Margini sulle Azioni | ActivTrades

ActivTrader
MetaTrader

Si prega di consultare in basso le leve massime per i clienti al dettaglio secondo la normativa ESMA

Azioni & ETF

Leva Massima 1:5

Margine 20%

Livello di Close-out 50%

Si prega di consultare in basso le leve massime per i clienti Professionali

Amsterdam

Simbolo	Shares	Margin according to position (lots)
AGN.NE	AEGONadh	0-9,100 Lotti	9,100-90,800 Lotti	90,800-181,600 Lotti	>181,600 Lotti
AGN.NE	AEGONadh	2%	5%	15%	20%
AD.NE	AHOLD	0-2,400 Lotti	2,400-23,900 Lotti	23,900-47,700 Lotti	>47,700 Lotti
AD.NE	AHOLD	2%	5%	15%	20%
AKZA.NE	Akzo Nobel NVhd	0-600 Lotti	600-6,100 Lotti	6,100-12,300 Lotti	>12,300 Lotti
AKZA.NE	Akzo Nobel NVhd	2%	5%	15%	20%
ASML.NE	ASML HOLD	0-300 Lotti	300-2,700 Lotti	2,700-5,500 Lotti	>5,500 Lotti
ASML.NE	ASML HOLD	2%	5%	15%	20%
BOKA.NE	BOSKALIS WESTMIN	0-1,900 Lotti	1,900-18,600 Lotti	18,600-37,200 Lotti	>37,200 Lotti
BOKA.NE	BOSKALIS WESTMIN	2%	5%	15%	20%
DSM.NE	DSM	0-500 Lotti	500-5,500 Lotti	5,500-10,900 Lotti	>10,900 Lotti
DSM.NE	DSM	2%	5%	15%	20%
FUR.NE	FUGRO	0-4,100 Lotti	4,100-41,200 Lotti	41,200-82,400 Lotti	>82,400 Lotti
FUR.NE	FUGRO	2%	5%	15%	20%
GTO.NE	GEMALTO	0-1,000 Lotti	1,000-10,100 Lotti	10,100-20,100 Lotti	>20,100 Lotti
GTO.NE	GEMALTO	5%	10%	20%	25%
HEIA.NE	HEINEKEN	0-600 Lotti	600-5,700 Lotti	5,700-11,400 Lotti	>11,400 Lotti
HEIA.NE	HEINEKEN	2%	5%	15%	20%
INGA.NE	ING GROEP	0-3,900 Lotti	3,900-39,500 Lotti	39,500-79,000 Lotti	>79,000 Lotti
INGA.NE	ING GROEP	2%	5%	15%	20%
KPN.NE	KONINKLIJKE KPN NV	0-20,700 Lotti	20,700-206,800 Lotti	206,800-413,600 Lotti	>413,600 Lotti
KPN.NE	KONINKLIJKE KPN NV	2%	5%	15%	20%
MT.NE	ArcelorMittal REG	0-1,800 Lotti	1,800-18,200 Lotti	18,200-36,400 Lotti	>36,400 Lotti
MT.NE	ArcelorMittal REG	2%	5%	15%	20%
OCI.NE	Oci NV	0-1,900 Lotti	1,900-18,700 Lotti	18,700-37,400 Lotti	>37,400 Lotti
OCI.NE	Oci NV	2%	5%	15%	20%
PHIA.NE	ROY.PHILIPS ELECTR	0-1,300 Lotti	1,300-13,100 Lotti	13,100-26,300 Lotti	>26,300 Lotti
PHIA.NE	ROY.PHILIPS ELECTR	2%	5%	15%	20%
RAND.NE	RANDSTAD HOLDING	0-900 Lotti	900-9,300 Lotti	9,300-18,600 Lotti	>18,600 Lotti
RAND.NE	RANDSTAD HOLDING	2%	5%	15%	20%
RDSA.NE	ROYAL DUTCH SHELL-A	0-1,800 Lotti	1,800-17,500 Lotti	17,500-35,000 Lotti	>35,000 Lotti
RDSA.NE	ROYAL DUTCH SHELL-A	2%	5%	15%	20%
SBMO.NE	SBM OFFSHORE	0-3,700 Lotti	3,700-36,600 Lotti	36,600-73,300 Lotti	>73,300 Lotti
SBMO.NE	SBM OFFSHORE	2%	5%	15%	20%
UNA.NE	UNILEVER CERT	0-1,000 Lotti	1,000-10,100 Lotti	10,100-20,100 Lotti	>20,100 Lotti
UNA.NE	UNILEVER CERT	2%	5%	15%	20%
WKL.NE	WOLTERS KLUWER	0-900 Lotti	900-9,100 Lotti	9,100-18,200 Lotti	>18,200 Lotti
WKL.NE	WOLTERS KLUWER	2%	5%	15%	20%

Bogota

Simbolo	Shares	Margin according to position (lots)
AVAL.US	Grupo Aval Acciones Y Valores S.A. (AVAL)	0-7,800 Lotti	7,800-78,400 Lotti	>78,400 Lotti
AVAL.US	Grupo Aval Acciones Y Valores S.A. (AVAL)	10%	20%	25%
CIB.US	BANCOLOMBIA SA	0-1,300 Lotti	1,300-13,100 Lotti	>13,100 Lotti
CIB.US	BANCOLOMBIA SA	10%	20%	25%
EC.US	ECOPETROL SA	0-2,900 Lotti	2,900-29,000 Lotti	>29,000 Lotti
EC.US	ECOPETROL SA	10%	20%	25%

Brussels

Simbolo	Shares	Margin according to position (lots)
ABI.BE	Anheuser-Busch InBev	0-600 Lotti	600-5,800 Lotti	5,800-11,600 Lotti	>11,600 Lotti
ABI.BE	Anheuser-Busch InBev	2%	5%	15%	20%
ACKB.BE	Ackermans & van Haaren NV	0-300 Lotti	300-3,200 Lotti	>3,200 Lotti
ACKB.BE	Ackermans & van Haaren NV	10%	20%	25%
AGS.BE	Ageas SA	0-1,100 Lotti	1,100-11,000 Lotti	11,000-21,900 Lotti	>21,900 Lotti
AGS.BE	Ageas SA	2%	5%	15%	20%
BEFB.BE	Befimmo-Sicafi	0-1,000 Lotti	1,000-9,900 Lotti	>9,900 Lotti
BEFB.BE	Befimmo-Sicafi	10%	20%	25%
BEKB.BE	Bekaert	0-2,200 Lotti	2,200-22,000 Lotti	22,000-44,100 Lotti	>44,100 Lotti
BEKB.BE	Bekaert	5%	10%	20%	25%
BPOST.BE	BPOST NV	0-3,500 Lotti	3,500-35,000 Lotti	35,000-69,900 Lotti	>69,900 Lotti
BPOST.BE	BPOST NV	2%	5%	15%	20%
COLR.BE	Colruyt	0-1,000 Lotti	1,000-9,700 Lotti	9,700-19,300 Lotti	>19,300 Lotti
COLR.BE	Colruyt	5%	10%	20%	25%
COFB.BE	COFINIMMO	0-400 Lotti	400-4,500 Lotti	4,500-9,000 Lotti	>9,000 Lotti
COFB.BE	COFINIMMO	5%	10%	20%	25%
DIE.BE	D’Ieteren SA	0-1,300 Lotti	1,300-13,400 Lotti	>13,400 Lotti
DIE.BE	D’Ieteren SA	10%	20%	25%
ELI.BE	ELIA	0-900 Lotti	900-9,500 Lotti	>9,500 Lotti
ELI.BE	ELIA	10%	20%	25%
GBLB.BE	Groupe Bruxelles Lambert SA	0-600 Lotti	600-5,500 Lotti	5,500-11,000 Lotti	>11,000 Lotti
GBLB.BE	Groupe Bruxelles Lambert SA	5%	10%	20%	25%
KBC.BE	KBC Group	0-800 Lotti	800-7,600 Lotti	7,600-15,200 Lotti	>15,200 Lotti
KBC.BE	KBC Group	2%	5%	15%	20%
SOLB.BE	Solvay	0-400 Lotti	400-4,300 Lotti	4,300-8,600 Lotti	>8,600 Lotti
SOLB.BE	Solvay	2%	5%	15%	20%
TNET.BE	Telenet Group	0-1,100 Lotti	1,100-11,200 Lotti	11,200-22,300 Lotti	>22,300 Lotti
TNET.BE	Telenet Group	2%	5%	15%	20%
UCB.BE	UCB SA	0-700 Lotti	700-6,500 Lotti	6,500-13,100 Lotti	>13,100 Lotti
UCB.BE	UCB SA	5%	10%	20%	25%
UMI.BE	Umicore SA	0-1,000 Lotti	1,000-10,100 Lotti	10,100-20,200 Lotti	>20,200 Lotti
UMI.BE	Umicore SA	2%	5%	15%	20%
WDP.BE	Warehouse De Pauw SCA	0-350 Lotti	350-3,500 Lotti	3,500-7,000 Lotti	>7,000 Lotti
WDP.BE	Warehouse De Pauw SCA	10%	20%	25%	25%

Buenos Aires ADRs

Simbolo	Shares	Margin according to position (lots)
BFR.US	BBVA Banco Frances	0-4,900 Lotti	4,900-49,200 Lotti	>49,200 Lotti
BFR.US	BBVA Banco Frances	15%	20%	25%
CRESY.US	Cresud	0-3,900 Lotti	3,900-38,600 Lotti	>38,600 Lotti
CRESY.US	Cresud	15%	20%	25%
GGAL.US	Grupo Financiero Galicia	0-1,800 Lotti	1,800-17,700 Lotti	>17,700 Lotti
GGAL.US	Grupo Financiero Galicia	15%	20%	25%
PAM.US	Pampa Energia	0-1,600 Lotti	1,600-16,200 Lotti	>16,200 Lotti
PAM.US	Pampa Energia	15%	20%	25%
TEO.US	Telecom Argentina	0-3,300 Lotti	3,300-32,900 Lotti	>32,900 Lotti
TEO.US	Telecom Argentina	15%	20%	25%
TGS.US	Transportadora de Gas del Sur	0-4,000 Lotti	4,000-40,000 Lotti	>40,000 Lotti
TGS.US	Transportadora de Gas del Sur	15%	20%	25%
TS.US	Tenaris	0-1,700 Lotti	1,700-17,200 Lotti	>17,200 Lotti
TS.US	Tenaris	10%	20%	25%
TX.US	Ternium	0-1,900 Lotti	1,900-18,600 Lotti	>18,600 Lotti
TX.US	Ternium	15%	20%	25%
YPF.US	YPF	0-3,900 Lotti	3,900-39,100 Lotti	39,100-78,100 Lotti	>78,100 Lotti
YPF.US	YPF	5%	10%	20%	25%

