Exchange Trading Options

Exchange Trading Options SCHEDULE TO PRODUCT DISCLOSURE STATEMENT SCHEDULE DATED 26 MAY 2015 RELATING TO THE PRODUCT DISCLOSURE STATEMENT DATED 26 M...
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Exchange Trading Options

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT

SCHEDULE DATED 26 MAY 2015 RELATING TO THE PRODUCT DISCLOSURE STATEMENT DATED 26 MAY 2015 FOR CONTRACTS FOR DIFFERENCE ISSUED BY HALIFAX NEW ZEALAND LIMITED



HALIFAX NZ Schedule to Product Disclosure Statement 1

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 ANNEXURE A: List of markets and exchanges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 ANNEXURE B: List of market indices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 ANNEXURE C: Default liquidation thresholds for trading platforms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 ANNEXURE D: Commision levels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Exchange Trading Options

ANNEXURE E: Fee schedule in respect of financing charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8

2 HALIFAX NZ Schedule to Product Disclosure Statement

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT 1. Introduction This is a Schedule to the product disclosure statement (PDS) dated 26 May 2015 for exchange traded option (ETO) contracts issued by Halifax New Zealand Limited (Halifax). It is incorporated by reference into the PDS and is subject to the terms of the Client Service Agreement. Capitalised terms used in this Schedule have the meaning given to them in the PDS. When we use the terms ‘Halifax’, ‘we’, ‘our’ or ‘us’ in this Schedule, the reference is to Halifax. When we use the term ‘you’ we mean you as the applicant for, or holder of, the ETOs described in the PDS and this Schedule. When we refer to ‘client’ we mean you, or another applicant for, or holder of, the ETOs described in the PDS and this Schedule.

Exchange Trading Options

To the extent permitted by law, neither Halifax nor its affiliates accepts any responsibility for errors or misstatements, negligent or otherwise, nor for any direct, indirect, consequential or other loss arising from any use of this document and/or further communication in relation to it.



HALIFAX NZ Schedule to Product Disclosure Statement 3

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT ANNEXURE A:

Exchange

Website

Australian Securities Exchange

www.asx.com.au

Athens Exchange

www.ase.gr

NYSE Euronext Brussels

www.beurs.be

Budapest Stock Exchange

www.bse.hu

NASDAQ OMX Copenhagen

www.nasdaqomxnordic.com

Deutsche Borse (Frankfurt Floor)

www.boerse-frankfurt.de

Deutsche Borse (XETRA)

www.xetra.com

Hong Kong Exchange

www.hkex.com.hk

NASDAQ OMX Helsinki

www.nasdaqomxnordic.com

NYSE Euronext Lisbon

www.euronext.com

London Stock Exchange

www.londonstockexchange.com

Borsa Italiana/Milan Stock Exchange

www.borsaitaliana.it

NASDAQ

www.nasdaq.com

NASDAQ (Small Cap)

www.nasdaq.com

New York Stock Exchange

www.nyse.com

New York Stock Exchange (ARCA)

www.nyse.com

Oslo Stock Exchange

www.oslobors.no

NYSE Euronext Paris

www.euronext.com

Prague Stock Exchange

www.pse.cz

Singapore Exchange

www.sgx.com

BME Spanish Exchanges

www.bolsamadrid.es

NASDAQ OMX Stockholm

www.nasdaqomxnordic.com

Toronto Stock Exchange

www.tmx.com

TSX Venture Exchange

www.tmx.com

Tokyo Stock Exchange

www.jpx.co.jp

Vienna Stock Exchange

en.wienerborse.at

Warsaw Stock Exchange

www.gpw.pl

4 HALIFAX NZ Schedule to Product Disclosure Statement

Exchange Trading Options

LIST OF MARKETS AND EXCHANGES

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT ANNEXURE B: LIST OF MARKET INDICES Australia 200 Belgium 20 Denmark 20 Germany 30 Germany Mid-Cap 50 Germany Tech 30 Hong Kong Index UK 100 UK 250

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Italy 40 Netherlands 25 US Tech 100 NAS Dow Jones US 30 Wall Street Norway 25 France 40 EU Stocks 50 Spain 35 Sweden 30 Switzerland 20 Japan 225



HALIFAX NZ Schedule to Product Disclosure Statement 5

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT ANNEXURE C: DEFAULT LIQUIDATION THRESHOLDS FOR TRADING PLATFORMS DEFAULT LIQUIDATION THRESHOLD

Halifaxonline

150%

Trader Workstation

100%

Meta Trader 4

100%

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TRADING PLATFORM

6 HALIFAX NZ Schedule to Product Disclosure Statement

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT ANNEXURE D: COMMISION LEVELS

