BT Prime Dual Liquidity on Credit

BT Prime/ Dual Liquidity on Credit

Confidential, Boston Technologies © 2012.

Trading Forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Boston Prime Limited carefully consider your financial situation and experience level. Boston Prime may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. Boston Prime assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Boston Prime is authorized and regulated in the United Kingdom by the Financial Services Authority, registration number 539846.

Offer in a NutshellFor Whom?Access to unique liquidity stream for established FX companies with Prime Broker relationship via various distribution channels: direct FIX API, Integral ECN, Currenex ECN, FX All, EBS Direct, First Derivatives and others. Our typical clients are brokerages, hedge funds, liquidity aggregators and money managers.

Benefits For YouBT Prime is an innovative prime broker that unlocks access to over half of the total liquidity available in the global FX market space and drives the execution of millions of orders worldwide on a monthly basis. You will enjoy superior execution quality, all with the best spreads from some of the world’s best FX liquidity. Boston Technologies powers the MT4 platforms for Citibank, GFT, FXCM and many more. BT Prime prices some of the largest world banks, hedge funds, retail brokers, ECNs and other venues for a monthly volume of more than $100 billion.

How Does it Work?BT Prime is a Bermuda-registered transparent prime brokerage that allows our customers to have access to the same quality of liquidity as any of the world’s largest and reputable brokerage. As an innovative liquidity connector, BT Prime partners with over 20 of the world's top-tier liquidity providers allowing access to competitive pricing via a Best Bid/Best Offer (BBO) system. We are proud to offer some of the tightest institutional spreads with deep liquidity.

Trading Forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Boston Prime Limited carefully consider your financial situation and experience level. Boston Prime may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. Boston Prime assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Boston Prime is authorized and regulated in the United Kingdom by the Financial Services Authority, registration number 539846.

About BT Prime• Assurance of working with transparent prime brokerage partner • Customer funds segregation and protection for qualifying funds

• System is hosted in NY4 in New York, LD4 in London, TY3 in Tokyo• BT’s Offices in London, Tokyo, Shanghai, Jakarta, Boston

• Three unique liquidity streams:• For retail margin FX brokers (1% margin, 46 FX pairs and metals offered,

MT4 and bridge technology included in volume fee) using margin account

• For direct connections via FIX API (customizable liquidity to match trading strategy) using margin or give-up agreement

• For ECN members on venues such as Integral, Currenex, FXAll, First Derivatives (unique pricing and deep liquidity) using margin or 4 way give-up agreement

Trading Forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Boston Prime Limited carefully consider your financial situation and experience level. Boston Prime may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. Boston Prime assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Boston Prime is authorized and regulated in the United Kingdom by the Financial Services Authority, registration number 539846.

Key Benefits (1) • In-house Developed Technology

• Cost effective • Customizable spread and stream size• No need to pay system vendor• Feature rich

• Unique liquidity (trade matching between customers) • As much as $150,000,000 per second on EURUSD Razor-tight spreads (as

low as 0, best liquidity on CHF,CAD, …) • 100:1 leverage for margin accounts• 99.995% execution ratio on market orders

• 2 different order type : market, limit FOK• price improvements• Web-based reporting and analytical tools, reporting

APIs• a total of possible 180 FX pairs • XAU and XAG (metals)• Liquidity accessible via FIX API, via major ECNs

(Integral, Currenex, FX All, Hot Spot, First Derivatives..) and MT4 platform

• Ability to cross connect in NY4 , LD4 and Tokyo’s KVH

Key Benefits (2)

Unique LiquidityThe uniqueness of our liquidity is based on our broad spectrum of clients and our ability to offer pricing that is tailored based on their trade size and trading style. We're able to price based on the risk that we're carrying, and we offer a unique price on certain pairs to our clients that isn't provided anywhere else.

• Possible to customize within a Liquidity Poolo Specify liquidity providerso Configure band size and currency pairso Timeout setting（ typically 800ms）o Quote update（ typically 5ms~)o Tolerance on slippage

• Execution Speed → ECN: 500ms, BT: 200ms

• Always negotiate better prices with LPs for market orders

• Maximum of 50,000,000 per shot(Note: Max trade size varies depending on trading timing, market condition, and currency pair traded)

• Cross-connect between NY4 and TY3 in Tokyo

Global Connectivity

Confidentiality StatementThis document is the sole intellectual property of Boston Technologies and shall remain confidential. Any and all unauthorized use, dissemination, or duplication of this document is strictly prohibited and will result in prosecution to the fullest extent of the law.