Frankfurt

Simbolo	Shares	Margin according to position (lots)
ADS.GE	Adidas AG	0-200 Lotti	200-2,400 Lotti	2,400-4,800 Lotti	>4,800 Lotti
ADS.GE	Adidas AG	2%	5%	15%	20%
AFX.GE	Carl Zeiss Meditec AG CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
AFX.GE	Carl Zeiss Meditec AG CFD	10%	20%	25%
AIR.GE	Airbus SE CFD	0-400 Lotti	400-4,000 Lotti	>4,000 Lotti
AIR.GE	Airbus SE CFD	10%	20%	25%
ALV.GE	Allianz SE	0-300 Lotti	300-2,600 Lotti	2,600-5,300 Lotti	>5,300 Lotti
ALV.GE	Allianz SE	2%	5%	15%	20%
AOX.GE	alstria office REIT-AG CFD	0-3,500 Lotti	3,500-35,000 Lotti	>35,000 Lotti
AOX.GE	alstria office REIT-AG CFD	10%	20%	25%
ARL.GE	Aareal Bank AG CFD	0-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
ARL.GE	Aareal Bank AG CFD	10%	20%	25%
AT1.GE	Aroundtown SA CFD	0-6,600 Lotti	6,600-66,000 Lotti	>60,000 Lotti
AT1.GE	Aroundtown SA CFD	15%	20%	25%
B4B.GE	Metro AG CFD	0-3,400 Lotti	3,400-34,000 Lotti	>34,000 Lotti
B4B.GE	Metro AG CFD	10%	20%	25%
BAS.GE	BASF SE	0-600 Lotti	600-6,200 Lotti	6,200-12,400 Lotti	>12,400 Lotti
BAS.GE	BASF SE	2%	5%	15%	20%
BAYN.GE	Bayer AG	0-500 Lotti	500-5,200 Lotti	5,200-10,500 Lotti	>10,500 Lotti
BAYN.GE	Bayer AG	2%	5%	15%	20%
BC8.GE	Bechtle AG CFD	0-500 Lotti	500-5,000 Lotti	>5,000 Lotti
BC8.GE	Bechtle AG CFD	10%	20%	25%
BEI.GE	Beiersdorf AG	0-500 Lotti	500-5,100 Lotti	5,100-10,200 Lotti	>10,200 Lotti
BEI.GE	Beiersdorf AG	2%	5%	15%	20%
BMW.GE	Bayerische Motoren Werke AG	0-600 Lotti	600-5,900 Lotti	5,900-11,800 Lotti	>11,800 Lotti
BMW.GE	Bayerische Motoren Werke AG	2%	5%	15%	20%
BNR.GE	Brenntag AG CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
BNR.GE	Brenntag AG CFD	10%	20%	25%
BOSS.GE	HUGO BOSS AG CFD	0-1,000 Lotti	1,000-10,000 Lotti	>10,000 Lotti
BOSS.GE	HUGO BOSS AG CFD	10%	20%	25%
CBK.GE	Commerzbank AG	0-5,700 Lotti	5,700-57,100 Lotti	57,100-114,300 Lotti	>114,300 Lotti
CBK.GE	Commerzbank AG	5%	10%	20%	25%
CON.GE	Continental AG	0-300 Lotti	300-2,600 Lotti	2,600-5,300 Lotti	>5,300 Lotti
CON.GE	Continental AG	2%	5%	15%	20%
DAI.GE	Daimler AG	0-800 Lotti	800-8,500 Lotti	8,500-16,900 Lotti	>16,900 Lotti
DAI.GE	Daimler AG	2%	5%	15%	20%
DBK.GE	Deutsche Bank AG	0-4,700 Lotti	4,700-46,600 Lotti	46,600-93,300 Lotti	>93,300 Lotti
DBK.GE	Deutsche Bank AG	5%	10%	20%	25%
DB1.GE	Deutsche Boerse AG	0-400 Lotti	400-4,400 Lotti	4,400-8,900 Lotti	>8,900 Lotti
DB1.GE	Deutsche Boerse AG	2%	5%	15%	20%
DEQ.GE	Deutsche EuroShop AG CFD	0-1,850 Lotti	1,850-18,500 Lotti	>18,500 Lotti
DEQ.GE	Deutsche EuroShop AG CFD	10%	20%	25%
DHER.GE	Delivery Hero SE CFD	0-1,400 Lotti	1,400-14,000 Lotti	>14,000 Lotti
DHER.GE	Delivery Hero SE CFD	10%	20%	25%
DLG.GE	Dialog Semiconductor PLC CFD	0-1,700 Lotti	1,700-17,000 Lotti	>17,000 Lotti
DLG.GE	Dialog Semiconductor PLC CFD	10%	20%	25%
DPW.GE	Deutsche Post AG	0-1,600 Lotti	1,600-16,000 Lotti	16,000-31,900 Lotti	>31,900 Lotti
DPW.GE	Deutsche Post AG	2%	5%	15%	20%
DRI.GE	1&1 Drillisch AG CFD	0-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
DRI.GE	1&1 Drillisch AG CFD	10%	20%	25%
DTE.GE	Deutsche Telekom AG	0-3,500 Lotti	3,500-35,000 Lotti	35,000-70,100 Lotti	>70,100 Lotti
DTE.GE	Deutsche Telekom AG	2%	5%	15%	20%
DUE.GE	Duerr AG CFD	0-1,600 Lotti	1,600-16,000 Lotti	>16,000 Lotti
DUE.GE	Duerr AG CFD	10%	20%	25%
DWNI.GE	Deutsche Wohnen SE CFD	0-1,400 Lotti	1,400-14,000 Lotti	>14,000 Lotti
DWNI.GE	Deutsche Wohnen SE CFD	10%	20%	25%
EOAN.GE	E.ON SE	0-5,300 Lotti	5,300-53,100 Lotti	53,100-106,100 Lotti	>106,100 Lotti
EOAN.GE	E.ON SE	5%	10%	20%	25%
EVK.GE	Evonik Industries AG CFD	0-2,100 Lotti	2,100-21,000 Lotti	>21,000 Lotti
EVK.GE	Evonik Industries AG CFD	10%	20%	25%
EVT.GE	Evotec SE CFD	0-2,400 Lotti	2,400-24,000 Lotti	>24,000 Lotti
EVT.GE	Evotec SE CFD	10%	20%	25%
FIE.GE	Fielmann AG CFD	0-900 Lotti	900-9,000 Lotti	>9,000 Lotti
FIE.GE	Fielmann AG CFD	10%	20%	25%
FME.GE	Fresenius Medical Care AG & Co KGaA	0-600 Lotti	600-5,900 Lotti	5,900-11,900 Lotti	>11,900 Lotti
FME.GE	Fresenius Medical Care AG & Co KGaA	2%	5%	15%	20%
FNTN.GE	Freenet AG CFD	0-3,000 Lotti	3,000-30,000 Lotti	>30,000 Lotti
FNTN.GE	Freenet AG CFD	10%	20%	25%
FPE3.GE	Fuchs Petrolub SE CFD	0-1,400 Lotti	1,400-14,000 Lotti	>14,000 Lotti
FPE3.GE	Fuchs Petrolub SE CFD	10%	20%	25%
FRA.GE	Fraport AG CFD	0-700 Lotti	700-7,000 Lotti	>7,000 Lotti
FRA.GE	Fraport AG CFD	10%	20%	25%
FRE.GE	Fresenius SE & Co KGaA	0-800 Lotti	800-7,600 Lotti	7,600-15,100 Lotti	>15,100 Lotti
FRE.GE	Fresenius SE & Co KGaA	2%	5%	15%	20%
G1A.GE	GEA Group AG CFD	0-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
G1A.GE	GEA Group AG CFD	10%	20%	25%
G24.GE	Scout24 AG CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
G24.GE	Scout24 AG CFD	10%	20%	25%
GXI.GE	Gerresheimer AG CFD	0-900 Lotti	900-9,000 Lotti	>9,000 Lotti
GXI.GE	Gerresheimer AG CFD	10%	20%	25%
GYC.GE	Grand City Properties SA CFD	0-2,400 Lotti	2,400-24,000 Lotti	>24,000 Lotti
GYC.GE	Grand City Properties SA CFD	10%	20%	25%
HEI.GE	HeidelbergCement AG	0-700 Lotti	700-7,000 Lotti	7,000-14,000 Lotti	>14,000 Lotti
HEI.GE	HeidelbergCement AG	2%	5%	15%	20%
HEN3.GE	Henkel AG & Co KGaA	0-500 Lotti	500-4,500 Lotti	4,500-9,000 Lotti	>9,000 Lotti
HEN3.GE	Henkel AG & Co KGaA	2%	5%	15%	20%
HLE.GE	Hella GmbH & Co KGaA CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
HLE.GE	Hella GmbH & Co KGaA CFD	10%	20%	25%
HNR1.GE	Hannover Rueck SE CFD	0-370 Lotti	370-3,700 Lotti	>3,700 Lotti
HNR1.GE	Hannover Rueck SE CFD	10%	20%	25%
HOT.GE	HOCHTIEF AG CFD	0-500 Lotti	500-5,000 Lotti	>5,000 Lotti
HOT.GE	HOCHTIEF AG CFD	10%	20%	25%
IFX.GE	Infineon Technologies AG	0-2,200 Lotti	2,200-22,200 Lotti	22,200-44,400 Lotti	>44,400 Lotti
IFX.GE	Infineon Technologies AG	2%	5%	15%	20%
IGY.GE	Innogy SE CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
IGY.GE	Innogy SE CFD	10%	20%	25%
KBX.GE	Knorr-Bremse AG CFD	0-500 Lotti	500-5,000 Lotti	>5,000 Lotti
KBX.GE	Knorr-Bremse AG CFD	15%	20%	25%
KGX.GE	KION Group AG CFD	0-1,000 Lotti	1,000-10,000 Lotti	>10,000 Lotti
KGX.GE	KION Group AG CFD	10%	20%	25%
LEG.GE	LEG Immobilien AG CFD	0-500 Lotti	500-5,000 Lotti	>5,000 Lotti
LEG.GE	LEG Immobilien AG CFD	10%	20%	25%
LHA.GE	Deutsche Lufthansa AG	0-2,200 Lotti	2,200-21,600 Lotti	21,600-43,300 Lotti	>43,300 Lotti
LHA.GE	Deutsche Lufthansa AG	2%	5%	15%	20%
LXS.GE	LANXESS AG	0-700 Lotti	700-7,100 Lotti	7,100-14,100 Lotti	>14,100 Lotti
LXS.GE	LANXESS AG	2%	5%	15%	20%
LIN.GE	Linde AG	0-300 Lotti	300-2,900 Lotti	2,900-5,700 Lotti	>5,700 Lotti
LIN.GE	Linde AG	2%	5%	15%	20%
MOR.GE	MorphoSys AG CFD	0-600 Lotti	600-6,000 Lotti	>6,000 Lotti
MOR.GE	MorphoSys AG CFD	10%	20%	25%
MRK.GE	Merck KGaA	0-600 Lotti	600-5,500 Lotti	5,500-11,000 Lotti	>11,000 Lotti
MRK.GE	Merck KGaA	2%	5%	15%	20%
MTX.GE	MTU Aero Engines AG CFD	0-500 Lotti	500-5,000 Lotti	>5,000 Lotti
MTX.GE	MTU Aero Engines AG CFD	10%	20%	25%
MUV2.GE	Muenchener Rueckversicherungs AG	0-300 Lotti	300-2,700 Lotti	2,700-5,500 Lotti	>5,500 Lotti
MUV2.GE	Muenchener Rueckversicherungs AG	2%	5%	15%	20%
NDA.GE	Aurubis AG CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
NDA.GE	Aurubis AG CFD	10%	20%	25%
NEM.GE	Nemetschek SE CFD	0-370 Lotti	370-3,700 Lotti	>3,700 Lotti
NEM.GE	Nemetschek SE CFD	10%	20%	25%
NOEJ.GE	Norma Group SE CFD	0-1,400 Lotti	1,400-14,000 Lotti	>14,000 Lotti
NOEJ.GE	Norma Group SE CFD	10%	20%	25%
O2D.GE	Telefonica Deutschland Holding AG CFD	0-20,000 Lotti	20,000-200,000 Lotti	>200,000 Lotti
O2D.GE	Telefonica Deutschland Holding AG CFD	10%	20%	25%
OSR.GE	Osram Licht AG	0-2,300 Lotti	2,300-23,000 Lotti	>23,000 Lotti
OSR.GE	Osram Licht AG	10%	20%	25%
PBB.GE	Deutsche Pfandbriefbank AG CFD	0-4,000 Lotti	4,000-40,000 Lotti	>40,000 Lotti
PBB.GE	Deutsche Pfandbriefbank AG CFD	10%	20%	25%
PSM.GE	ProSiebenSat.1 Media SE	0-2,200 Lotti	2,200-21,800 Lotti	21,800-43,700 Lotti	>43,700 Lotti
PSM.GE	ProSiebenSat.1 Media SE	5%	10%	20%	25%
PUM.GE	Puma SE CFD	0-100 Lotti	100-1,000 Lotti	>1,000 Lotti
PUM.GE	Puma SE CFD	10%	20%	25%
QIA.GE	Qiagen NV CFD	0-1,400 Lotti	1,400-14,000 Lotti	>14,000 Lotti
QIA.GE	Qiagen NV CFD	10%	20%	25%
RHM.GE	Rheinmetall AG CFD	0-500 Lotti	500-5,000 Lotti	>5,000 Lotti
RHM.GE	Rheinmetall AG CFD	10%	20%	25%
RKET.GE	Rocket Internet SE CFD	0-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
RKET.GE	Rocket Internet SE CFD	10%	20%	25%
RRTL.GE	RTL Group SA CFD	0-1,200 Lotti	1,200-12,000 Lotti	>12,000 Lotti
RRTL.GE	RTL Group SA CFD	10%	20%	25%
RWE.GE	RWE AG	0-2,400 Lotti	2,400-23,800 Lotti	23,800-47,700 Lotti	>47,700 Lotti
RWE.GE	RWE AG	2%	5%	15%	20%
SAP.GE	SAP AG (Ger)	0-500 Lotti	500-5,000 Lotti	5,000-10,000 Lotti	>10,000 Lotti
SAP.GE	SAP AG (Ger)	2%	5%	15%	20%
SIE.GE	Siemens AG	0-400 Lotti	400-4,500 Lotti	4,500-8,900 Lotti	>8,900 Lotti
SIE.GE	Siemens AG	2%	5%	15%	20%
SHL.GE	Siemens Healthineers AG CFD	0-1,800 Lotti	1,800-18,000 Lotti	>18,000 Lotti
SHL.GE	Siemens Healthineers AG CFD	10%	20%	25%
SOW.GE	Software AG CFD	0-1,800 Lotti	1,800-18,000 Lotti	>18,000 Lotti
SOW.GE	Software AG CFD	10%	20%	25%
SPR.GE	Axel Springer SE CFD	0-1,000 Lotti	1,000-10,000 Lotti	>10,000 Lotti
SPR.GE	Axel Springer SE CFD	10%	20%	25%
SRT3.GE	Sartorius AG CFD	0-300 Lotti	300-3,000 Lotti	>3,000 Lotti
SRT3.GE	Sartorius AG CFD	15%	20%	25%
SY1.GE	Symrise AG CFD	0-600 Lotti	600-6,000 Lotti	>6,000 Lotti
SY1.GE	Symrise AG CFD	10%	20%	25%
TEG.GE	TAG Immobilien AG CFD	0-2,500 Lotti	2,500-25,000 Lotti	>25,000 Lotti
TEG.GE	TAG Immobilien AG CFD	10%	20%	25%
TKA.GE	ThyssenKrupp AG	0-2,400 Lotti	2,400-23,700 Lotti	23,700-47,500 Lotti	>47,500 Lotti
TKA.GE	ThyssenKrupp AG	5%	10%	20%	25%
UN01.GE	Uniper SE CFD	0-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
UN01.GE	Uniper SE CFD	10%	20%	25%
UTDI.GE	United Internet AG CFD	0-1,600 Lotti	1,600-16,000 Lotti	>16,000 Lotti
UTDI.GE	United Internet AG CFD	10%	20%	25%
VNA.GE	Vonovia SE	0-1,200 Lotti	1,200-11,700 Lotti	11,700-23,500 Lotti	>23,500 Lotti
VNA.GE	Vonovia SE	5%	10%	20%	25%
VOW3.GE	Volkswagen AG	0-300 Lotti	300-3,400 Lotti	3,400-6,800 Lotti	>6,800 Lotti
VOW3.GE	Volkswagen AG	2%	5%	15%	20%
WAF.GE	Siltronic AG CFD	0-800 Lotti	800-8,000 Lotti	>8,000 Lotti
WAF.GE	Siltronic AG CFD	10%	20%	25%
WCH.GE	Wacker Chemie AG CFD	0-670 Lotti	670-6,700 Lotti	>6,700 Lotti
WCH.GE	Wacker Chemie AG CFD	10%	20%	25%
WDI.GE	Wirecard AG	0-400 Lotti	400-4,000 Lotti	4,000-8,000 Lotti	>8,000 Lotti
WDI.GE	Wirecard AG	5%	10%	20%	25%
ZAL.GE	Zalando SE CFD	0-1,400 Lotti	1,400-14,000 Lotti	>14,000 Lotti
ZAL.GE	Zalando SE CFD	10%	20%	25%
1COV.GE	COVESTRO AG	0-1,000 Lotti	1,000-10,000 Lotti	10,000-20,000 Lotti	>20,000 Lotti
1COV.GE	COVESTRO AG	5%	10%	20%	25%

Hong Kong ADRs

Simbolo	Shares	Margin according to position (lots)
MLCO.US	Melco Crown Entertainment	0-2,600 Lotti	2,600-25,800 Lotti	25,800-51,700 Lotti	>51,700 Lotti
MLCO.US	Melco Crown Entertainment	5%	10%	20%	25%

Johannesburg ADRs

Simbolo	Shares	Margin according to position (lots)
AU.US	AngloGold Ashanti	0-7,000 Lotti	7,000-70,000 Lotti	>70,000 Lotti
AU.US	AngloGold Ashanti	15%	20%	25%
GFI.US	Gold Fields	0-16,800 Lotti	16,800-167,600 Lotti	>167,600 Lotti
GFI.US	Gold Fields	10%	20%	25%
HMY.US	Harmony Gold	0-35,700 Lotti	35,700-357,100 Lotti	>357,100 Lotti
HMY.US	Harmony Gold	15%	20%	25%
SBGL.US	Sibanye Gold	0-23,300 Lotti	23,300-233,500 Lotti	>233,500 Lotti
SBGL.US	Sibanye Gold	15%	20%	25%
SSL.US	Sasol	0-1,600 Lotti	1,600-15,600 Lotti	>15,600 Lotti
SSL.US	Sasol	15%	20%	25%

Lima ADRs

Simbolo	Shares	Margin according to position (lots)
BVN.US	CIA DE MINAS BUENAVENTURA SA	0-4,400 Lotti	4,400-44,200 Lotti	>44,200 Lotti
BVN.US	CIA DE MINAS BUENAVENTURA SA	15%	20%	25%

Lisbon

Simbolo	Shares	Margin according to position (lots)
ALTR.PO	Altri SGPS SA	0-5,600 Lotti	5,600-55,600 Lotti	>55,600 Lotti
ALTR.PO	Altri SGPS SA	10%	20%	25%
BCP.PO	Banco Comercial Portugues	0-19,000 Lotti	19,000-190,500 Lotti	190,500-380,900 Lotti	>380,900 Lotti
BCP.PO	Banco Comercial Portugues	5%	10%	20%	25%
CTT.PO	CTT CORREIOS PORT	0-15,500 Lotti	15,500-155,100 Lotti	155,100-310,200 Lotti	>310,200 Lotti
CTT.PO	CTT CORREIOS PORT	2%	5%	15%	20%
EDP.PO	Energias De Portugal SA	0-14,400 Lotti	14,400-144,400 Lotti	144,400-288,900 Lotti	>288,900 Lotti
EDP.PO	Energias De Portugal SA	2%	5%	15%	20%
EDPR.PO	EDP Renovaveis SA	0-5,700 Lotti	5,700-56,900 Lotti	56,900-113,900 Lotti	>113,900 Lotti
EDPR.PO	EDP Renovaveis SA	5%	10%	20%	25%
EGL.PO	Mota Engil SGPS SA	0-17,300 Lotti	17,300-173,000 Lotti	>173,000 Lotti
EGL.PO	Mota Engil SGPS SA	10%	20%	25%
GALP.PO	Galp Energia SGPS SA	0-2,800 Lotti	2,800-28,300 Lotti	28,300-56,500 Lotti	>56,500 Lotti
GALP.PO	Galp Energia SGPS SA	2%	5%	15%	20%
JMT.PO	Jeronimo Martins	0-3,800 Lotti	3,800-38,200 Lotti	38,200-76,400 Lotti	>76,400 Lotti
JMT.PO	Jeronimo Martins	2%	5%	15%	20%
NOS.PO	NOS SGPS	0-10,100 Lotti	10,100-101,100 Lotti	>101,100 Lotti
NOS.PO	NOS SGPS	10%	20%	25%
PHR.PO	Pharol SGPS SA	0-21,900 Lotti	21,900-219,300 Lotti	219,300-438,600 Lotti	>438,600 Lotti
PHR.PO	Pharol SGPS SA	2%	5%	15%	20%
NVG.PO	Portucel Emp Prod de Pasta e Papel	0-9,900 Lotti	9,900-99,400 Lotti	>99,400 Lotti
NVG.PO	Portucel Emp Prod de Pasta e Papel	10%	20%	25%
RENE.PO	Redes Energeticas Nacionais SA	0-20,100 Lotti	20,100-201,000 Lotti	>201,000 Lotti
RENE.PO	Redes Energeticas Nacionais SA	10%	20%	25%
SEM.PO	Semapa-Sociedade De Investim	0-2,500 Lotti	2,500-25,000 Lotti	>25,000 Lotti
SEM.PO	Semapa-Sociedade De Investim	10%	20%	25%
SON.PO	SONAE SGPS SA	0-50,100 Lotti	50,100-501,000 Lotti	>501,000 Lotti
SON.PO	SONAE SGPS SA	15%	20%	25%

