CFD Account:  $1000 per lot on shares, indices and other instruments.

Mini Share Account:  $100 per lot on shares, indices and other instruments.

* Margin requirements are subject to change without notice.

BI is able to maintain these low margin requirements by enabling automatic liquidation of positions once a margin call is reached. This policy also provides for the protection of client account balances in the event of rapid price movements.

A margin call is reached if a client's account equity falls below 50% of the required maintenance margin. For example, in a Standard CFD account, if a client has 10 lots of open positions a margin call will occur if account equity drops below $5,000. At this point, some or all of the client's open positions will be closed immediately at current prices.

Traders are also able to monitor both usable margin and used margin in real-time from the "Account Information" window of the online trading platform. Positions will be automatically closed once account equity drops below maintenance margin.

MORE ON CFD MARGINS
CFDs are traded in lots that are equivalent in size to 1,000 shares each. For example, a trader can purchase 1 lot of a CFD on IBM at $90, for a total position value of $90,000 (10,000 shares of IBM = 1 lot). The required margin for this trade is $1,000.

There are four measures BI clients use in computing margin requirements:
(1) Account Balance: The value of account funds without taking into consideration profits or losses on open trades (or "positions").

(2) Account Equity: The "floating" value of account funds – after taking into account all profits or losses in open trades. If the client were to shut down all open trades, this value would be locked in and become the Account Balance.

(3) Used Margin: The amount of account equity currently committed to maintain open trades, i.e., the client's deposit on the trade. The account must maintain at least this amount to support open positions.

(4) Usable Margin: The account equity not currently committed to maintain open trades. It is available either to open a new trade or to act as a "cushion" against a margin call, i.e., it represents the amount that existing trades can move against the client before receiving a margin call.