BT Prime target spreads:1. Via BT FIX API-- 0.3 -0.6 pips average spread on EURUSD&USDJPY, no commissions2. Via ECN on disclosed connection (Integral, Currenex,etc.) -- 0.3-0.6 pips average

spread on EURUSD&USDJPY, no commissions*Spreads may vary depending on the market situation.

Target Spreads

Currency Pair Target Spread (via FIX API)

EURUSD 0.3-0.6 pips

USDJPY 0.4-0.6 pips

EURJPY 1 pip

GBPUSD 0.9-1.0 pips

GBPJPY 1.8 pips

Currency Pair Target Spread (via FIX API)

AUDUSD 0.8-0.9 pips

GBPJPY 1.8 -1.9 pips

USDCAD 0.8-0.9 pips

NZDUSD 1.3 pips

AUDJPY 1.3-1.4 pips

Service SpecificationProduct Name BT Prime

Setup Fee $0

Trade Commission NO Commission

Leverage 100:1 (1%)

Initial Deposit $50,000 for Direct FIX API (USD, AUD or JPY accepted)No deposit required for trading on ECN on credit

Monthly Fees $0

Minimum Trade Size FX: 0.01 lot (1,000 units)

BT Prime Bank Account ANZ Singapore, TD Bank

Number of days to process deposit

Within 24 hours if inter-bank transfer

Stop Out Free Margin / Equity = <0%

Support 24 hours via phone, live chat and email

Trading Instruments 47 FX Pairs & 4 Metals

Liquidity Flowchart

Trading Forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Boston Prime Limited carefully consider your financial situation and experience level. Boston Prime may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. Boston Prime assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Boston Prime is authorized and regulated in the United Kingdom by the Financial Services Authority, registration number 539846.

• BT’s- Berdmuda registered Prime Broker• Institutional-class liquidity, aggregating

nine top-tier liquidity providers • Razor-tight spreads

• Competitive pricing via Best Bid Best Offer (BBO)

• Multiple liquidity channels: FIX API , major ECNs• FX pairs, metals• 99.995% execution ratio, limited slippage

BT Prime’s Top 10 Currency Pairs

EURUSD EURCHFEURJPYUSDJPYGBPUSDUSDCHFEURCADGBPCADAUDUSDGBPCHFEURGBP

Trading Forex/CFD’s on margin carries a high level of risk, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Boston Prime Limited carefully consider your financial situation and experience level. Boston Prime may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. Boston Prime assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Boston Prime is authorized and regulated in the United Kingdom by the Financial Services Authority, registration number 539846.

EURUSD

EURCHF

EURJPY

USDJPY

GBPUSD

USDCHF

EURCAD

GBPCAD

AUDUSD

GBPCHF

EURGBP

Asset Management Companies

95%

FX Brokers5%

Client Types: Japan

Asset Management Companies

32%

FX Brokers51%

ProfessionalTraders17%

Global Client Types

Japan ： July Notional Vol. by Clients

~FX Brokers~

Asset Management Company

FX Brokers Partners Professional Traders

020406080

100120140160180

Japan

Others

Network of our Clients and Partners

Typical Next StepsDisclosed connection , via Credit on ECN

Legal1. To get started, legal arrangement needs to be put in place:- BT Prime and Client need to contact their PB to request up a 4-way give-up agreement between Client, Client’s PB, BT Prime and BT Prime’s Prime Broker

Onboarding (upon completion of Step 1)2. Taking Liquidity from BT PrimeTo get onboarded with BT Prime pricing via ECN in a fully disclosed trading relationship, the following steps are required: (a) Client to client send an email to onboarding team at ECN (CC BT Prime) to request that ECN light up BT Prime as a Liquidity Provider. (b) BT to make an introduction between the Client and BT Prime Prime Broker via email to make sure step 2 happens.ECN works with both PBs on the Traiaina mapping (doesn't involve either firm).3. Making Liquidity to BT Prime Once 1 and 2steps happen, we are ready to price.Client needs to request their account representative at ECN to provide BT Prime with Client’s CompIDs

Contact us!

Your contact Info

Boston (Headquarters)280 Summer Street, 9th FloorBoston, MA 02210, USA

TokyoYaesu Sakai Building 8F1-4-6 Yaesu, Chuo-ku Tokyo 103-0028 Japan

London1 Ropemaker StreetCitypoint Suite 1248London EC2Y 9HT

Shanghai1110, United Plaza,1468 West Nanjing Road, JingAn Districe,Shanghai 200040Tel: 021-624-9009