London

Simbolo	Shares	Margin according to position (lots)
ADM.UK	Admiral Group Plc	0-23 Lotti	23-226 Lotti	226-451 Lotti	>451 Lotti
ADM.UK	Admiral Group Plc	5%	10%	20%	25%
AGK.UK	Aggreko Plc	0-52 Lotti	52-521 Lotti	521-1,042 Lotti	>1,042 Lotti
AGK.UK	Aggreko Plc	5%	10%	20%	25%
AAL.UK	Anglo American Plc	0-26 Lotti	26-262 Lotti	262-524 Lotti	>524 Lotti
AAL.UK	Anglo American Plc	2%	5%	15%	20%
ANTO.UK	Antofagasta Plc	0-46 Lotti	46-460 Lotti	460-919 Lotti	>919 Lotti
ANTO.UK	Antofagasta Plc	2%	5%	15%	20%
AHT.UK	Ashtead Group PLC	0-19 Lotti	19-187 Lotti	187-374 Lotti	>374 Lotti
AHT.UK	Ashtead Group PLC	5%	10%	20%	25%
ABF.UK	Associated British Foods Plc	0-18 Lotti	18-183 Lotti	183-365 Lotti	>365 Lotti
ABF.UK	Associated British Foods Plc	5%	10%	20%	25%
AZN.UK	AstraZeneca Plc	0-7 Lotti	7-74 Lotti	74-148 Lotti	>148 Lotti
AZN.UK	AstraZeneca Plc	2%	5%	15%	20%
AV.UK	Aviva Plc	0-90 Lotti	90-895 Lotti	895-1,791 Lotti	>1,791 Lotti
AV.UK	Aviva Plc	2%	5%	15%	20%
BAB.UK	Babcock International Group	0-62 Lotti	62-615 Lotti	615-1,231 Lotti	>1,231 Lotti
BAB.UK	Babcock International Group	5%	10%	20%	25%
BA.UK	BAE Systems Plc	0-72 Lotti	72-721 Lotti	721-1,442 Lotti	>1,442 Lotti
BA.UK	BAE Systems Plc	2%	5%	15%	20%
BARC.UK	Barclays Plc	0-235 Lotti	235-2,350 Lotti	2,350-4,700 Lotti	>4,700 Lotti
BARC.UK	Barclays Plc	5%	10%	20%	25%
BDEV.UK	Barratt Developments Plc	0-83 Lotti	83-829 Lotti	829-1,658 Lotti	>1,658 Lotti
BDEV.UK	Barratt Developments Plc	2%	5%	15%	20%
BLT.UK	BHP Billiton Plc	0-26 Lotti	26-262 Lotti	262-523 Lotti	>523 Lotti
BLT.UK	BHP Billiton Plc	2%	5%	15%	20%
BP.UK	BP Plc	0-80 Lotti	80-796 Lotti	796-1,592 Lotti	>1,592 Lotti
BP.UK	BP Plc	2%	5%	15%	20%
BATS.UK	British American Tobacco Plc (LSE)	0-11 Lotti	11-107 Lotti	107-215 Lotti	>215 Lotti
BATS.UK	British American Tobacco Plc (LSE)	2%	5%	15%	20%
BLND.UK	British Land Co Plc	0-70 Lotti	70-699 Lotti	699-1,398 Lotti	>1,398 Lotti
BLND.UK	British Land Co Plc	2%	5%	15%	20%
BTA.UK	BT Group Plc	0-197 Lotti	197-1,965 Lotti	1,965-3,931 Lotti	>3,931 Lotti
BTA.UK	BT Group Plc	2%	5%	15%	20%
BNZL.UK	Bunzl Plc	0-19 Lotti	19-192 Lotti	192-385 Lotti	>385 Lotti
BNZL.UK	Bunzl Plc	5%	10%	20%	25%
BRBY.UK	Burberry Group Plc	0-20 Lotti	20-202 Lotti	202-405 Lotti	>405 Lotti
BRBY.UK	Burberry Group Plc	2%	5%	15%	20%
CCL.UK	Carnival Plc	0-10 Lotti	10-100 Lotti	100-199 Lotti	>199 Lotti
CCL.UK	Carnival Plc	2%	5%	15%	20%
CCH.UK	Coca-Cola HBC AG	0-16 Lotti	16-163 Lotti	>163 Lotti
CCH.UK	Coca-Cola HBC AG	10%	20%	25%
CNA.UK	Centrica Plc	0-300 Lotti	300-2,997 Lotti	2,997-5,994 Lotti	>5,994 Lotti
CNA.UK	Centrica Plc	2%	5%	15%	20%
CNE.UK	Cairn Energy PLC	0-182 Lotti	182-1,822 Lotti	1,822-3,644 Lotti	>3,644 Lotti
CNE.UK	Cairn Energy PLC	2%	5%	15%	20%
CPG.UK	Compass Group Plc	0-27 Lotti	27-269 Lotti	269-537 Lotti	>537 Lotti
CPG.UK	Compass Group Plc	2%	5%	15%	20%
CPI.UK	Capita Group Plc	0-334 Lotti	334-3,337 Lotti	3,337-6,674 Lotti	>6,674 Lotti
CPI.UK	Capita Group Plc	5%	10%	20%	25%
CRH.UK	CRH (LSE)	0-18 Lotti	18-177 Lotti	177-354 Lotti	>354 Lotti
CRH.UK	CRH (LSE)	2%	5%	15%	20%
DGE.UK	Diageo Plc	0-16 Lotti	16-161 Lotti	161-321 Lotti	>321 Lotti
DGE.UK	Diageo Plc	2%	5%	15%	20%
EXPN.UK	Experian Group Ltd	0-24 Lotti	24-237 Lotti	237-474 Lotti	>474 Lotti
EXPN.UK	Experian Group Ltd	2%	5%	15%	20%
EZJ.UK	easyJet Plc.	0-29 Lotti	29-287 Lotti	287-574 Lotti	>574 Lotti
EZJ.UK	easyJet Plc.	5%	10%	20%	25%
FRES.UK	Fresnillo Plc	0-44 Lotti	44-440 Lotti	440-879 Lotti	>879 Lotti
FRES.UK	Fresnillo Plc	2%	5%	15%	20%
GFS.UK	G4S PLC	0-174 Lotti	174-1,737 Lotti	1,737-3,475 Lotti	>3,475 Lotti
GFS.UK	G4S PLC	5%	10%	20%	25%
GNK.UK	Greene King Plc	0-92 Lotti	92-919 Lotti	919-1,839 Lotti	>1,839 Lotti
GNK.UK	Greene King Plc	2%	5%	15%	20%
GSK.UK	GlaxoSmithKline Plc	0-28 Lotti	28-283 Lotti	283-566 Lotti	>566 Lotti
GSK.UK	GlaxoSmithKline Plc	2%	5%	15%	20%
GLEN.UK	Glencore Inernational Plc (LSE)	0-136 Lotti	136-1,360 Lotti	1,360-2,719 Lotti	>2,719 Lotti
GLEN.UK	Glencore Inernational Plc (LSE)	5%	10%	20%	25%
HMSO.UK	Hammerson Plc	0-88 Lotti	88-877 Lotti	877-1,754 Lotti	>1,754 Lotti
HMSO.UK	Hammerson Plc	5%	10%	20%	25%
HL.UK	Hargreaves Lansdown Plc	0-21 Lotti	21-212 Lotti	212-424 Lotti	>424 Lotti
HL.UK	Hargreaves Lansdown Plc	5%	10%	20%	25%
HSBA.UK	HSBC Holdings Plc (LSE)	0-62 Lotti	62-620 Lotti	620-1,239 Lotti	>1,239 Lotti
HSBA.UK	HSBC Holdings Plc (LSE)	2%	5%	15%	20%
IAG.UK	International Consolidated Airlines Group	0-66 Lotti	66-655 Lotti	655-1,310 Lotti	>1,310 Lotti
IAG.UK	International Consolidated Airlines Group	2%	5%	15%	20%
III.UK	3i Group PLC	0-47 Lotti	47-474 Lotti	474-947 Lotti	>947 Lotti
III.UK	3i Group PLC	5%	10%	20%	25%
IMI.UK	IMI Plc	0-38 Lotti	38-384 Lotti	384-769 Lotti	>769 Lotti
IMI.UK	IMI Plc	5%	10%	20%	25%
IMB.UK	Imperial Tobacco Group Plc	0-15 Lotti	15-151 Lotti	151-302 Lotti	>302 Lotti
IMB.UK	Imperial Tobacco Group Plc	2%	5%	15%	20%
INTU.UK	Intu Properties PLC	0-260 Lotti	260-2,599 Lotti	2,599-5,198 Lotti	>5,198 Lotti
INTU.UK	Intu Properties PLC	5%	10%	20%	25%
IHG.UK	Intercontinental Hotels Group Plc	0-9 Lotti	9-95 Lotti	95-190 Lotti	>190 Lotti
IHG.UK	Intercontinental Hotels Group Plc	2%	5%	15%	20%
ITRK.UK	Intertek Group Plc	0-8 Lotti	8-83 Lotti	83-167 Lotti	>167 Lotti
ITRK.UK	Intertek Group Plc	5%	10%	20%	25%
ITV.UK	ITV Plc	0-265 Lotti	265-2,649 Lotti	2,649-5,299 Lotti	>5,299 Lotti
ITV.UK	ITV Plc	5%	10%	20%	25%
JMAT.UK	Johnson Matthey Plc	0-12 Lotti	12-120 Lotti	120-240 Lotti	>240 Lotti
JMAT.UK	Johnson Matthey Plc	5%	10%	20%	25%
KGF.UK	Kingfisher Plc	0-151 Lotti	151-1,512 Lotti	1,512-3,023 Lotti	>3,023 Lotti
KGF.UK	Kingfisher Plc	2%	5%	15%	20%
LAND.UK	Land Securities Group Plc	0-48 Lotti	48-480 Lotti	480-960 Lotti	>960 Lotti
LAND.UK	Land Securities Group Plc	2%	5%	15%	20%
LGEN.UK	Legal & General Group Plc	0-170 Lotti	170-1,704 Lotti	1,704-3,408 Lotti	>3,408 Lotti
LGEN.UK	Legal & General Group Plc	2%	5%	15%	20%
LLOY.UK	Lloyds Banking Group Plc	0-724 Lotti	724-7,244 Lotti	7,244-14,488 Lotti	>14,488 Lotti
LLOY.UK	Lloyds Banking Group Plc	2%	5%	15%	20%
LSE.UK	London Stock Exchange Group Plc	0-10 Lotti	10-100 Lotti	100-200 Lotti	>200 Lotti
LSE.UK	London Stock Exchange Group Plc	5%	10%	20%	25%
MKS.UK	Marks & Spencer Group Plc	0-147 Lotti	147-1,474 Lotti	1,474-2,948 Lotti	>2,948 Lotti
MKS.UK	Marks & Spencer Group Plc	2%	5%	15%	20%
MGGT.UK	Meggitt Plc	0-82 Lotti	82-820 Lotti	820-1,639 Lotti	>1,639 Lotti
MGGT.UK	Meggitt Plc	5%	10%	20%	25%
MNDI.UK	Mondi PLC	0-20 Lotti	20-202 Lotti	202-404 Lotti	>404 Lotti
MNDI.UK	Mondi PLC	5%	10%	20%	25%
MRW.UK	Morrison WM Supermarkets	0-170 Lotti	170-1,697 Lotti	1,697-3,394 Lotti	>3,394 Lotti
MRW.UK	Morrison WM Supermarkets	2%	5%	15%	20%
NG.UK	National Grid Plc	0-56 Lotti	56-555 Lotti	555-1,110 Lotti	>1,110 Lotti
NG.UK	National Grid Plc	2%	5%	15%	20%
NXT.UK	Next Plc	0-8 Lotti	8-79 Lotti	79-157 Lotti	>157 Lotti
NXT.UK	Next Plc	2%	5%	15%	20%
PMO.UK	Premier Oil PLC	0-366 Lotti	366-3,662 Lotti	3,662-7,323 Lotti	>7,323 Lotti
PMO.UK	Premier Oil PLC	2%	5%	15%	20%
PSON.UK	Pearson Plc	0-49 Lotti	49-491 Lotti	491-982 Lotti	>982 Lotti
PSON.UK	Pearson Plc	2%	5%	15%	20%
PSN.UK	Persimmon PLC	0-18 Lotti	18-182 Lotti	182-363 Lotti	>363 Lotti
PSN.UK	Persimmon PLC	5%	10%	20%	25%
PFC.UK	Petrofac Ltd	0-72 Lotti	72-715 Lotti	715-1,430 Lotti	>1,430 Lotti
PFC.UK	Petrofac Ltd	2%	5%	15%	20%
PRU.UK	Prudential Plc	0-25 Lotti	25-247 Lotti	247-493 Lotti	>493 Lotti
PRU.UK	Prudential Plc	2%	5%	15%	20%
RB.UK	Reckitt Benckiser Plc	0-7 Lotti	7-66 Lotti	66-131 Lotti	>131 Lotti
RB.UK	Reckitt Benckiser Plc	2%	5%	15%	20%
REL.UK	Reed Elsevier Plc	0-26 Lotti	26-264 Lotti	264-529 Lotti	>529 Lotti
REL.UK	Reed Elsevier Plc	2%	5%	15%	20%
RIO.UK	Rio Tinto Plc	0-12 Lotti	12-116 Lotti	116-232 Lotti	>232 Lotti
RIO.UK	Rio Tinto Plc	2%	5%	15%	20%
RR.UK	Rolls-Royce Group Plc	0-42 Lotti	42-415 Lotti	415-831 Lotti	>831 Lotti
RR.UK	Rolls-Royce Group Plc	2%	5%	15%	20%
RSA.UK	Royal & Sun Alliance Insurance	0-71 Lotti	71-706 Lotti	706-1,412 Lotti	>1,412 Lotti
RSA.UK	Royal & Sun Alliance Insurance	5%	10%	20%	25%
RBS.UK	Royal Bank of Scotland Group Plc	0-178 Lotti	178-1,782 Lotti	1,782-3,564 Lotti	>3,564 Lotti
RBS.UK	Royal Bank of Scotland Group Plc	2%	5%	15%	20%
RDSA.UK	Royal Dutch Shell Plc – A	0-18 Lotti	18-175 Lotti	175-350 Lotti	>350 Lotti
RDSA.UK	Royal Dutch Shell Plc – A	2%	5%	15%	20%
RDSB.UK	Royal Dutch Shell Plc – B	0-17 Lotti	17-172 Lotti	172-345 Lotti	>345 Lotti
RDSB.UK	Royal Dutch Shell Plc – B	2%	5%	15%	20%
RMG.UK	Royal Mail PLC	0-98 Lotti	98-981 Lotti	981-1,962 Lotti	>1,962 Lotti
RMG.UK	Royal Mail PLC	5%	10%	20%	25%
SGE.UK	Sage Group Plc	0-67 Lotti	67-670 Lotti	670-1,341 Lotti	>1,341 Lotti
SGE.UK	Sage Group Plc	5%	10%	20%	25%
SBRY.UK	Sainsbury’s Plc	0-133 Lotti	133-1,331 Lotti	1,331-2,663 Lotti	>2,663 Lotti
SBRY.UK	Sainsbury’s Plc	2%	5%	15%	20%
SDR.UK	Schroders Plc	0-14 Lotti	14-143 Lotti	143-286 Lotti	>286 Lotti
SDR.UK	Schroders Plc	5%	10%	20%	25%
SSE.UK	Scottish & Southern Energy Plc	0-35 Lotti	35-352 Lotti	352-703 Lotti	>703 Lotti
SSE.UK	Scottish & Southern Energy Plc	2%	5%	15%	20%
STJ.UK	St. James’s Place Plc	0-38 Lotti	38-384 Lotti	384-769 Lotti	>769 Lotti
STJ.UK	St. James’s Place Plc	2%	5%	15%	20%
SVT.UK	Severn Trent Plc	0-23 Lotti	23-228 Lotti	228-455 Lotti	>455 Lotti
SVT.UK	Severn Trent Plc	5%	10%	20%	25%
SN.UK	Smith & Nephew Plc	0-33 Lotti	33-328 Lotti	328-657 Lotti	>657 Lotti
SN.UK	Smith & Nephew Plc	2%	5%	15%	20%
SMIN.UK	Smiths Group Plc	0-27 Lotti	27-273 Lotti	273-545 Lotti	>545 Lotti
SMIN.UK	Smiths Group Plc	5%	10%	20%	25%
SPD.UK	Sports Direct International PLC	0-110 Lotti	110-1,104 Lotti	1,104-2,208 Lotti	>2,208 Lotti
SPD.UK	Sports Direct International PLC	5%	10%	20%	25%
STAN.UK	Standard Chartered Plc	0-65 Lotti	65-648 Lotti	648-1,296 Lotti	>1,296 Lotti
STAN.UK	Standard Chartered Plc	2%	5%	15%	20%
SLA.UK	Standard Life Plc	0-109 Lotti	109-1,087 Lotti	1,087-2,174 Lotti	>2,174 Lotti
SLA.UK	Standard Life Plc	5%	10%	20%	25%
TCG.UK	Thomas Cook Group Plc	0-500 Lotti	500-5,003 Lotti	5,003-10,006 Lotti	>10,006 Lotti
TCG.UK	Thomas Cook Group Plc	2%	5%	15%	20%
TSCO.UK	Tesco Plc	0-169 Lotti	169-1,694 Lotti	1,694-3,387 Lotti	>3,387 Lotti
TSCO.UK	Tesco Plc	2%	5%	15%	20%
TPK.UK	Travis Perkins PLC	0-39 Lotti	39-391 Lotti	391-783 Lotti	>783 Lotti
TPK.UK	Travis Perkins PLC	5%	10%	20%	25%
TUI.UK	TUI AG	0-29 Lotti	29-293 Lotti	293-585 Lotti	>585 Lotti
TUI.UK	TUI AG	5%	10%	20%	25%
TLW.UK	Tullow Oil Plc	0-195 Lotti	195-1,949 Lotti	1,949-3,898 Lotti	>3,898 Lotti
TLW.UK	Tullow Oil Plc	2%	5%	15%	20%
ULVR.UK	Unilever Plc	0-10 Lotti	10-102 Lotti	102-203 Lotti	>203 Lotti
ULVR.UK	Unilever Plc	2%	5%	15%	20%
UU.UK	United Utilities Plc	0-60 Lotti	60-605 Lotti	605-1,209 Lotti	>1,209 Lotti
UU.UK	United Utilities Plc	2%	5%	15%	20%
VOD.UK	Vodafone Group Plc	0-242 Lotti	242-2,424 Lotti	2,424-4,849 Lotti	>4,849 Lotti
VOD.UK	Vodafone Group Plc	2%	5%	15%	20%
WEIR.UK	Weir Group Plc	0-23 Lotti	23-232 Lotti	232-465 Lotti	>465 Lotti
WEIR.UK	Weir Group Plc	2%	5%	15%	20%
WMH.UK	William Hill Plc	0-169 Lotti	169-1,687 Lotti	1,687-3,373 Lotti	>3,373 Lotti
WMH.UK	William Hill Plc	2%	5%	15%	20%
WTB.UK	Whitbread Plc	0-11 Lotti	11-113 Lotti	113-225 Lotti	>225 Lotti
WTB.UK	Whitbread Plc	5%	10%	20%	25%
FERG.UK	Wolseley Plc	0-7 Lotti	7-73 Lotti	73-145 Lotti	>145 Lotti
FERG.UK	Wolseley Plc	2%	5%	15%	20%
WPP.UK	WPP Group Plc	0-37 Lotti	37-370 Lotti	370-740 Lotti	>740 Lotti
WPP.UK	WPP Group Plc	2%	5%	15%	20%

