Foreign Exchange Margin Trading Service

Helps You Monitor the Market Situation Closely and Capitalise on Every Opportunity for Maximising Your Return

Searching for Investment Opportunities in the Ever-Changing Foreign Exchange Market

Foreign exchange trading opportunities are generally quite limited, as conventional services only allow investors to buy.

Now, BEA's Foreign Exchange Margin Trading ("FEMT") service offers you special advantages when investing in foreign currencies to help you capture investment opportunities.

Our FEMT service is a convenient solution for your leveraged foreign exchange investment needs.  Our highly professional and seasoned investment experts are ready to serve you and help you invest in the foreign exchange market, so you can make the most of investment opportunities.  With a margin deposit of as little as 6% of the contract size, you can conduct foreign exchange transactions in one of the most liquid and efficient markets in the world.

Advantages

FEMT service offers:

	Leveraged trading - 12.5 times or 16.6 times the value of your margin deposit.
	Extended trading hours:
	Monday to Friday (HK time) New York summer      New York winter 7:00 a.m. - 3:00 a.m.   7:00 a.m. - 3:30 a.m. Public holidays Please contact the FX Margin Hotline on (852) 2211 1633 or BEA Website at  www.hkbea.com for details.
	Three types of conditional limit orders to choose from:
	Today's orders "Good till Friday" orders* "Good till Cancel" orders*
	* 24-hour order monitoring is available.
	You can also selectively square your position besides using the "first-in first-out" set-off.
	Cyberbanking services for customers:
	Enquire about margin balances, position status, interest rates, FX order status and     more. Place margin deposits with the fund transfer function in your FEMT account. Access to daily, weekly, and monthly FX Market Commentary on the web.
	There are no commission charges on transactions.
	Enjoy privacy and complete confidentiality when you enter your account details and PIN when making transactions by telephone.
	Detailed confirmations and statements are provided for reconciliation.
	Enjoy a wide selection of currencies from which to choose for margin deposits and earn interest on your margin deposits.
	Interbank spot market rates are used as reference to quote on all transactions.

Extensive Currency Choices and Cross-Currency Combinations

With your FEMT account, you can trade in various currencies:

7 Currencies against USD

Currency	Contract Size Per Deal
Pound Sterling	GBP 31,250
Euro	EUR 50,000
Australian Dollar	AUD 50,000
New Zealand Dollar	NZD 50,000
Canadian Dollar	CAD 50,000
Swiss Franc	CHF 62,500
Japanese Yen	JPY 6,250,000

11 Cross-currency Pairs

Cross-currency	Contract Size Per Deal
EUR/JPY	EUR 50,000
EUR/CHF	EUR 50,000
EUR/GBP	EUR 50,000
GBP/JPY	GBP 31,250
AUD/JPY	AUD 50,000
AUD/NZD	AUD 50,000
NZD/JPY	NZD 50,000
CHF/JPY	CHF 62,500
CAD/JPY	CAD 50,000
AUD/CAD	AUD 50,000
NZD/CAD	NZD 50,000

Account Operation

Anyone aged 18 years or above can open an FEMT account at BEA with a deposit of US$5,000 or its equivalent.

Spot Foreign Exchange Contracts can then be bought / sold.  No physical movements of funds actually take place during margin trading.  When closing your foreign exchange position, the net balance representing your profit or loss is simply credited or charged to your account.

Enquiries

For details, please visit your nearest BEA location. With over 130 branches and SupremeGold Centres, BEA operates one of the largest banking networks in Hong Kong. 
FX Margin Hotline : (852) 2211 1633
Website: www.hkbea.com

Remarks

	Participants should be aware of the risks associated with adverse movements in exchange rates.  It is therefore advisable that participants have a good understanding of the foreign exchange market and be able to keep abreast of market developments.  The Bank of East Asia, Limited ("BEA") reserves the right to close a position in case of inadequate margin deposit.
	When the margin deposit has dropped to 5% of the outstanding position, customers are required to top up the deposits.  BEA is not responsible for notifying customers.  When a margin deposit has dropped to 3% of the outstanding position, BEA can reduce the gross open position in whole or in part by closing out the outstanding FX contracts in accordance with the size of the floating loss of the FX contracts in descending order, with the largest loss being the first.
	Cancellation or amendment of orders and all dealing activities should be conducted through the designated hotline.  BEA is not responsible for adjusting a customer's order against his transaction.

Note:	This pamphlet is for general information only and is intended only for distribution to selected BEA customers.  It does not constitute an offer, or an invitation to offer, or a recommendation to enter into any transaction.

BEA reserves the right to revise the features of the product at any time without prior notice.

FX Margin Hotline: (852) 2211 1633