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Amendments to the Terms of Trading for Stock CFDs

Dear Customers,

We would like to inform you that 12 new Stock CFDs are now open for trading for all customers:

Alcoa Inc. (#AA)
Bank of America Corporation (#BAC)
Cisco Systems, Inc. (#CSCO)
Chevron Corporation (#CVX)
E.I. du Pont de Nemours & Company (#DD)
The Home Depot, Inc. (#HD)
Kraft Foods Inc. (#KFT)
3M Company (#MMM)
Merck & Co., Inc. (#MRK)
AT&T Inc. (#T)
The Travelers Companies, Inc. (#TRV)
United Technologies Corporation (#UTX)

Including Stock CFDs that are currently available for trading, we will offer CFDs for all 30 stocks that are listed as components of Dow Jones Industrial Average Index (DJI30). The index is computed from the stock prices of the 30 largest and most widely held public companies in the United States.

Please be advised to right-click 'Market Watch' window in MetaTrader 4 and use the 'Show All Symbols' option in order to see new instruments in the list.

Please note, that Stock CFDs [AIG]..[XOM] will be set to Close Only mode in 5 days and will be replaced by new contracts #AA...#XOM. All trading positions in [AIG]..[XOM] will be automatically closed on October 23th, 2009 (Friday) using the last market price of the trading session.

We would like to draw your attention to important amendments to the terms of trading for Stock CFDs:

The minimum traded contract size will be equal to 500 CFDs and the step will be also 500 CFDs.

Commission in Stocks CFDs will be 0.06 USD (or equivalent amount in any deposit currency) for 1 CFD (1.0 Lot), i.e. 30 USD for 500 CFDs.

Leverage for trading Stock CFDs is 1:10.

All new Stock CFDs (#AA..#XOM) will be priced with floating spreads of underlying assets, starting from 1 pip! New commission rate is also much more competitive than before, because there will be no more 0.15% commission charges.

Best Regards,
Admiral Markets Technical Support Team

 


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