Madrid

Simbolo	Shares	Margin according to position (lots)
ACS.ES	ACS Actividades de Construccion y Servicios SA	0-1,400 Lotti	1,400-13,600 Lotti	13,600-27,200 Lotti	>27,200 Lotti
ACS.ES	ACS Actividades de Construccion y Servicios SA	5%	10%	20%	25%
ACX.ES	Acerinox SA	0-4,100 Lotti	4,100-40,500 Lotti	40,500-81,000 Lotti	>81,000 Lotti
ACX.ES	Acerinox SA	5%	10%	20%	25%
AENA.ES	AENA S.A.	0-300 Lotti	300-3,200 Lotti	3,200-6,400 Lotti	>6,400 Lotti
AENA.ES	AENA S.A.	5%	10%	20%	25%
AMS.ES	Amadeus IT Holding SA	0-700 Lotti	700-6,900 Lotti	6,900-13,800 Lotti	>13,800 Lotti
AMS.ES	Amadeus IT Holding SA	2%	5%	15%	20%
ANA.ES	Acciona SA	0-700 Lotti	700-6,800 Lotti	6,800-13,700 Lotti	>13,700 Lotti
ANA.ES	Acciona SA	5%	10%	20%	25%
BBVA.ES	Banco Bilbao Vizcaya Argentaria SA	0-8,400 Lotti	8,400-84,300 Lotti	84,300-168,600 Lotti	>168,600 Lotti
BBVA.ES	Banco Bilbao Vizcaya Argentaria SA	2%	5%	15%	20%
BKIA.ES	Bankia SA	0-15,000 Lotti	15,000-149,700 Lotti	149,700-299,400 Lotti	>299,400 Lotti
BKIA.ES	Bankia SA	5%	10%	20%	25%
BKT.ES	Bankinter SA	0-6,300 Lotti	6,300-63,100 Lotti	>63,100 Lotti
BKT.ES	Bankinter SA	10%	20%	25%
CABK.ES	CaixaBank SA	0-12,500 Lotti	12,500-125,400 Lotti	125,400-250,800 Lotti	>250,800 Lotti
CABK.ES	CaixaBank SA	5%	10%	20%	25%
CLNX.ES	Cellnex Telecom SA	0-2,200 Lotti	2,200-21,600 Lotti	>21,600 Lotti
CLNX.ES	Cellnex Telecom SA	15%	20%	25%
COL.ES	Inmobiliaria Colonial SA	0-5,400 Lotti	5,400-54,300 Lotti	>54,300 Lotti
COL.ES	Inmobiliaria Colonial SA	15%	20%	25%
DIDA.ES	Distribuidora Internacional de Alimentacion SA	0-24,900 Lotti	24,900-248,800 Lotti	248,800-497,500 Lotti	>497,500 Lotti
DIDA.ES	Distribuidora Internacional de Alimentacion SA	5%	10%	20%	25%
ELE.ES	Endesa SA	0-2,500 Lotti	2,500-25,400 Lotti	25,400-50,800 Lotti	>50,800 Lotti
ELE.ES	Endesa SA	5%	10%	20%	25%
ENG.ES	Enagas SA	0-2,100 Lotti	2,100-20,800 Lotti	>20,800 Lotti
ENG.ES	Enagas SA	10%	20%	25%
FER.ES	Ferrovial SA	0-2,700 Lotti	2,700-27,400 Lotti	27,400-54,800 Lotti	>54,800 Lotti
FER.ES	Ferrovial SA	5%	10%	20%	25%
SGRE.ES	Siemens Gamesa Renewable Energy SA	0-4,100 Lotti	4,100-41,400 Lotti	41,400-82,700 Lotti	>82,700 Lotti
SGRE.ES	Siemens Gamesa Renewable Energy SA	5%	10%	20%	25%
NTGY.ES	Naturgy Energy Group SA	0-2,200 Lotti	2,200-22,400 Lotti	22,400-44,700 Lotti	>44,700 Lotti
NTGY.ES	Naturgy Energy Group SA	5%	10%	20%	25%
GRF.ES	Grifols SA	0-2,000 Lotti	2,000-19,900 Lotti	19,900-39,700 Lotti	>39,700 Lotti
GRF.ES	Grifols SA	5%	10%	20%	25%
IAG.ES	International Consolidated Airlines Group SA	0-6,500 Lotti	6,500-65,400 Lotti	65,400-130,900 Lotti	>130,900 Lotti
IAG.ES	International Consolidated Airlines Group SA	2%	5%	15%	20%
IBE.ES	Iberdrola SA	0-7,600 Lotti	7,600-76,300 Lotti	76,300-152,600 Lotti	>152,600 Lotti
IBE.ES	Iberdrola SA	2%	5%	15%	20%
IDR.ES	Indra Sistemas SA	0-4,700 Lotti	4,700-47,400 Lotti	>47,400 Lotti
IDR.ES	Indra Sistemas SA	10%	20%	25%
ITX.ES	Industria de Diseno Textil SA	0-1,800 Lotti	1,800-17,900 Lotti	17,900-35,800 Lotti	>35,800 Lotti
ITX.ES	Industria de Diseno Textil SA	2%	5%	15%	20%
MAP.ES	Mapfre SA	0-18,600 Lotti	18,600-185,800 Lotti	>185,800 Lotti
MAP.ES	Mapfre SA	10%	20%	25%
MEL.ES	Melia Hotels International SA	0-4,500 Lotti	4,500-44,700 Lotti	>44,700 Lotti
MEL.ES	Melia Hotels International SA	10%	20%	25%
MRL.ES	Merlin Properties Socimi SA	0-4,100 Lotti	4,100-40,800 Lotti	>40,800 Lotti
MRL.ES	Merlin Properties Socimi SA	15%	20%	25%
MTS.ES	ArcelorMittal	0-1,800 Lotti	1,800-18,200 Lotti	18,200-36,400 Lotti	>36,400 Lotti
MTS.ES	ArcelorMittal	5%	10%	20%	25%
REE.ES	Red Electrica Corporacion SA	0-2,700 Lotti	2,700-27,300 Lotti	27,300-54,600 Lotti	>54,600 Lotti
REE.ES	Red Electrica Corporacion SA	5%	10%	20%	25%
REP.ES	Repsol SA	0-2,900 Lotti	2,900-29,500 Lotti	29,500-58,900 Lotti	>58,900 Lotti
REP.ES	Repsol SA	2%	5%	15%	20%
SAB.ES	Banco de Sabadell SA	0-34,800 Lotti	34,800-348,200 Lotti	348,200-696,400 Lotti	>696,400 Lotti
SAB.ES	Banco de Sabadell SA	5%	10%	20%	25%
SAN.ES	Banco Santander SA	0-10,700 Lotti	10,700-107,200 Lotti	107,200-214,400 Lotti	>214,400 Lotti
SAN.ES	Banco Santander SA	2%	5%	15%	20%
TEF.ES	Telefonica SA	0-6,600 Lotti	6,600-66,000 Lotti	66,000-132,000 Lotti	>132,000 Lotti
TEF.ES	Telefonica SA	2%	5%	15%	20%
TL5.ES	Mediaset Espana Comunicacion SA	0-7,400 Lotti	7,400-73,900 Lotti	73,900-147,800 Lotti	>147,800 Lotti
TL5.ES	Mediaset Espana Comunicacion SA	5%	10%	20%	25%
TRE.ES	Tecnicas Reunidas SA	0-1,700 Lotti	1,700-17,100 Lotti	>17,100 Lotti
TRE.ES	Tecnicas Reunidas SA	10%	20%	25%
VIS.ES	Viscofan SA	0-800 Lotti	800-8,200 Lotti	>8,200 Lotti
VIS.ES	Viscofan SA	10%	20%	25%

Madrid ADRs

Simbolo	Shares	Margin according to position (lots)
BBVA.US	Banco Bilbao Vizcaya Argentaria	0-8,800 Lotti	8,800-88,100 Lotti	>88,100 Lotti
BBVA.US	Banco Bilbao Vizcaya Argentaria	15%	20%	25%
GRFS.US	Grifols	0-2,800 Lotti	2,800-28,200 Lotti	>28,200 Lotti
GRFS.US	Grifols	15%	20%	25%
SAN.US	Banco Santander	0-11,200 Lotti	11,200-111,900 Lotti	>111,900 Lotti
SAN.US	Banco Santander	10%	20%	25%
TEF.US	Telefónica	0-6,800 Lotti	6,800-68,500 Lotti	>68,500 Lotti
TEF.US	Telefónica	15%	20%	25%

Mexico City ADRs

Simbolo	Shares	Margin according to position (lots)
AMX.US	America Movil – L Shares	0-3,500 Lotti	3,500-35,200 Lotti	35,200-70,500 Lotti	>70,500 Lotti
AMX.US	America Movil – L Shares	2%	5%	15%	20%
BSMX.US	Santander Mexico	0-7,200 Lotti	7,200-71,800 Lotti	>71,800 Lotti
BSMX.US	Santander Mexico	15%	20%	25%
CX.US	Cemex	0-8,500 Lotti	8,500-84,500 Lotti	84,500-169,000 Lotti	>169,000 Lotti
CX.US	Cemex	2%	5%	15%	20%
FMX.US	Fomento Economico Mexicano	0-600 Lotti	600-6,000 Lotti	6,000-12,100 Lotti	>12,100 Lotti
FMX.US	Fomento Economico Mexicano	5%	10%	20%	25%
KOF.US	Coca-Cola Femsa	0-1,000 Lotti	1,000-9,700 Lotti	>9,700 Lotti
KOF.US	Coca-Cola Femsa	15%	20%	25%
OMAB.US	Grupo Aeroportuario (OMA)	0-1,200 Lotti	1,200-11,800 Lotti	>11,800 Lotti
OMAB.US	Grupo Aeroportuario (OMA)	15%	20%	25%
PAC.US	Grupo Aeroportuario del Pacifico	0-600 Lotti	600-6,300 Lotti	>6,300 Lotti
PAC.US	Grupo Aeroportuario del Pacifico	15%	20%	25%
TV.US	Grupo Televisa	0-3,200 Lotti	3,200-31,600 Lotti	31,600-63,200 Lotti	>63,200 Lotti
TV.US	Grupo Televisa	5%	10%	20%	25%
VLRS.US	Controladora Vuela Compania de Aviacion S.A.B. de C.V. – Volaris	0-8,100 Lotti	8,100-81,300 Lotti	>81,300 Lotti
VLRS.US		15%	20%	25%

Milan

Simbolo	Shares	Margin according to position (lots)
A2.IT	A2A SpA	0-31,000 Lotti	31,000-309,800 Lotti	309,800-619,600 Lotti	>619,600 Lotti
A2.IT	A2A SpA	5%	10%	20%	25%
ATL.IT	Atlantia SpA	0-2,000 Lotti	2,000-19,800 Lotti	19,800-39,500 Lotti	>39,500 Lotti
ATL.IT	Atlantia SpA	2%	5%	15%	20%
AGL.IT	Autogrill SpA	0-5,500 Lotti	5,500-54,700 Lotti	54,700-109,500 Lotti	>109,500 Lotti
AGL.IT	Autogrill SpA	5%	10%	20%	25%
AZMT.IT	Azimut Holding SpA	0-3,500 Lotti	3,500-35,100 Lotti	35,100-70,300 Lotti	>70,300 Lotti
AZMT.IT	Azimut Holding SpA	5%	10%	20%	25%
BAMI.IT	Banco Bmp SpA	0-21,200 Lotti	21,200-212,000 Lotti	212,000-424,100 Lotti	>424,100 Lotti
BAMI.IT	Banco Bmp SpA	5%	10%	20%	25%
BMED.IT	BANCA MEDIOLANUM SPA	0-8,100 Lotti	8,100-81,300 Lotti	81,300-162,600 Lotti	>162,600 Lotti
BMED.IT	BANCA MEDIOLANUM SPA	5%	10%	20%	25%
BMPS.IT	Banca Monte dei Paschi di Siena SpA	0-21,000 Lotti	21,000-210,100 Lotti	>210,100 Lotti
BMPS.IT	Banca Monte dei Paschi di Siena SpA	10%	20%	25%
BPE.IT	Banca Popolare dell’Emilia Romagna SC	0-11,600 Lotti	11,600-116,500 Lotti	>116,500 Lotti
BPE.IT	Banca Popolare dell’Emilia Romagna SC	10%	20%	25%
BZU.IT	Buzzi Unicem Spa	0-2,800 Lotti	2,800-28,000 Lotti	28,000-55,900 Lotti	>55,900 Lotti
BZU.IT	Buzzi Unicem Spa	5%	10%	20%	25%
CNHI.IT	CNH Industrial NV	0-4,900 Lotti	4,900-49,300 Lotti	49,300-98,600 Lotti	>98,600 Lotti
CNHI.IT	CNH Industrial NV	2%	5%	15%	20%
CPRI.IT	Davide Campari-Milano SpA	0-6,800 Lotti	6,800-67,600 Lotti	67,600-135,100 Lotti	>135,100 Lotti
CPRI.IT	Davide Campari-Milano SpA	5%	10%	20%	25%
FBK.IT	FinecoBank Banca Fineco SpA	0-5,000 Lotti	5,000-49,600 Lotti	49,600-99,200 Lotti	>99,200 Lotti
FBK.IT	FinecoBank Banca Fineco SpA	5%	10%	20%	25%
ENEI.IT	Enel SpA	0-11,000 Lotti	11,000-109,700 Lotti	109,700-219,500 Lotti	>219,500 Lotti
ENEI.IT	Enel SpA	2%	5%	15%	20%
ENI.IT	ENI SpA	0-3,100 Lotti	3,100-30,500 Lotti	30,500-61,000 Lotti	>61,000 Lotti
ENI.IT	ENI SpA	2%	5%	15%	20%
ERG.IT	ERG S.p.A	0-2,600 Lotti	2,600-26,400 Lotti	>26,400 Lotti
ERG.IT	ERG S.p.A	15%	20%	25%
EXOR.IT	Exor SpA	0-900 Lotti	900-9,000 Lotti	9,000-17,900 Lotti	>17,900 Lotti
EXOR.IT	Exor SpA	5%	10%	20%	25%
FCA.IT	Fiat Chrysler Automobiles NV	0-3,400 Lotti	3,400-34,500 Lotti	34,500-69,000 Lotti	>69,000 Lotti
FCA.IT	Fiat Chrysler Automobiles NV	2%	5%	15%	20%
GASI.IT	Assicurazioni Generali SpA	0-3,300 Lotti	3,300-33,400 Lotti	33,400-66,800 Lotti	>66,800 Lotti
GASI.IT	Assicurazioni Generali SpA	2%	5%	15%	20%
GEO.IT	Geox SpA	0-23,100 Lotti	23,100-231,100 Lotti	>231,100 Lotti
GEO.IT	Geox SpA	15%	20%	25%
ISP.IT	Intesa Sanpaolo SpA	0-20,900 Lotti	20,900-209,400 Lotti	209,400-418,800 Lotti	>418,800 Lotti
ISP.IT	Intesa Sanpaolo SpA	2%	5%	15%	20%
LDO.IT	Finmeccanica SpA	0-4,800 Lotti	4,800-47,800 Lotti	47,800-95,600 Lotti	>95,600 Lotti
LDO.IT	Finmeccanica SpA	2%	5%	15%	20%
MS.IT	Mediaset SpA	0-17,700 Lotti	17,700-176,700 Lotti	176,700-353,400 Lotti	>353,400 Lotti
MS.IT	Mediaset SpA	2%	5%	15%	20%
MDBI.IT	Mediobanca SpA	0-5,700 Lotti	5,700-56,700 Lotti	56,700-113,400 Lotti	>113,400 Lotti
MDBI.IT	Mediobanca SpA	2%	5%	15%	20%
MONC.IT	Moncler SpA	0-1,300 Lotti	1,300-13,200 Lotti	13,200-26,300 Lotti	>26,300 Lotti
MONC.IT	Moncler SpA	5%	10%	20%	25%
PIA.IT	Piaggio & C. SpA	0-23,900 Lotti	23,900-238,500 Lotti	>238,500 Lotti
PIA.IT	Piaggio & C. SpA	15%	20%	25%
PRY.IT	Prysmian Spa	0-2,200 Lotti	2,200-22,300 Lotti	22,300-44,600 Lotti	>44,600 Lotti
PRY.IT	Prysmian Spa	2%	5%	15%	20%
RCS.IT	RCS MediaGroup SpA	0-46,900 Lotti	46,900-469,000 Lotti	>469,000 Lotti
RCS.IT	RCS MediaGroup SpA	15%	20%	25%
SAL.IT	Salini Impregilo SpA	0-21,600 Lotti	21,600-216,100 Lotti	>216,100 Lotti
SAL.IT	Salini Impregilo SpA	15%	20%	25%
SFER.IT	Salvatore Ferragamo SPA	0-2,500 Lotti	2,500-24,900 Lotti	24,900-49,700 Lotti	>49,700 Lotti
SFER.IT	Salvatore Ferragamo SPA	5%	10%	20%	25%
SIS.IT	Societa Iniziative Autostradali e Servi	0-3,500 Lotti	3,500-35,100 Lotti	>35,100 Lotti
SIS.IT	Societa Iniziative Autostradali e Servi	15%	20%	25%
SPMI.IT	Saipem SpA	0-11,200 Lotti	11,200-111,900 Lotti	111,900-223,700 Lotti	>223,700 Lotti
SPMI.IT	Saipem SpA	2%	5%	15%	20%
SRG.IT	Snam Rete Gas SpA	0-13,200 Lotti	13,200-132,300 Lotti	132,300-264,700 Lotti	>264,700 Lotti
SRG.IT	Snam Rete Gas SpA	2%	5%	15%	20%
STM.IT	STMicro (It)	0-2,600 Lotti	2,600-26,300 Lotti	26,300-52,700 Lotti	>52,700 Lotti
STM.IT	STMicro (It)	2%	5%	15%	20%
TFI.IT	Trevi-Finanziaria Industriale SpA	0-15,500 Lotti	15,500-155,200 Lotti	>155,200 Lotti
TFI.IT	Trevi-Finanziaria Industriale SpA	15%	20%	25%
TLIT.IT	Telecom Italia SpA	0-7,900 Lotti	7,900-79,200 Lotti	79,200-158,500 Lotti	>158,500 Lotti
TLIT.IT	Telecom Italia SpA	2%	5%	15%	20%
TENR.IT	Tenaris S.A.	0-3,300 Lotti	3,300-32,900 Lotti	32,900-65,800 Lotti	>65,800 Lotti
TENR.IT	Tenaris S.A.	2%	5%	15%	20%
TRN.IT	Terna SpA	0-10,600 Lotti	10,600-106,200 Lotti	106,200-212,500 Lotti	>212,500 Lotti
TRN.IT	Terna SpA	2%	5%	15%	20%
TOD.IT	Tod’s SpA	0-800 Lotti	800-8,200 Lotti	8,200-16,400 Lotti	>16,400 Lotti
TOD.IT	Tod’s SpA	5%	10%	20%	25%
CRDI.IT	Unicredit SpA	0-3,500 Lotti	3,500-34,600 Lotti	34,600-69,200 Lotti	>69,200 Lotti
CRDI.IT	Unicredit SpA	2%	5%	15%	20%
UBI.IT	Unione di Banche Italiane	0-13,900 Lotti	13,900-138,800 Lotti	138,800-277,500 Lotti	>277,500 Lotti
UBI.IT	Unione di Banche Italiane	5%	10%	20%	25%
UNI.IT	Unipol Gruppo Finanziario SpA	0-14,900 Lotti	14,900-148,800 Lotti	>148,800 Lotti
UNI.IT	Unipol Gruppo Finanziario SpA	15%	20%	25%
US.IT	UnipolSai	0-26,600 Lotti	26,600-265,800 Lotti	265,800-531,600 Lotti	>531,600 Lotti
US.IT	UnipolSai	2%	5%	15%	20%

Moscow ADRs

Simbolo	Shares	Margin according to position (lots)
MBT.US	Mobile Telesystems OJSC	0-7,700 Lotti	7,700-77,300 Lotti	>77,300 Lotti
MBT.US	Mobile Telesystems OJSC	10%	20%	25%
QIWI.US	QIWI	0-4,000 Lotti	4,000-39,600 Lotti	>39,600 Lotti
QIWI.US	QIWI	15%	20%	25%

