ASIC Market Maker, FX License AFSL

#106 For Sale

ASIC Market Maker, FX License AFSL #106 For Sale

1. This licence authorises the licensee to carry on a

financial services business to:

(a) provide general financial product advice for the following

classes of financial products:

(i) derivatives;

(ii) foreign exchange contracts;

(iii) interests in managed investment schemes excluding investor directed portfolio services; and

(iv) securities;

(b) deal in a financial product by:

(i) issuing, applying for, acquiring, varying or disposing

of a financial product in respect of the following classes of products:

(A) derivatives; and

(B) foreign exchange contracts;  and

(ii) applying for, acquiring, varying or disposing

of a financial product on behalf of another person in respect of the following classes of products:

(A) deposit and payment products limited to:

(1) basic deposit products;

(B) derivatives;

(C) foreign exchange contracts;

(D)  interests in managed investment schemes excluding investor directed portfolio services; and

(E) securities; and

(C) make a market for the following financial products; and

(i) foreign exchange contracts;

(d) provide the following custodial or depository services:

(i) operate custodial or depository services other than investor directed portfolio services;

to retail and wholesale clients.