NOMURA -Some Important Points about This Broker

General Information& Regulation

Established on May 7, 2001, Nomura Securities Co., Ltd. is a wholly-owned subsidiary of Nomura Holdings, Inc.(NHI). Nomura Securities is a financial services group and global investment bank, mainly engaged in securities business. Nomura Securities is headquartered in Tokyo, Japan, with regional headquarters in Hong Kong, London and New York. It operates through five business divisions: retail (in Japan), global markets, investment banking, merchant banking, and asset management. Nomura Securities is regulatedd by the Japan Financial Services Agency (FSA), and its regulatory certificate number is 601001007037.

Market Instruments

Nomura Securities provides investors with a series of financial instruments, including domestic stocks, foreign stocks, investment trusts, bonds, foreign exchange, insurance, etc. Nomura Securities provides a range of services through the capital markets including equities and fixed income trading, brokerage, underwriting, offering, secondary offering and private placement of securities. The investment banking arm provides corporate and leveraged financing.

Commission

The cost of domestic stock trading depends on whether the trading account of Nomura Securities is in a branch (headquarters or branch) or an online branch (Nomura Net & Call and Hottodirect). When the cash transaction fee (orders placed through online services) is 500,000 yen, the commission for the branch is 3575 yen, and the commission for the online branch is 524 yen (both including tax). Account opening fees, account management fees and online service usage fees are all free.

Tradable FX Pairs & Spreads

Users can trade a variety of major currency pairs, one transaction 10,000 currency units; for small transactions, the transaction unit is 1,000 currency units. The spread of the dollar against the yen is 1.8 points, the euro against the yen is 3.9 points, and the pound against the yen is 5.9 points. The maximum leverage is 25 times. Foreign exchange transactions are free and can be traded 24 hours a day.

Deposit & Withdrawal

For bank transfer deposits, the actual cost will be borne by Nomura Securities after confirmation of the remittance of 3,000 yen or more. Online deposit is free. Bank charges for foreign currency transfer deposits are paid by the customer. There are three ways to withdraw money: bank transfer, Nomura card or foreign currency transfer. When using the comprehensive securities service, withdrawals are free.

Accepted Countries

Nomura Securities divides its operations up into three regional areas: Americas, Asia-Pacific and Europe, Middle East & Africa (EMEA). Nomura's four business lines (global markets, investment banking, merchant banking and asset management) are coordinated globally but each European operating entity is incorporated and regulated separately.

Risk

Customers need to be alert to price fluctuation risks, credit risks and exchange rate fluctuation risks when trading stocks and bonds in order to avoid loss. In addition, due to currency exchange restrictions, bonds denominated in foreign currencies may not be converted into Japanese yen.