Mumbai ADRs

Simbolo	Shares	Margin according to position (lots)
HDB.US	HDFC Bank	0-600 Lotti	600-5,800 Lotti	5,800-11,500 Lotti	>11,500 Lotti
HDB.US	HDFC Bank	5%	10%	20%	25%
IBN.US	ICICI Bank	0-6,100 Lotti	6,100-61,400 Lotti	61,400-122,800 Lotti	>122,800 Lotti
IBN.US	ICICI Bank	2%	5%	15%	20%
INFY.US	Infosys	0-2,900 Lotti	2,900-28,700 Lotti	28,700-57,400 Lotti	>57,400 Lotti
INFY.US	Infosys	2%	5%	15%	20%
TTM.US	Tata Motors	0-3,300 Lotti	3,300-32,600 Lotti	32,600-65,100 Lotti	>65,100 Lotti
TTM.US	Tata Motors	5%	10%	20%	25%
WIT.US	Wipro	0-11,800 Lotti	11,800-117,900 Lotti	>117,900 Lotti
WIT.US	Wipro	15%	20%	25%

New York

Simbolo	Shares	Margin according to position (lots)
AABA.US	Altaba Inc.	0-900 Lotti	900-8,500 Lotti	8,500-17,000 Lotti	>17,000 Lotti
AABA.US	Altaba Inc.	2%	5%	15%	20%
AAPL.US	Apple. Inc	0-300 Lotti	300-2,900 Lotti	2,900-5,700 Lotti	>5,700 Lotti
AAPL.US	Apple. Inc	2%	5%	15%	20%
ADBE.US	Adobe Systems Inc.	0-200 Lotti	200-2,400 Lotti	2,400-4,700 Lotti	>4,700 Lotti
ADBE.US	Adobe Systems Inc.	2%	5%	15%	20%
ALXN.US	ALEXION PHARMACEUTICALS INC	0-350 Lotti	350-3,500 Lotti	3,500-7,000 Lotti	>7,000 Lotti
ALXN.US	ALEXION PHARMACEUTICALS INC	2%	5%	15%	20%
AMGN.US	Amgen, Inc.	0-300 Lotti	300-3,100 Lotti	3,100-6,200 Lotti	>6,200 Lotti
AMGN.US	Amgen, Inc.	2%	5%	15%	20%
AMZN.US	Amazon.com Inc.	0-30 Lotti	30-300 Lotti	300-600 Lotti	>600 Lotti
AMZN.US	Amazon.com Inc.	2%	5%	15%	20%
AXP.US	American Express Company	0-600 Lotti	600-5,800 Lotti	5,800-11,700 Lotti	>11,700 Lotti
AXP.US	American Express Company	2%	5%	15%	20%
BA.US	The Boeing Company	0-200 Lotti	200-1,700 Lotti	1,700-3,500 Lotti	>3,500 Lotti
BA.US	The Boeing Company	2%	5%	15%	20%
BAC.US	Bank of America Corp.	0-1,900 Lotti	1,900-19,000 Lotti	19,000-38,000 Lotti	>38,000 Lotti
BAC.US	Bank of America Corp.	2%	5%	15%	20%
BB.US	BlackBerry Ltd	0-5,700 Lotti	5,700-57,400 Lotti	57,400-114,800 Lotti	>114,800 Lotti
BB.US	BlackBerry Ltd	2%	5%	15%	20%
BBY.US	Best Buy Co Inc	0-800 Lotti	800-7,600 Lotti	7,600-15,300 Lotti	>15,300 Lotti
BBY.US	Best Buy Co Inc	2%	5%	15%	20%
BIDU.US	Baidu, Inc.	0-300 Lotti	300-2,700 Lotti	2,700-5,500 Lotti	>5,500 Lotti
BIDU.US	Baidu, Inc.	2%	5%	15%	20%
BIIB.US	BIOGEN Inc.	0-150 Lotti	150-1,500 Lotti	1,500-3,000 Lotti	>3,000 Lotti
BIIB.US	BIOGEN Inc.	2%	5%	15%	20%
C.US	Citigroup Inc	0-800 Lotti	800-8,300 Lotti	8,300-16,700 Lotti	>16,700 Lotti
C.US	Citigroup Inc	2%	5%	15%	20%
CAT.US	Caterpillar Inc.	0-400 Lotti	400-4,300 Lotti	4,300-8,700 Lotti	>8,700 Lotti
CAT.US	Caterpillar Inc.	2%	5%	15%	20%
CSCO.US	Cisco Systems, Inc.	0-1,400 Lotti	1,400-13,700 Lotti	13,700-27,400 Lotti	>27,400 Lotti
CSCO.US	Cisco Systems, Inc.	2%	5%	15%	20%
CVX.US	Chevron Corporation	0-500 Lotti	500-4,900 Lotti	4,900-9,800 Lotti	>9,800 Lotti
CVX.US	Chevron Corporation	2%	5%	15%	20%
DIS.US	The Walt Disney Company	0-500 Lotti	500-5,300 Lotti	5,300-10,500 Lotti	>10,500 Lotti
DIS.US	The Walt Disney Company	2%	5%	15%	20%
EBAY.US	eBay Inc.	0-1,800 Lotti	1,800-17,600 Lotti	17,600-35,100 Lotti	>35,100 Lotti
EBAY.US	eBay Inc.	2%	5%	15%	20%
F.US	Ford Motor Company	0-6,100 Lotti	6,100-60,500 Lotti	60,500-121,100 Lotti	>121,100 Lotti
F.US	Ford Motor Company	2%	5%	15%	20%
FB.US	Facebook, Inc. A	0-300 Lotti	300-3,300 Lotti	3,300-6,600 Lotti	>6,600 Lotti
FB.US	Facebook, Inc. A	2%	5%	15%	20%
GE.US	General Electric Company	0-4,600 Lotti	4,600-46,400 Lotti	46,400-92,700 Lotti	>92,700 Lotti
GE.US	General Electric Company	2%	5%	15%	20%
GM.US	General Motors Company	0-1,600 Lotti	1,600-16,000 Lotti	16,000-32,000 Lotti	>32,000 Lotti
GM.US	General Motors Company	2%	5%	15%	20%
GOOG.US	Google Inc. C	0-50 Lotti	50-500 Lotti	500-1,000 Lotti	>1,000 Lotti
GOOG.US	Google Inc. C	2%	5%	15%	20%
GRMN.US	Garmin Ltd.	0-900 Lotti	900-9,300 Lotti	>9,300 Lotti
GRMN.US	Garmin Ltd.	10%	20%	25%
GS.US	The Goldman Sachs Group, Inc.	0-300 Lotti	300-2,600 Lotti	2,600-5,100 Lotti	>5,100 Lotti
GS.US	The Goldman Sachs Group, Inc.	2%	5%	15%	20%
HD.US	The Home Depot, Inc.	0-300 Lotti	300-3,000 Lotti	3,000-6,100 Lotti	>6,100 Lotti
HD.US	The Home Depot, Inc.	2%	5%	15%	20%
HOG.US	Harley-Davidson Inc	0-1,400 Lotti	1,400-13,700 Lotti	13,700-27,400 Lotti	>27,400 Lotti
HOG.US	Harley-Davidson Inc	5%	10%	20%	25%
IBM.US	International Business Machines Corporation	0-400 Lotti	400-4,100 Lotti	4,100-8,300 Lotti	>8,300 Lotti
IBM.US	International Business Machines Corporation	2%	5%	15%	20%
INTC.US	Intel Corporation	0-1,200 Lotti	1,200-12,000 Lotti	12,000-23,900 Lotti	>23,900 Lotti
INTC.US	Intel Corporation	2%	5%	15%	20%
JNJ.US	Johnson & Johnson	0-500 Lotti	500-4,600 Lotti	4,600-9,100 Lotti	>9,100 Lotti
JNJ.US	Johnson & Johnson	2%	5%	15%	20%
JPM.US	JPMorgan Chase & Co.	0-500 Lotti	500-5,100 Lotti	5,100-10,300 Lotti	>10,300 Lotti
JPM.US	JPMorgan Chase & Co.	2%	5%	15%	20%
KO.US	The Coca-Cola Company	0-1,300 Lotti	1,300-12,900 Lotti	12,900-25,900 Lotti	>25,900 Lotti
KO.US	The Coca-Cola Company	2%	5%	15%	20%
LRCX.US	LAM RESEARCH CORP	0-250 Lotti	250-2,500 Lotti	2,500-5,000 Lotti	>5,000 Lotti
LRCX.US	LAM RESEARCH CORP	2%	5%	15%	20%
MAR.US	Marriott International Inc	0-500 Lotti	500-5,000 Lotti	5,000-9,900 Lotti	>9,900 Lotti
MAR.US	Marriott International Inc	2%	5%	15%	20%
MCD.US	McDonald’s Corp.	0-400 Lotti	400-3,800 Lotti	3,800-7,500 Lotti	>7,500 Lotti
MCD.US	McDonald’s Corp.	2%	5%	15%	20%
MMM.US	3M Company	0-300 Lotti	300-2,900 Lotti	2,900-5,900 Lotti	>5,900 Lotti
MMM.US	3M Company	2%	5%	15%	20%
MNST.US	Monster Beverage Corp	0-1,000 Lotti	1,000-9,800 Lotti	9,800-19,700 Lotti	>19,700 Lotti
MNST.US	Monster Beverage Corp	2%	5%	15%	20%
MRK.US	Merck & Co. Inc.	0-900 Lotti	900-9,100 Lotti	9,100-18,200 Lotti	>18,200 Lotti
MRK.US	Merck & Co. Inc.	2%	5%	15%	20%
MSFT.US	Microsoft Corporation	0-500 Lotti	500-5,500 Lotti	5,500-10,900 Lotti	>10,900 Lotti
MSFT.US	Microsoft Corporation	2%	5%	15%	20%
NFLX.US	Netflix, Inc.	0-200 Lotti	200-1,700 Lotti	1,700-3,400 Lotti	>3,400 Lotti
NFLX.US	Netflix, Inc.	2%	5%	15%	20%
NKE.US	Nike, Inc.	0-700 Lotti	700-7,400 Lotti	7,400-14,800 Lotti	>14,800 Lotti
NKE.US	Nike, Inc.	2%	5%	15%	20%
NVDA.US	NVIDIA Corporation	0-200 Lotti	200-2,300 Lotti	2,300-4,700 Lotti	>4,700 Lotti
NVDA.US	NVIDIA Corporation	5%	10%	20%	25%
PFE.US	Pfizer Inc.	0-1,500 Lotti	1,500-14,600 Lotti	14,600-29,300 Lotti	>29,300 Lotti
PFE.US	Pfizer Inc.	2%	5%	15%	20%
PG.US	The Procter & Gamble Company	0-700 Lotti	700-7,400 Lotti	7,400-14,700 Lotti	>14,700 Lotti
PG.US	The Procter & Gamble Company	2%	5%	15%	20%
PYPL.US	PayPal Holdings Inc.	0-700 Lotti	700-6,900 Lotti	6,900-13,800 Lotti	>13,800 Lotti
PYPL.US	PayPal Holdings Inc.	2%	5%	15%	20%
T.US	AT&T, Inc.	0-1,800 Lotti	1,800-18,500 Lotti	18,500-36,900 Lotti	>36,900 Lotti
T.US	AT&T, Inc.	2%	5%	15%	20%
TRV.US	The Travelers Companies, Inc.	0-500 Lotti	500-4,600 Lotti	4,600-9,300 Lotti	>9,300 Lotti
TRV.US	The Travelers Companies, Inc.	2%	5%	15%	20%
TSLA.US	Tesla Motors, Inc.	0-200 Lotti	200-1,700 Lotti	1,700-3,400 Lotti	>3,400 Lotti
TSLA.US	Tesla Motors, Inc.	5%	10%	20%	25%
TWTR.US	TWITTER INC	0-1,900 Lotti	1,900-18,800 Lotti	18,800-37,600 Lotti	>37,600 Lotti
TWTR.US	TWITTER INC	5%	10%	20%	25%
TXN.US	Texas Instruments Inc.	0-500 Lotti	500-5,200 Lotti	5,200-10,500 Lotti	>10,500 Lotti
TXN.US	Texas Instruments Inc.	2%	5%	15%	20%
UBER.US	Uber Technologies Inc.	0-600 Lotti	600-6,000 Lotti	6,000-12,000 Lotti	>12,000 Lotti
UBER.US	Uber Technologies Inc.	5%	10%	20%	25%
UNH.US	UnitedHealth Group Incorporated	0-200 Lotti	200-2,300 Lotti	2,300-4,600 Lotti	>4,600 Lotti
UNH.US	UnitedHealth Group Incorporated	2%	5%	15%	20%
UTX.US	United Technologies Corp.	0-400 Lotti	400-4,500 Lotti	4,500-8,900 Lotti	>8,900 Lotti
UTX.US	United Technologies Corp.	2%	5%	15%	20%
V.US	Visa Inc.	0-400 Lotti	400-4,300 Lotti	4,300-8,600 Lotti	>8,600 Lotti
V.US	Visa Inc.	2%	5%	15%	20%
VZ.US	Verizon Communications Inc.	0-1,100 Lotti	1,100-11,300 Lotti	11,300-22,600 Lotti	>22,600 Lotti
VZ.US	Verizon Communications Inc.	2%	5%	15%	20%
WMT.US	Wal-Mart Stores Inc.	0-700 Lotti	700-6,700 Lotti	6,700-13,500 Lotti	>13,500 Lotti
WMT.US	Wal-Mart Stores Inc.	2%	5%	15%	20%
WYNN.US	Wynn Resorts, Limited	0-400 Lotti	400-3,900 Lotti	3,900-7,900 Lotti	>7,900 Lotti
WYNN.US	Wynn Resorts, Limited	2%	5%	15%	20%
XOM.US	Exxon Mobil Corporation	0-700 Lotti	700-7,500 Lotti	7,500-14,900 Lotti	>14,900 Lotti
XOM.US	Exxon Mobil Corporation	2%	5%	15%	20%

New York ETFs

Simbolo	Shares	Margin according to position (lots)
ACWI.US	iShares MSCI ACWI ETF	0-800 Lotti	800-8,200 Lotti	>8,200 Lotti
ACWI.US	iShares MSCI ACWI ETF	15%	20%	25%
DIA.US	SPDR Dow Jones Industrial Average ETF Trust	0-200 Lotti	200-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
DIA.US	SPDR Dow Jones Industrial Average ETF Trust	2%	5%	15%	20%
EEM.US	iShares MSCI Emerging Markets ETF	0-1,400 Lotti	1,400-13,600 Lotti	13,600-27,200 Lotti	>27,200 Lotti
EEM.US	iShares MSCI Emerging Markets ETF	2%	5%	15%	20%
EFA.US	iShares MSCI EAFE ETF	0-900 Lotti	900-8,800 Lotti	8,800-17,600 Lotti	>17,600 Lotti
EFA.US	iShares MSCI EAFE ETF	2%	5%	15%	20%
EWJ.US	iShares MSCI Japan ETF	0-1,000 Lotti	1,000-10,300 Lotti	10,300-20,600 Lotti	>20,600 Lotti
EWJ.US	iShares MSCI Japan ETF	2%	5%	15%	20%
HYG.US	iShares iBoxx $ High Yield Corporate Bond ETF	0-700 Lotti	700-7,000 Lotti	7,000-14,000 Lotti	>14,000 Lotti
HYG.US	iShares iBoxx $ High Yield Corporate Bond ETF	5%	10%	20%	25%
IBB.US	iShares Nasdaq Biotechnology ETF	0-500 Lotti	500-5,100 Lotti	5,100-10,200 Lotti	>10,200 Lotti
IBB.US	iShares Nasdaq Biotechnology ETF	5%	10%	20%	25%
IJR.US	iShares Core S&P Small-Cap ETF	0-700 Lotti	700-6,900 Lotti	6,900-13,700 Lotti	>13,700 Lotti
IJR.US	iShares Core S&P Small-Cap ETF	5%	10%	20%	25%
IYR.US	iShares U.S. Real Estate ETF	0-700 Lotti	700-7,400 Lotti	7,400-14,700 Lotti	>14,700 Lotti
IYR.US	iShares U.S. Real Estate ETF	2%	5%	15%	20%
MUB.US	iShares National Muni Bond ETF	0-600 Lotti	600-5,500 Lotti	>5,500 Lotti
MUB.US	iShares National Muni Bond ETF	15%	20%	25%
QQQ.US	INVESCO QQQ TRUST SERIES 1 ETF	0-300 Lotti	300-3,000 Lotti	3,000-30,000 Lotti	>30,000 Lotti
QQQ.US	INVESCO QQQ TRUST SERIES 1 ETF	2%	5%	15%	20%
SPY.US	SPDR S&P 500 ETF Trust	0-200 Lotti	200-2,000 Lotti	2,000-20,000 Lotti	>20,000 Lotti
SPY.US	SPDR S&P 500 ETF Trust	2%	5%	15%	20%
TIP.US	iShares TIPS Bond ETF	0-500 Lotti	500-5,400 Lotti	>5,400 Lotti
TIP.US	iShares TIPS Bond ETF	10%	20%	25%
XLE.US	Energy Select Sector SPDR Fund	0-800 Lotti	800-8,000 Lotti	8,000-16,000 Lotti	>16,000 Lotti
XLE.US	Energy Select Sector SPDR Fund	2%	5%	15%	20%
XLF.US	Financial Select Sector SPDR Fund	0-2,100 Lotti	2,100-21,200 Lotti	21,200-42,400 Lotti	>42,400 Lotti
XLF.US	Financial Select Sector SPDR Fund	2%	5%	15%	20%
XLI.US	Industrial Select Sector SPDR Fund	0-800 Lotti	800-7,900 Lotti	7,900-15,800 Lotti	>15,800 Lotti
XLI.US	Industrial Select Sector SPDR Fund	2%	5%	15%	20%
XLK.US	Technology Select Sector SPDR Fund	0-800 Lotti	800-8,100 Lotti	8,100-16,300 Lotti	>16,300 Lotti
XLK.US	Technology Select Sector SPDR Fund	2%	5%	15%	20%
XLP.US	Consumer Staples Select Sector SPDR Fund	0-1,100 Lotti	1,100-11,200 Lotti	11,200-22,500 Lotti	>22,500 Lotti
XLP.US	Consumer Staples Select Sector SPDR Fund	2%	5%	15%	20%
XLU.US	Utilities Select Sector SPDR Fund	0-1,100 Lotti	1,100-11,300 Lotti	11,300-22,600 Lotti	>22,600 Lotti
XLU.US	Utilities Select Sector SPDR Fund	5%	10%	20%	25%
XLV.US	Health Care Select Sector SPDR Fund	0-700 Lotti	700-6,700 Lotti	6,700-13,300 Lotti	>13,300 Lotti
XLV.US	Health Care Select Sector SPDR Fund	2%	5%	15%	20%
XLY.US	Consumer Discretionary Select Sector SPDR Fund	0-500 Lotti	500-5,300 Lotti	5,300-10,600 Lotti	>10,600 Lotti
XLY.US	Consumer Discretionary Select Sector SPDR Fund	2%	5%	15%	20%
GDX.US	VanEck Vectors Gold Miners ETF	0-2,900 Lotti	2,900-29,000 Lotti	29,000-57,900 Lotti	>57,900 Lotti
GDX.US	VanEck Vectors Gold Miners ETF	5%	10%	20%	25%
VT.US	Vanguard Total World Stock ETF	0-800 Lotti	800-7,900 Lotti	>7,900 Lotti
VT.US	Vanguard Total World Stock ETF	15%	20%	25%