Exchange Trading Options

Halifaxonline Option

Commission (per lot)

Minimum Commission (per lot)

Maximum Commission (per lot)

AUD

AUD 8

AUD 6

AUD 55

CAD

CAD 6

CAD 5

CAD 55

EUR

EUR 6

EUR 5

EUR 55

GBP

GBP 11

GBP 5

GBP 55

HKD

HKD 55

HKD 30

HKD 500

JPY

JPY 1050

JPY 750

JPY 5000

SEK

SEK 75

SEK 10

SEK 350

USD

USD 6

USD 5

USD 55

Trader Work Station



Option

Commission (per lot)

Minimum Commission (per lot)

Maximum Commission (per lot)

AUD

AUD 9

AUD 6

AUD 55

CAD

CAD 8

CAD 5

CAD 55

CHF

CHF 8

CHF 5

CHF 60

EUR

EUR 6

EUR 3

EUR 55

GBP

GBP 5

GBP 3

GBP 55

HKD

HKD 100

HKD 50

HKD 500

JPY

JPY 1000

JPY 750

JPY 5000

KRW

KRW 4500

KRW 2500

KRW 7500

SGD

SGD 8

SGD 6

SGD 60

USD

USD 5

USD 2

USD 25

HALIFAX NZ Schedule to Product Disclosure Statement 7

SCHEDULE TO PRODUCT DISCLOSURE STATEMENT ANNEXURE E: Platform

Interest

Conversion Cost

Halifaxonline

Unless otherwise negotiated with Halifax, there is no interest applied on a Trading Account with positive Net Free Equity.

Trading in a product denominated in a currency other than your Trading Account Currency will incur a FX conversion.

If a Trading Account has negative Net Free Equity, Halifax will charge interest on the Trading Account at the daily underlying LIBOR ask rate plus 7.00% of the Trading Account Currency (for example, if your Trading Account is held NZD, and the NZD LIBOR is 4.00% per annum, you will be charged interest at a rate of 11.00% per annum). This example is provided for illustrative purposes only.

The conversion rate used to convert a product denominated in a currency other than your Trading Account Currency is the rate of the specific currency at the time of the trade plus or minus 75 pips as offered by Saxo to us in respect of the Hedge Transaction. This will be applied on a per Transaction basis. For example, if your Trading Account Currency is NZD, and you are trading a USD denominated product, then the rate used to convert into USD would be the relevant Saxo NZD/USD rate as at the time of the trade plus or minus 75 pips. This example is provided for illustrative purposes only.

Interest is accrued on a daily basis and applied monthly to your Trading Account on the first business day of the following month. No interest is paid or received if you open and Close Out a position on the same day.

Trader Work Station

The rate of the conversion can be found in the section “Trades Executed” under the “Reports” section of your Halifaxonline account.

Unless otherwise negotiated with Halifax, there is no interest applied on Trading Account with positive Net Free Equity.

Trading in a product denominated in a currency other than your Trading Account Currency will incur an FX conversion.

Interactive Brokers allows multiple currencies to be held at any one time and if a particular currency contains a negative Net Free Equity, Halifax will charge interest on that account at the relevant interest rate supplied through Interactive Brokers (shown at https:// www.interactivebrokers.com/en/index. php?f=interest&p=schedule2) plus 1.00% of the underlying base currency dependent on the balance tier (for example, if your Trading Account held NZD 50,000, and the benchmark interest rate is 4.00% per annum, you will be charged interest at a rate of 5.00% per annum). This example is provided for illustrative purposes only.

The conversion rate used to convert a product denominated in a currency other than your Trading Account Currency is the rate of the specific currency at the time of the trade, or at a time specified by the client or Halifax with the client’s permission. For example, if your Trading Account Currency is NZD, and you are trading a USD denominated product, then the rate used to convert into USD (assuming you have no USD in your Trading Account) would be the NZD/USD rate as offered by Interactive Brokers to us in respect of the Hedge Transaction at the time of the trade if the trade was to open a position. This example is provided for illustrative purposes only.

Interest is accrued on a daily basis and applied to your Trading Account monthly on the third business day of the following month.

8 HALIFAX NZ Schedule to Product Disclosure Statement

If the trade was to Close Out the position, or if your Trading Account has a currency other than the Trading Account Currency, the time to convert those amounts may be at the discretion of the client, or at the discretion of Halifax with the permission of the client.

Exchange Trading Options

FEE SCHEDULE IN RESPECT OF FINANCING CHARGES

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