustment will be credited to the client's account. In the case of short positions, the dividend adjustment will be debited from the client's account. The dividend adjustment will be made gross, with no adjustment for tax.

Bonus shares issue, stock splits:
In the case of a bonus share issue, stock splits or similar events affecting the underlying shares, Henyep Investment will determine the appropriate adjustment, if any, to be made to the related Stock CFD. These adjustments will take account of the dilution or concentration necessary to preserve the economic equivalent of the rights and obligations of the parties under the relevant margin trade immediately prior to that event. The number of new shares held may be rounded up or down to reflect the client's redefined position in the Stock CFD.

*The terms may change depending on the market situation. Please refer to our announcement or call to our dealing room for most updated information.