Paris

Simbolo	Shares	Margin according to position (lots)
AC.FR	Accor SA	0-1,100 Lotti	1,100-11,500 Lotti	11,500-23,000 Lotti	>23,000 Lotti
AC.FR	Accor SA	2%	5%	15%	20%
ACA.FR	Crédit Agricole SA	0-4,000 Lotti	4,000-40,200 Lotti	40,200-80,400 Lotti	>80,400 Lotti
ACA.FR	Crédit Agricole SA	2%	5%	15%	20%
AF.FR	Air France-KLM	0-5,600 Lotti	5,600-55,800 Lotti	55,800-111,700 Lotti	>111,700 Lotti
AF.FR	Air France-KLM	2%	5%	15%	20%
AI.FR	Air Liquide SA	0-500 Lotti	500-4,600 Lotti	4,600-9,200 Lotti	>9,200 Lotti
AI.FR	Air Liquide SA	2%	5%	15%	20%
AIR.FR	AIRBUS GROUP	0-500 Lotti	500-4,600 Lotti	4,600-9,200 Lotti	>9,200 Lotti
AIR.FR	AIRBUS GROUP	2%	5%	15%	20%
ALO.FR	Alstom SA	0-1,300 Lotti	1,300-13,100 Lotti	13,100-26,200 Lotti	>26,200 Lotti
ALO.FR	Alstom SA	2%	5%	15%	20%
BN.FR	Danone SA	0-700 Lotti	700-7,300 Lotti	7,300-14,700 Lotti	>14,700 Lotti
BN.FR	Danone SA	2%	5%	15%	20%
BNP.FR	BNP Paribas SA	0-900 Lotti	900-9,200 Lotti	9,200-18,500 Lotti	>18,500 Lotti
BNP.FR	BNP Paribas SA	2%	5%	15%	20%
CA.FR	Carrefour SA	0-3,200 Lotti	3,200-32,200 Lotti	32,200-64,400 Lotti	>64,400 Lotti
CA.FR	Carrefour SA	2%	5%	15%	20%
CAP.FR	Cap Gemini SA	0-500 Lotti	500-4,600 Lotti	4,600-9,100 Lotti	>9,100 Lotti
CAP.FR	Cap Gemini SA	5%	10%	20%	25%
CS.FR	AXA Group	0-2,200 Lotti	2,200-22,500 Lotti	22,500-44,900 Lotti	>44,900 Lotti
CS.FR	AXA Group	5%	10%	20%	25%
DG.FR	VINCI SA	0-600 Lotti	600-5,900 Lotti	5,900-11,800 Lotti	>11,800 Lotti
DG.FR	VINCI SA	2%	5%	15%	20%
DSY.FR	Dassault Systemes	0-400 Lotti	400-3,900 Lotti	3,900-7,800 Lotti	>7,800 Lotti
DSY.FR	Dassault Systemes	5%	10%	20%	25%
EDF.FR	EDF SA	0-3,800 Lotti	3,800-37,600 Lotti	37,600-75,100 Lotti	>75,100 Lotti
EDF.FR	EDF SA	2%	5%	15%	20%
EN.FR	Bouygues SA	0-1,300 Lotti	1,300-13,400 Lotti	13,400-26,700 Lotti	>26,700 Lotti
EN.FR	Bouygues SA	2%	5%	15%	20%
ENGI.FR	ENGIE SA	0-3,700 Lotti	3,700-37,300 Lotti	37,300-74,700 Lotti	>74,700 Lotti
ENGI.FR	ENGIE SA	2%	5%	15%	20%
FR.FR	Valeo SA	0-1,200 Lotti	1,200-11,900 Lotti	11,900-23,700 Lotti	>23,700 Lotti
FR.FR	Valeo SA	5%	10%	20%	25%
FP.FR	Total SA	0-900 Lotti	900-9,000 Lotti	9,000-18,100 Lotti	>18,100 Lotti
FP.FR	Total SA	2%	5%	15%	20%
GLE.FR	Société Générale Group	0-1,300 Lotti	1,300-13,400 Lotti	13,400-26,900 Lotti	>26,900 Lotti
GLE.FR	Société Générale Group	2%	5%	15%	20%
KER.FR	Kering	0-100 Lotti	100-1,100 Lotti	1,100-2,100 Lotti	>2,100 Lotti
KER.FR	Kering	2%	5%	15%	20%
KN.FR	Natixis SA	0-8,100 Lotti	8,100-81,200 Lotti	81,200-162,300 Lotti	>162,300 Lotti
KN.FR	Natixis SA	2%	5%	15%	20%
LR.FR	LEGRAND	0-800 Lotti	800-7,900 Lotti	7,900-15,900 Lotti	>15,900 Lotti
LR.FR	LEGRAND	5%	10%	20%	25%
MC.FR	LVMH Moet Hennessy Louis Vuitton	0-200 Lotti	200-1,600 Lotti	1,600-3,300 Lotti	>3,300 Lotti
MC.FR	LVMH Moet Hennessy Louis Vuitton	2%	5%	15%	20%
ML.FR	Michelin SCA	0-400 Lotti	400-4,500 Lotti	4,500-8,900 Lotti	>8,900 Lotti
ML.FR	Michelin SCA	2%	5%	15%	20%
MMB.FR	Lagardère SCA	0-2,000 Lotti	2,000-20,000 Lotti	20,000-40,100 Lotti	>40,100 Lotti
MMB.FR	Lagardère SCA	5%	10%	20%	25%
ORA.FR	ORANGE SA	0-3,500 Lotti	3,500-34,600 Lotti	34,600-69,200 Lotti	>69,200 Lotti
ORA.FR	ORANGE SA	2%	5%	15%	20%
OR.FR	L’Oréal SA	0-200 Lotti	200-2,400 Lotti	2,400-4,800 Lotti	>4,800 Lotti
OR.FR	L’Oréal SA	2%	5%	15%	20%
PUB.FR	Publicis Groupe SA	0-900 Lotti	900-9,100 Lotti	9,100-18,200 Lotti	>18,200 Lotti
PUB.FR	Publicis Groupe SA	2%	5%	15%	20%
RI.FR	Pernod-Ricard SA	0-400 Lotti	400-3,600 Lotti	3,600-7,100 Lotti	>7,100 Lotti
RI.FR	Pernod-Ricard SA	2%	5%	15%	20%
RMS.FR	Hermes International	0-100 Lotti	100-900 Lotti	900-1,800 Lotti	>1,800 Lotti
RMS.FR	Hermes International	5%	10%	20%	25%
RNO.FR	Renault	0-700 Lotti	700-6,900 Lotti	6,900-13,700 Lotti	>13,700 Lotti
RNO.FR	Renault	5%	10%	20%	25%
SAF.FR	SAFRAN	0-500 Lotti	500-4,700 Lotti	4,700-9,300 Lotti	>9,300 Lotti
SAF.FR	SAFRAN	5%	10%	20%	25%
SAN.FR	Sanofi SA	0-700 Lotti	700-6,800 Lotti	6,800-13,700 Lotti	>13,700 Lotti
SAN.FR	Sanofi SA	2%	5%	15%	20%
SEV.FR	Suez Environnement Company SA	0-4,000 Lotti	4,000-39,600 Lotti	>39,600 Lotti
SEV.FR	Suez Environnement Company SA	15%	20%	25%
SGO.FR	Saint-Gobain	0-1,400 Lotti	1,400-13,600 Lotti	13,600-27,100 Lotti	>27,100 Lotti
SGO.FR	Saint-Gobain	2%	5%	15%	20%
SU.FR	Schneider Electric SA	0-700 Lotti	700-7,200 Lotti	7,200-14,400 Lotti	>14,400 Lotti
SU.FR	Schneider Electric SA	5%	10%	20%	25%
TFI.FR	Television Francaise 1 SA	0-5,500 Lotti	5,500-55,000 Lotti	>55,000 Lotti
TFI.FR	Television Francaise 1 SA	15%	20%	25%
UBI.FR	Ubisoft Entertainment SA	0-500 Lotti	500-5,300 Lotti	>5,300 Lotti
UBI.FR	Ubisoft Entertainment SA	15%	20%	25%
UG.FR	Peugeot SA	0-2,000 Lotti	2,000-19,900 Lotti	19,900-39,800 Lotti	>39,800 Lotti
UG.FR	Peugeot SA	2%	5%	15%	20%
VIE.FR	Veolia Environnement SA	0-2,700 Lotti	2,700-26,700 Lotti	26,700-53,300 Lotti	>53,300 Lotti
VIE.FR	Veolia Environnement SA	2%	5%	15%	20%
VIV.FR	Vivendi	0-2,300 Lotti	2,300-22,700 Lotti	22,700-45,500 Lotti	>45,500 Lotti
VIV.FR	Vivendi	2%	5%	15%	20%

Santiago de Chile ADRs

Simbolo	Shares	Margin according to position (lots)
BSAC.US	Banco Santander Chile	0-1,900 Lotti	1,900-18,800 Lotti	>18,800 Lotti
BSAC.US	Banco Santander Chile	15%	20%	25%
ENIA.US	Enersis	0-7,300 Lotti	7,300-73,300 Lotti	>73,300 Lotti
ENIA.US	Enersis	15%	20%	25%
LFL.US	Latam Airlines Group	0-6,000 Lotti	6,000-59,600 Lotti	>59,600 Lotti
LFL.US	Latam Airlines Group	15%	20%	25%
SQM.US	Soc. Quimica y Minera de Chile – B Shares	0-1,300 Lotti	1,300-12,500 Lotti	>12,500 Lotti
SQM.US	Soc. Quimica y Minera de Chile – B Shares	10%	20%	25%

São Paulo ADRs

Simbolo	Shares	Margin according to position (lots)
ABEV.US	AmBev	0-11,900 Lotti	11,900-118,800 Lotti	118,800-237,600 Lotti	>237,600 Lotti
ABEV.US	AmBev	5%	10%	20%	25%
BAK.US	Braskem	0-2,100 Lotti	2,100-20,500 Lotti	>20,500 Lotti
BAK.US	Braskem	15%	20%	25%
BBD.US	Banco Bradesco	0-7,600 Lotti	7,600-75,600 Lotti	75,600-151,100 Lotti	>151,100 Lotti
BBD.US	Banco Bradesco	2%	5%	15%	20%
BRFS.US	BRF S.A.	0-10,300 Lotti	10,300-102,900 Lotti	>102,900 Lotti
BRFS.US	BRF S.A.	10%	20%	25%
BSBR.US	Banco Santander Brasil NYSE	0-6,200 Lotti	6,200-62,000 Lotti	62,000-124,100 Lotti	>124,100 Lotti
BSBR.US	Banco Santander Brasil NYSE	5%	10%	20%	25%
CBD.US	Companhia Brasileira de Distribuicao-CBD	0-2,800 Lotti	2,800-28,500 Lotti	>28,500 Lotti
CBD.US	Companhia Brasileira de Distribuicao-CBD	10%	20%	25%
CIG.US	Companhia Energetica de Minas Gerais-CEMIG	0-28,800 Lotti	28,800-288,500 Lotti	>288,500 Lotti
CIG.US	Companhia Energetica de Minas Gerais-CEMIG	10%	20%	25%
CPL.US	CPFL Energia	0-5,300 Lotti	5,300-53,100 Lotti	>53,100 Lotti
CPL.US	CPFL Energia	15%	20%	25%
EBR.US	Centrais Eletricas Brasileiras (Electrobras)	0-14,200 Lotti	14,200-141,800 Lotti	>141,800 Lotti
EBR.US	Centrais Eletricas Brasileiras (Electrobras)	15%	20%	25%
ELP.US	Comp. Paranaense de Energia-COPEL	0-11,400 Lotti	11,400-114,100 Lotti	>114,100 Lotti
ELP.US	Comp. Paranaense de Energia-COPEL	15%	20%	25%
ERJ.US	Embraer	0-3,100 Lotti	3,100-31,100 Lotti	31,100-62,200 Lotti	>62,200 Lotti
ERJ.US	Embraer	5%	10%	20%	25%
GGB.US	Gerdau	0-13,800 Lotti	13,800-138,200 Lotti	>138,200 Lotti
GGB.US	Gerdau	10%	20%	25%
GOL.US	Gol	0-8,800 Lotti	8,800-88,200 Lotti	>88,200 Lotti
GOL.US	Gol	15%	20%	25%
ITUB.US	Itau Unibanco	0-5,100 Lotti	5,100-50,900 Lotti	50,900-101,800 Lotti	>101,800 Lotti
ITUB.US	Itau Unibanco	2%	5%	15%	20%
PBR.A.US	aPetroleo Brasileiro-Petrobras	0-5,000 Lotti	5,000-50,200 Lotti	50,200-100,300 Lotti	>100,300 Lotti
PBR.A.US	aPetroleo Brasileiro-Petrobras	2%	5%	15%	20%
SBS.US	Sebesp	0-8,700 Lotti	8,700-86,800 Lotti	>86,800 Lotti
SBS.US	Sebesp	10%	20%	25%
SID.US	Companhia Siderurgica Nacional-CSN	0-24,600 Lotti	24,600-245,900 Lotti	>245,900 Lotti
SID.US	Companhia Siderurgica Nacional-CSN	10%	20%	25%
TSU.US	TIM Participacoes	0-3,900 Lotti	3,900-39,100 Lotti	>39,100 Lotti
TSU.US	TIM Participacoes	10%	20%	25%
UGP.US	Ultrapar	0-5,200 Lotti	5,200-51,900 Lotti	>51,900 Lotti
UGP.US	Ultrapar	15%	20%	25%
VALE.P.US	Vale SA	0-4,400 Lotti	4,400-44,100 Lotti	44,100-88,100 Lotti	>88,100 Lotti
VALE.P.US	Vale SA	5%	10%	20%	25%
VIV.US	Telefonica Brasil	0-5,600 Lotti	5,600-55,700 Lotti	>55,700 Lotti
VIV.US	Telefonica Brasil	10%	20%	25%

Seoul ADRs

Simbolo	Shares	Margin according to position (lots)
KEP.US	Korea Electric Power	0-4,400 Lotti	4,400-43,700 Lotti	>43,700 Lotti
KEP.US	Korea Electric Power	15%	20%	25%
KT.US	KT	0-4,300 Lotti	4,300-43,400 Lotti	>43,400 Lotti
KT.US	KT	15%	20%	25%
LPL.US	LG Display	0-6,200 Lotti	6,200-61,700 Lotti	>61,700 Lotti
LPL.US	LG Display	15%	20%	25%
SKM.US	SK Telecom	0-2,300 Lotti	2,300-23,400 Lotti	>23,400 Lotti
SKM.US	SK Telecom	10%	20%	25%

Shanghai ADRs

Simbolo	Shares	Margin according to position (lots)
BABA.US	Alibaba Group Holding Ltd	0-300 Lotti	300-3,400 Lotti	3,400-6,800 Lotti	>6,800 Lotti
BABA.US	Alibaba Group Holding Ltd	2%	5%	15%	20%
BITA.US	Bitauto	0-2,600 Lotti	2,600-26,500 Lotti	26,500-52,900 Lotti	>52,900 Lotti
BITA.US	Bitauto	2%	5%	15%	20%
CCIH.US	ChinaCache	0-51,700 Lotti	51,700-517,200 Lotti	>517,200 Lotti
CCIH.US	ChinaCache	15%	20%	25%
CEO.US	China National Offshore Oil-CNOOC	0-400 Lotti	400-3,700 Lotti	>3,700 Lotti
CEO.US	China National Offshore Oil-CNOOC	15%	20%	25%
CHL.US	China Mobile	0-1,300 Lotti	1,300-13,200 Lotti	13,200-26,400 Lotti	>26,400 Lotti
CHL.US	China Mobile	5%	10%	20%	25%
CHU.US	China Unicom	0-4,900 Lotti	4,900-48,800 Lotti	>48,800 Lotti
CHU.US	China Unicom	15%	20%	25%
CTRP.US	CTrip.com International	0-1,500 Lotti	1,500-14,900 Lotti	14,900-29,700 Lotti	>29,700 Lotti
CTRP.US	CTrip.com International	2%	5%	15%	20%
CYOU.US	Changyou.com	0-4,400 Lotti	4,400-43,600 Lotti	>43,600 Lotti
CYOU.US	Changyou.com	15%	20%	25%
DL.US	China Distance Education	0-7,800 Lotti	7,800-77,900 Lotti	>77,900 Lotti
DL.US	China Distance Education	15%	20%	25%
EDU.US	New Oriental Education & Technology	0-700 Lotti	700-6,900 Lotti	>6,900 Lotti
EDU.US	New Oriental Education & Technology	10%	20%	25%
FENG.US	Phoenix New Media	0-13,900 Lotti	13,900-138,600 Lotti	>138,600 Lotti
FENG.US	Phoenix New Media	15%	20%	25%
JD.US	JD.com	0-1,700 Lotti	1,700-16,700 Lotti	16,700-33,300 Lotti	>33,300 Lotti
JD.US	JD.com	2%	5%	15%	20%
JMEI.US	Jumei	0-35,300 Lotti	35,300-352,900 Lotti	>352,900 Lotti
JMEI.US	Jumei	10%	20%	25%
JRJC.US	China Finance Online	0-31,100 Lotti	31,100-310,900 Lotti	>310,900 Lotti
JRJC.US	China Finance Online	15%	20%	25%
LFC.US	China Life Insurance	0-4,900 Lotti	4,900-48,800 Lotti	>48,800 Lotti
LFC.US	China Life Insurance	15%	20%	25%
NOAH.US	Noah Holdings	0-1,400 Lotti	1,400-13,700 Lotti	>13,700 Lotti
NOAH.US	Noah Holdings	15%	20%	25%
NTES.US	NetEase	0-300 Lotti	300-2,700 Lotti	2,700-5,300 Lotti	>5,300 Lotti
NTES.US	NetEase	5%	10%	20%	25%
PTR.US	PetroChina	0-800 Lotti	800-7,900 Lotti	>7,900 Lotti
PTR.US	PetroChina	15%	20%	25%
SFUN.US	Fang Holdings Limited	0-19,700 Lotti	19,700-196,700 Lotti	>196,700 Lotti
SFUN.US	Fang Holdings Limited	15%	20%	25%
SNP.US	China Petroleum & Chemical	0-600 Lotti	600-6,300 Lotti	>6,300 Lotti
SNP.US	China Petroleum & Chemical	15%	20%	25%
SOL.US	ReneSola	0-25,400 Lotti	25,400-254,200 Lotti	>254,200 Lotti
SOL.US	ReneSola	15%	20%	25%
VIPS.US	Vipshop	0-6,600 Lotti	6,600-65,800 Lotti	65,800-131,600 Lotti	>131,600 Lotti
VIPS.US	Vipshop	2%	5%	15%	20%
VNET.US	21Vianet	0-6,700 Lotti	6,700-67,500 Lotti	>67,500 Lotti
VNET.US	21Vianet	15%	20%	25%
WB.US	Weibo Corporation	0-700 Lotti	700-7,500 Lotti	>7,500 Lotti
WB.US	Weibo Corporation	10%	20%	25%
WBAI.US	500.com	0-4,500 Lotti	4,500-45,100 Lotti	>45,100 Lotti
WBAI.US	500.com	15%	20%	25%
WUBA.US	58.com	0-900 Lotti	900-8,900 Lotti	>8,900 Lotti
WUBA.US	58.com	15%	20%	25%
YY.US	YY Inc.	0-700 Lotti	700-6,800 Lotti	6,800-13,600 Lotti	>13,600 Lotti
YY.US	YY Inc.	2%	5%	15%	20%

Sydney ADRs

Simbolo	Shares	Margin according to position (lots)
BHP.US	BHP Billiton	0-1,200 Lotti	1,200-12,000 Lotti	12,000-23,900 Lotti	>23,900 Lotti
BHP.US	BHP Billiton	5%	10%	20%	25%
GENE.US	Genetic Technologies	0-53,600 Lotti	53,600-535,700 Lotti	>535,700 Lotti
GENE.US	Genetic Technologies	15%	20%	25%

Taipei ADRs

Simbolo	Shares	Margin according to position (lots)
ASX.US	Advanced Semiconductor Engineering	0-12,000 Lotti	12,000-120,200 Lotti	>120,200 Lotti
ASX.US	Advanced Semiconductor Engineering	15%	20%	25%
AUO.US	AU Optronics	0-13,900 Lotti	13,900-138,600 Lotti	>138,600 Lotti
AUO.US	AU Optronics	15%	20%	25%
HIMX.US	Himax Technologies	0-9,000 Lotti	9,000-90,500 Lotti	90,500-181,000 Lotti	>181,000 Lotti
HIMX.US	Himax Technologies	5%	10%	20%	25%
SIMO.US	Silicon Motion Technology	0-1,000 Lotti	1,000-10,400 Lotti	>10,400 Lotti
SIMO.US	Silicon Motion Technology	15%	20%	25%
TSM.US	Taiwan Semiconductor Manufacturing	0-1,400 Lotti	1,400-14,300 Lotti	14,300-28,700 Lotti	>28,700 Lotti
TSM.US	Taiwan Semiconductor Manufacturing	2%	5%	15%	20%

Tel Aviv ADRs

Simbolo	Shares	Margin according to position (lots)
ALLT.US	Allot Communications Ltd.	0-9,600 Lotti	9,600-96,000 Lotti	>96,000 Lotti
ALLT.US	Allot Communications Ltd.	15%	20%	25%
ARCT.US	Arcturus Therapeutics Ltd.	0-7,800 Lotti	7,800-77,600 Lotti	>77,600 Lotti
ARCT.US	Arcturus Therapeutics Ltd.	15%	20%	25%
AUDC.US	AudioCodes Ltd.	0-5,900 Lotti	5,900-58,700 Lotti	>58,700 Lotti
AUDC.US	AudioCodes Ltd.	15%	20%	25%
CAMT.US	Camtek Ltd.	0-6,500 Lotti	6,500-64,700 Lotti	>64,700 Lotti
CAMT.US	Camtek Ltd.	15%	20%	25%
CGEN.US	Compugen Ltd.	0-19,700 Lotti	19,700-196,700 Lotti	>196,700 Lotti
CGEN.US	Compugen Ltd.	15%	20%	25%
CHKP.US	Check Point Software Technologies Ltd.	0-500 Lotti	500-5,300 Lotti	>5,300 Lotti
CHKP.US	Check Point Software Technologies Ltd.	10%	20%	25%
CRNT.US	Ceragon Networks Ltd.	0-17,600 Lotti	17,600-176,500 Lotti	>176,500 Lotti
CRNT.US	Ceragon Networks Ltd.	15%	20%	25%
CSTE.US	CaesarStone Sdot-Yam Ltd.	0-3,200 Lotti	3,200-32,300 Lotti	>32,300 Lotti
CSTE.US	CaesarStone Sdot-Yam Ltd.	10%	20%	25%
OTIV.US	On Track Innovations Ltd	0-56,600 Lotti	56,600-566,000 Lotti	>566,000 Lotti
OTIV.US	On Track Innovations Ltd	15%	20%	25%
PERI.US	Perion Network Ltd	0-56,600 Lotti	56,600-566,000 Lotti	>566,000 Lotti
PERI.US	Perion Network Ltd	15%	20%	25%
RADA.US	Rada Electronics Industries Limited	0-22,600 Lotti	22,600-226,400 Lotti	>226,400 Lotti
RADA.US	Rada Electronics Industries Limited	15%	20%	25%
RDWR.US	Radware Ltd.	0-2,200 Lotti	2,200-21,900 Lotti	>21,900 Lotti
RDWR.US	Radware Ltd.	15%	20%	25%
TEVA.US	Teva Pharmaceutical Industries Limited	0-2,700 Lotti	2,700-26,900 Lotti	26,900-53,800 Lotti	>53,800 Lotti
TEVA.US	Teva Pharmaceutical Industries Limited	2%	5%	15%	20%
TSEM.US	Tower Semiconductor Ltd.	0-2,900 Lotti	2,900-29,300 Lotti	>29,300 Lotti
TSEM.US	Tower Semiconductor Ltd.	15%	20%	25%
WIX.US	Wix.com Ltd.	0-600 Lotti	600-5,700 Lotti	>5,700 Lotti
WIX.US	Wix.com Ltd.	15%	20%	25%

Tokyo ADRs

Simbolo	Shares	Margin according to position (lots)
CAJ.US	Canon	0-1,900 Lotti	1,900-18,600 Lotti	>18,600 Lotti
CAJ.US	Canon	15%	20%	25%
HMC.US	Honda Motor	0-2,000 Lotti	2,000-19,800 Lotti	>19,800 Lotti
HMC.US	Honda Motor	15%	20%	25%
MFG.US	Mizuho Financial	0-16,900 Lotti	16,900-169,000 Lotti	>169,000 Lotti
MFG.US	Mizuho Financial	15%	20%	25%
MUFG.US	Mitsubishi UFJ Financial	0-9,000 Lotti	9,000-90,500 Lotti	>90,500 Lotti
MUFG.US	Mitsubishi UFJ Financial	15%	20%	25%
NMR.US	Nomura	0-12,900 Lotti	12,900-129,300 Lotti	>129,300 Lotti
NMR.US	Nomura	15%	20%	25%
SMFG.US	Sumitomo Mitsui Financial	0-7,500 Lotti	7,500-75,500 Lotti	>75,500 Lotti
SMFG.US	Sumitomo Mitsui Financial	15%	20%	25%
SNE.US	Sony	0-1,100 Lotti	1,100-10,800 Lotti	10,800-21,700 Lotti	>21,700 Lotti
SNE.US	Sony	5%	10%	20%	25%
TM.US	Toyota Motor	0-500 Lotti	500-4,800 Lotti	>4,800 Lotti
TM.US	Toyota Motor	10%	20%	25%

Il livello di Close-out per i conti Professionali è fissato al 30%

Si prega di consultare in basso le soglie di Margine Richiesto per i clienti con piattaforma ActivTrader. Ove il margine richiesto superi le soglie stabilite in basso, si applicherà alla leva il rispettivo coefficiente, per ciascuno strumento di trading, sulla parte della posizione che eccede la soglia stessa.

Margine Richiesto in EUR	Coefficiente
150k – 300k	0.5
>300k	0.25

Margine Richiesto in USD e CHF	Coefficiente
180k – 360k	0.5
>360k	0.25

Margine Richiesto in GBP	Coefficiente
130k – 260k	0.5
>260k	0.25

Esempio:

Un cliente con un conto denominato in EUR e leva 1:400 ha una posizione Long per 340 lotti di EURUSD.

Il margine richiesto per questa posizione è 140.000 EUR

50.000 EUR per i primi 200 lotti con leva 1:400
50.000 EUR per i successivi 100 lotti con leva 1:200
40.000 EUR per gli ultimi 40 lotti con leva 1:100

La successiva posizione Buy per 20 lotti di EURUSD utilizzerà 30.000 EUR di margine

10.000 EUR per i primi 10 lotti – portando il Margine Richiesto a 150.000 EUR
20.000 EUR per i successivi 10 lotti – leva 1:50 (coefficiente 0,5 applicato alla leva 1:100)

Un cliente può avere posizioni su diversi strumenti che allo stesso modo portano il margine richiesto al di sopra delle soglie specificate.

Ad esempio, un cliente con conto denominato in EUR e leva 1:400 ha una posizione Long per 90 lotti di Ger30 (al prezzo di 11.000)
e una posizione Short su GOLD per 100 lotti (al prezzo di 1.380).

Il margine richiesto totale è di 140.000 EUR

27.500 EUR per i primi 40 lotti della posizione Long su Ger30 con leva 1:400
55.000 EUR per i successivi 40 lotti della posizione Long su Ger30 con leva 1:200
27.500 EUR per gli ultimi 10 lotti della posizione Long su Ger30 con leva 1:100
34.500 USD per i 100 lotti della posizione Short su GOLD con leva 1:400 (30.000 EUR con EURUSD = 1,1500)

La successiva posizione Buy per 80 lotti di EURUSD utilizzerà 30.000 EUR di margine

10.000 EUR per i primi 40 lotti con leva 1:400 – portando il margine richiesto a 150.000 EUR
20.000 EUR per i successivi 40 lotti – leva 1:200 (coefficiente 0,5 applicato alla leva 1:400)

Se un cliente possiede più di 1 conto, le soglie di Margine Richiesto sono ridotte in proporzione al numero di conti. Pertanto, un cliente con 2 conti denominati in EUR avrà le soglie di Margine Richiesto in EUR ridotte della metà per ciascun conto.

La piattaforma ActivTrader mostrerà l’esatto margine richiesto per ogni posizione che i clienti intendono aprire.

Si prega di consultare in basso le leve massime per i clienti al dettaglio secondo la normativa ESMA

Azioni & ETF

Leva Massima 1:5

Margine 20%

Livello di Close-out 50%

AMSTERDAM
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
AGN.NE	AEGONadh	5%	15%
AD.NE	AHOLD	5%	15%
AKZA.NE	Akzo Nobel NVhd	5%	15%
ASML.NE	ASML HOLD	5%	15%
BOKA.NE	BOSKALIS WESTMIN	5%	15%
DSM.NE	DSM	5%	15%
FUR.NE	FUGRO	5%	15%
GTO.NE	GEMALTO	10%	30%
HEIA.NE	HEINEKEN	5%	15%
INGA.NE	ING GROEP	5%	15%
KPN.NE	KONINKLIJKE KPN NV	5%	15%
MT.NE	ArcelorMittal REG	5%	15%
OCI.NE	Oci NV	5%	15%
PHIA.NE	ROY.PHILIPS ELECTR	5%	15%
RAND.NE	RANDSTAD HOLDING	5%	15%
RDSA.NE	ROYAL DUTCH SHELL-A	5%	15%
SBMO.NE	SBM OFFSHORE	5%	15%
UNA.NE	UNILEVER CERT	5%	15%
WKL.NE	WOLTERS KLUWER	5%	15%

BOGOTA ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
AVAL.US	Grupo Aval Acciones Y Valores S.A. (AVAL)	20%	40%
CIB.US	BANCOLOMBIA SA	20%	40%
EC.US	ECOPETROL SA	20%	40%

BRUSSELS
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ABI.BE	Anheuser-Busch InBev	5%	15%
ACKB.BE	Ackermans & van Haaren NV	20%	40%
AGS.BE	Ageas SA	5%	15%
BEFB.BE	Befimmo-Sicafi	20%	40%
BEKB.BE	Bekaert	10%	30%
BPOST.BE	BPOST NV	5%	15%
COLR.BE	Colruyt	10%	30%
COFB.BE	COFINIMMO	10%	30%
DIE.BE	D’Ieteren SA	20%	40%
ELI.BE	ELIA	20%	40%
GBLB.BE	Groupe Bruxelles Lambert SA	10%	30%
KBC.BE	KBC Group	5%	15%
SOLB.BE	Solvay	5%	15%
TNET.BE	Telenet Group	5%	15%
UCB.BE	UCB SA	10%	30%
UMI.BE	Umicore SA	5%	15%
WDP.BE	Warehouses De Pauw SCA	20%	30%

BUENOS AIRES ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
BFR.US	BBVA Banco Frances	30%	50%
CRESY.US	Cresud	30%	50%
GGAL.US	Grupo Financiero Galicia	30%	50%
PAM.US	Pampa Energia	30%	50%
TEO.US	Telecom Argentina	30%	50%
TGS.US	Transportadora de Gas del Sur	30%	50%
TS.US	Tenaris	20%	40%
TX.US	Ternium	30%	50%
YPF.US	YPF	10%	30%

FRANKFURT
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ADS.GE	Adidas AG	5%	15%
ALV.GE	Allianz SE	5%	15%
BAS.GE	BASF SE	5%	15%
BAYN.GE	Bayer AG	5%	15%
BEI.GE	Beiersdorf AG	5%	15%
BMW.GE	Bayerische Motoren Werke AG	5%	15%
CBK.GE	Commerzbank AG	10%	30%
CON.GE	Continental AG	5%	15%
DAI.GE	Daimler AG	5%	15%
DBK.GE	Deutsche Bank AG	10%	30%
DB1.GE	Deutsche Boerse AG	5%	15%
DPW.GE	Deutsche Post AG	5%	15%
DTE.GE	Deutsche Telekom AG	5%	15%
EOAN.GE	E.ON SE	10%	30%
FME.GE	Fresenius Medical Care AG & Co KGaA	5%	15%
FRE.GE	Fresenius SE & Co KGaA	5%	15%
HEI.GE	HeidelbergCement AG	5%	15%
HEN3.GE	Henkel AG & Co KGaA	5%	15%
IFX.GE	Infineon Technologies AG	5%	15%
LHA.GE	Deutsche Lufthansa AG	5%	15%
LXS.GE	LANXESS AG	5%	15%
LIN.GE	Linde AG	5%	15%
MRK.GE	Merck KGaA	5%	15%
MUV2.GE	Muenchener Rueckversicherungs AG	5%	15%
PSM.GE	ProSiebenSat.1 Media SE	10%	30%
RWE.GE	RWE AG	5%	15%
SAP.GE	SAP AG (Ger)	5%	15%
SIE.GE	Siemens AG	5%	15%
TKA.GE	ThyssenKrupp AG	10%	30%
VNA.GE	Vonovia SE	10%	30%
VOW3.GE	Volkswagen AG	5%	15%
WDI.GE	Wirecard AG	10%	30%
1COV.GE	COVESTRO AG	10%	30%

HONG KONG ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
MLCO.US	Melco Crown Entertainment	10%	30%

JOHANNESBURG ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
AU.US	AngloGold Ashanti	30%	50%
GFI.US	Gold Fields	20%	40%
HMY.US	Harmony Gold	30%	50%
SBGL.US	Sibanye Gold	30%	50%
SSL.US	Sasol	30%	50%

LIMA ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
BVN.US	CIA DE MINAS BUENAVENTURA SA	30%	50%

LISBON
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ALTR.PO	Altri SGPS SA	20%	50%
BCP.PO	Banco Comercial Portugues	10%	30%
CTT.PO	CTT CORREIOS PORT	5%	15%
EDP.PO	Energias De Portugal SA	5%	15%
EDPR.PO	EDP Renovaveis SA	10%	30%
EGL.PO	Mota Engil SGPS SA	20%	50%
GALP.PO	Galp Energia SGPS SA	5%	15%
JMT.PO	Jeronimo Martins	5%	15%
NOS.PO	NOS SGPS	20%	40%
PHR.PO	Pharol SGPS SA	5%	15%
NVG.PO	Portucel Emp Prod de Pasta e Papel	20%	40%
RENE.PO	Redes Energeticas Nacionais SA	20%	40%
SEM.PO	Semapa-Sociedade De Investim	20%	40%
SON.PO	SONAE SGPS SA	30%	50%

LONDON
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ADM.UK	Admiral Group Plc	10%	30%
AGK.UK	Aggreko Plc	10%	30%
AAL.UK	Anglo American Plc	5%	15%
ANTO.UK	Antofagasta Plc	5%	15%
AHT.UK	Ashtead Group PLC	10%	30%
ABF.UK	Associated British Foods Plc	10%	30%
AZN.UK	AstraZeneca Plc	5%	15%
AV.UK	Aviva Plc	5%	15%
BAB.UK	Babcock International Group	10%	30%
BA.UK	BAE Systems Plc	5%	15%
BARC.UK	Barclays Plc	10%	30%
BDEV.UK	Barratt Developments Plc	5%	15%
BLT.UK	BHP Billiton Plc	5%	15%
BP.UK	BP Plc	5%	15%
BATS.UK	British American Tobacco Plc (LSE)	5%	15%
BLND.UK	British Land Co Plc	5%	15%
BTA.UK	BT Group Plc	5%	15%
BNZL.UK	Bunzl Plc	10%	30%
BRBY.UK	Burberry Group Plc	5%	15%
CCL.UK	Carnival Plc	5%	15%
CCH.UK	Coca-Cola HBC AG	20%	40%
CNA.UK	Centrica Plc	5%	15%
CNE.UK	Cairn Energy PLC	5%	15%
CPG.UK	Compass Group Plc	5%	15%
CPI.UK	Capita Group Plc	10%	30%
CRH.UK	CRH (LSE)	5%	15%
DGE.UK	Diageo Plc	5%	15%
EXPN.UK	Experian Group Ltd	5%	15%
EZJ.UK	easyJet Plc.	10%	30%
FRES.UK	Fresnillo Plc	5%	15%
GFS.UK	G4S PLC	10%	30%
GNK.UK	Greene King plc	5%	15%
GSK.UK	GlaxoSmithKline Plc	5%	15%
GLEN.UK	Glencore Inernational Plc (LSE)	10%	30%
HMSO.UK	Hammerson Plc	10%	30%
HL.UK	Hargreaves Lansdown Plc	10%	30%
HSBA.UK	HSBC Holdings Plc (LSE)	5%	15%
IAG.UK	International Consolidated Airlines Grou	5%	10%
III.UK	3i Group PLC	10%	30%
IMI.UK	IMI Plc	10%	30%
IMB.UK	Imperial Tobacco Group Plc	5%	15%
INTU.UK	Intu Properties PLC	10%	30%
IHG.UK	Intercontinental Hotels Group Plc	5%	15%
ITRK.UK	Intertek Group Plc	10%	30%
ITV.UK	ITV Plc	10%	30%
JMAT.UK	Johnson Matthey Plc	10%	30%
KGF.UK	Kingfisher Plc	5%	15%
LAND.UK	Land Securities Group Plc	5%	15%
LGEN.UK	Legal & General Group Plc	5%	15%
LLOY.UK	Lloyds Banking Group Plc	5%	15%
LSE.UK	London Stock Exchange Group Plc	10%	30%
MKS.UK	Marks & Spencer Group Plc	5%	15%
MGGT.UK	Meggitt Plc	10%	30%
MNDI.UK	Mondi PLC	10%	30%
MRW.UK	Morrison WM Supermarkets	5%	15%
NG.UK	National Grid Plc	5%	15%
NXT.UK	Next Plc	5%	15%
PMO.UK	Premier Oil PLC	5%	15%
PSON.UK	Pearson Plc	5%	15%
PSN.UK	Persimmon PLC	10%	30%
PFC.UK	Petrofac Ltd	5%	15%
PRU.UK	Prudential Plc	5%	15%
RB.UK	Reckitt Benckiser Plc	5%	15%
REL.UK	Reed Elsevier Plc	5%	15%
RIO.UK	Rio Tinto Plc	5%	15%
RR.UK	Rolls-Royce Group Plc	5%	15%
RSA.UK	Royal & Sun Alliance Insurance	10%	30%
RBS.UK	Royal Bank of Scotland Group Plc	5%	15%
RDSA.UK	Royal Dutch Shell Plc – A	5%	15%
RDSB.UK	Royal Dutch Shell Plc – B	5%	15%
RMG.UK	Royal Mail PLC	10%	30%
SGE.UK	Sage Group Plc	10%	30%
SBRY.UK	Sainsbury’s Plc	5%	15%
SDR.UK	Schroders Plc	10%	30%
SSE.UK	Scottish & Southern Energy Plc	5%	15%
STJ.UK	St. James’s Place Plc	5%	15%
SVT.UK	Severn Trent Plc	10%	30%
SN.UK	Smith & Nephew Plc	5%	15%
SMIN.UK	Smiths Group Plc	10%	30%
SPD.UK	Sports Direct International PLC	10%	30%
STAN.UK	Standard Chartered Plc	5%	15%
SLA.UK	Standard Life Plc	10%	30%
TCG.UK	Thomas Cook Group plc	5%	15%
TSCO.UK	Tesco Plc	5%	15%
TPK.UK	Travis Perkins PLC	10%	30%
TUI.UK	TUI AG	10%	30%
TLW.UK	Tullow Oil Plc	5%	15%
ULVR.UK	Unilever Plc	5%	15%
UU.UK	United Utilities Plc	5%	15%
VOD.UK	Vodafone Group Plc	5%	15%
WEIR.UK	Weir Group Plc	5%	15%
WMH.UK	William Hill plc	5%	15%
WTB.UK	Whitbread Plc	10%	30%
FERG.UK	Wolseley Plc	5%	15%
WPP.UK	WPP Group Plc	5%	15%

MADRID
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ACS.ES	ACS Actividades de Construccion y Servicios SA	10%	30%
ACX.ES	Acerinox SA	10%	30%
AENA.ES	AENA S.A.	10%	30%
AMS.ES	Amadeus IT Holding SA	5%	15%
ANA.ES	Acciona SA	10%	30%
BBVA.ES	Banco Bilbao Vizcaya Argentaria SA	5%	15%
BKIA.ES	Bankia SA	10%	30%
BKT.ES	Bankinter SA	20%	40%
CABK.ES	CaixaBank SA	10%	30%
CLNX.ES	Cellnex Telecom SA	30%	50%
COL.ES	Inmobiliaria Colonial SA	30%	50%
DIDA.ES	Distribuidora Internacional de Alimentacion SA	10%	30%
ELE.ES	Endesa SA	10%	30%
ENG.ES	Enagas SA	20%	40%
FER.ES	Ferrovial SA	10%	30%
SGRE.ES	Siemens Gamesa Renewable Energy SA	10%	30%
NTGY.ES	Naturgy Energy Group SA	10%	30%
GRF.ES	Grifols SA	10%	30%
IAG.ES	International Consolidated Airlines Group SA	5%	15%
IBE.ES	Iberdrola SA	5%	15%
IDR.ES	Indra Sistemas SA	20%	40%
ITX.ES	Industria de Diseno Textil SA	5%	15%
MAP.ES	Mapfre SA	20%	40%
MEL.ES	Melia Hotels International SA	20%	40%
MRL.ES	Merlin Properties Socimi SA	30%	50%
MTS.ES	ArcelorMittal	10%	30%
REE.ES	Red Electrica Corporacion SA	10%	30%
REP.ES	Repsol SA	5%	15%
SAB.ES	Banco de Sabadell SA	10%	30%
SAN.ES	Banco Santander SA	5%	15%
TEF.ES	Telefonica SA	5%	15%
TL5.ES	Mediaset Espana Comunicacion SA	10%	30%
TRE.ES	Tecnicas Reunidas SA	20%	40%
VIS.ES	Viscofan SA	20%	40%

MADRID ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
BBVA.US	Banco Bilbao Vizcaya Argentaria	30%	50%
GRFS.US	Grifols	30%	50%
SAN.US	Banco Santander	20%	40%
TEF.US	Telefónica	30%	50%

MEXICO CITY ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
AMX.US	America Movil – L Shares	5%	15%
BSMX.US	Santander Mexico	30%	50%
CX.US	Cemex	5%	15%
FMX.US	Fomento Economico Mexicano	10%	30%
KOF.US	Coca-Cola Femsa	30%	50%
OMAB.US	Grupo Aeroportuario (OMA)	30%	50%
PAC.US	Grupo Aeroportuario del Pacifico	30%	50%
TV.US	Grupo Televisa	10%	30%
VLRS.US	Controladora Vuela Compania de Aviacion S.A.B. de C.V. – Volaris	30%	50%

MILAN
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
A2.IT	A2A SpA	10%	30%
ATL.IT	Atlantia SpA	5%	15%
AGL.IT	Autogrill SpA	10%	30%
AZMT.IT	Azimut Holding SpA	10%	30%
BAMI.IT	Banco Bmp SpA	10%	30%
BMED.IT	BANCA MEDIOLANUM SPA	10%	30%
BMPS.IT	Banca Monte dei Paschi di Siena SpA	20%	40%
BPE.IT	Banca Popolare dell’Emilia Romagna SC	20%	40%
BZU.IT	Buzzi Unicem Spa	10%	30%
CNHI.IT	CNH Industrial NV	5%	15%
CPRI.IT	Davide Campari-Milano SpA	10%	30%
FBK.IT	FinecoBank Banca Fineco SpA	10%	30%
ENEI.IT	Enel SpA	5%	15%
ENI.IT	ENI SpA	5%	15%
ERG.IT	ERG S.p.A	30%	50%
EXOR.IT	Exor SpA	10%	30%
FCA.IT	Fiat Chrysler Automobiles NV	5%	15%
GASI.IT	Assicurazioni Generali SpA	5%	15%
GEO.IT	Geox SpA	30%	50%
ISP.IT	Intesa Sanpaolo SpA	5%	15%
JUVE.IT	Juventus Football Club SpA	10%	30%
LDO.IT	Finmeccanica SpA	5%	15%
MS.IT	Mediaset SpA	5%	15%
MDBI.IT	Mediobanca SpA	5%	15%
MONC.IT	Moncler SpA	10%	30%
PIA.IT	Piaggio & C. SpA	30%	50%
PRY.IT	Prysmian Spa	5%	15%
RCS.IT	RCS MediaGroup SpA	30%	50%
SAL.IT	Salini Impregilo SpA	30%	50%
SFER.IT	Salvatore Ferragamo SPA	10%	30%
SIS.IT	Societa Iniziative Autostradali e Servi	30%	50%
SPMI.IT	Saipem SpA	5%	15%
SRG.IT	Snam Rete Gas SpA	5%	15%
STM.IT	STMicro (It)	5%	15%
TFI.IT	Trevi-Finanziaria Industriale SpA	30%	50%
TLIT.IT	Telecom Italia SpA	5%	15%
TENR.IT	Tenaris S.A.	5%	15%
TRN.IT	Terna SpA	5%	15%
TOD.IT	Tod’s SpA	10%	30%
CRDI.IT	Unicredit SpA	5%	15%
UBI.IT	Unione di Banche Italiane	10%	30%
UNI.IT	Unipol Gruppo Finanziario SpA	30%	50%
US.IT	UnipolSai	5%	15%

MOSCOW ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
MBT.US	Mobile Telesystems OJSC	20%	40%
QIWI.US	QIWI	30%	50%

MUMBAI ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
HDB.US	HDFC Bank	10%	30%
IBN.US	ICICI Bank	5%	15%
INFY.US	Infosys	5%	15%
TTM.US	Tata Motors	10%	30%
WIT.US	Wipro	30%	50%

NEW YORK
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
AABA.US	Altaba Inc.	5%	15%
AAPL.US	Apple. Inc	5%	15%
ADBE.US	Adobe Systems Inc.	5%	15%
ALXN.US	Alexion Pharmaceuticals Inc.	5%	15%
AMGN.US	Amgen, Inc.	5%	15%
AMZN.US	Amazon.com Inc.	5%	15%
AXP.US	American Express Company	5%	15%
BA.US	The Boeing Company	5%	15%
BAC.US	Bank of America Corp.	5%	15%
BB.US	BlackBerry Ltd	5%	15%
BBY.US	Best Buy Co Inc	5%	15%
BIDU.US	Baidu, Inc.	5%	15%
BIIB.US	BIOGEN Inc.	5%	15%
C.US	Citigroup Inc	5%	15%
CAT.US	Caterpillar Inc.	5%	15%
CSCO.US	Cisco Systems, Inc.	5%	15%
CVX.US	Chevron Corporation	5%	15%
DIS.US	The Walt Disney Company	5%	15%
EBAY.US	eBay Inc.	5%	15%
F.US	Ford Motor Company	5%	15%
FB.US	Facebook, Inc. A	5%	15%
GE.US	General Electric Company	5%	15%
GM.US	General Motors Company	5%	15%
GOOG.US	Google Inc. C	5%	15%
GRMN.US	Garmin Ltd.	20%	40%
GS.US	The Goldman Sachs Group, Inc.	5%	15%
HD.US	The Home Depot, Inc.	5%	15%
HOG.US	Harley-Davidson Inc	10%	30%
IBM.US	International Business Machines Corporation	5%	15%
INTC.US	Intel Corporation	5%	15%
JNJ.US	Johnson & Johnson	5%	15%
JPM.US	JPMorgan Chase & Co.	5%	15%
KO.US	The Coca-Cola Company	5%	15%
LRCX.US	LAM RESEARCH CORP	5%	15%
MAR.US	Marriott International Inc	5%	15%
MCD.US	McDonald’s Corp.	5%	15%
MMM.US	3M Company	5%	15%
MNST.US	Monster Beverage Corp	5%	15%
MRK.US	Merck & Co. Inc.	5%	15%
MSFT.US	Microsoft Corporation	5%	15%
NFLX.US	Netflix, Inc.	5%	15%
NKE.US	Nike, Inc.	5%	15%
NVDA.US	NVIDIA Corporation	10%	30%
PFE.US	Pfizer Inc.	5%	15%
PG.US	The Procter & Gamble Company	5%	15%
PYPL.US	PayPal Holdings Inc.	5%	15%
T.US	AT&T, Inc.	5%	15%
TRV.US	The Travelers Companies, Inc.	5%	15%
TSLA.US	Tesla Motors, Inc.	10%	30%
TWTR.US	TWITTER INC	10%	30%
TXN.US	Texas Instruments Inc.	5%	15%
UBER.US	Uber Technologies Inc.	10%	30%
UNH.US	UnitedHealth Group Incorporated	5%	15%
UTX.US	United Technologies Corp.	5%	15%
V.US	Visa Inc.	5%	15%
VZ.US	Verizon Communications Inc.	5%	15%
WMT.US	Wal-Mart Stores Inc.	5%	15%
WYNN.US	Wynn Resorts, Limited	5%	15%
XOM.US	Exxon Mobil Corporation	5%	15%

NEW YORK ETFs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ACWI.US	iShares MSCI ACWI ETF	30%	50%
DIA.US	SPDR Dow Jones Industrial Average ETF Trust	5%	15%
EEM.US	iShares MSCI Emerging Markets ETF	5%	15%
EFA.US	iShares MSCI EAFE ETF	5%	15%
EWJ.US	iShares MSCI Japan ETF	5%	15%
HYG.US	iShares iBoxx $ High Yield Corporate Bond ETF	10%	30%
IBB.US	iShares Nasdaq Biotechnology ETF	10%	30%
IJR.US	iShares Core S&P Small-Cap ETF	10%	30%
IYR.US	iShares U.S. Real Estate ETF	5%	15%
MUB.US	iShares National Muni Bond ETF	30%	50%
QQQ.US	INVESCO QQQ TRUST SERIES 1 ETF	5%	15%
SPY.US	SPDR S&P 500 ETF Trust	5%	15%
TIP.US	iShares TIPS Bond ETF	20%	40%
XLE.US	Energy Select Sector SPDR Fund	5%	15%
XLF.US	Financial Select Sector SPDR Fund	5%	15%
XLI.US	Industrial Select Sector SPDR Fund	5%	15%
XLK.US	Technology Select Sector SPDR Fund	5%	15%
XLP.US	Consumer Staples Select Sector SPDR Fund	5%	15%
XLU.US	Utilities Select Sector SPDR Fund	10%	30%
XLV.US	Health Care Select Sector SPDR Fund	5%	15%
XLY.US	Consumer Discretionary Select Sector SPDR Fund	5%	15%
GDX.US	VanEck Vectors Gold Miners ETF	10%	30%
VT.US	Vanguard Total World Stock ETF	30%	50%

PARIS
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
AC.FR	Accor SA	5%	15%
ACA.FR	Crédit Agricole SA	5%	15%
AF.FR	Air France-KLM	5%	15%
AI.FR	Air Liquide SA	5%	15%
AIR.FR	AIRBUS GROUP	5%	15%
ALO.FR	Alstom SA	5%	15%
BN.FR	Danone SA	5%	15%
BNP.FR	BNP Paribas SA	5%	15%
CA.FR	Carrefour SA	5%	15%
CAP.FR	Cap Gemini SA	10%	30%
CS.FR	AXA Group	10%	30%
DG.FR	VINCI SA	5%	15%
DSY.FR	Dassault Systemes	10%	30%
EDF.FR	EDF SA	5%	15%
EL.FR	EssilorLuxottica	5%	15%
EN.FR	Bouygues SA	5%	15%
ENGI.FR	ENGIE SA	5%	15%
FR.FR	Valeo SA	10%	30%
FP.FR	Total SA	5%	15%
GLE.FR	Société Générale Group	5%	15%
KER.FR	Kering	5%	15%
KN.FR	Natixis SA	5%	7%
LR.FR	LEGRAND	10%	30%
MC.FR	LVMH Moet Hennessy Louis Vuitton	5%	15%
ML.FR	Michelin SCA	5%	15%
MMB.FR	Lagardère SCA	10%	30%
ORA.FR	ORANGE SA	5%	15%
OR.FR	L’Oréal SA	5%	15%
PUB.FR	Publicis Groupe SA	5%	15%
RI.FR	Pernod-Ricard SA	5%	15%
RMS.FR	Hermes International	10%	30%
RNO.FR	Renault	10%	30%
SAF.FR	SAFRAN	10%	30%
SAN.FR	Sanofi SA	5%	15%
SEV.FR	Suez Environnement Company SA	30%	50%
SGO.FR	Saint-Gobain	5%	15%
SU.FR	Schneider Electric SA	10%	30%
TFI.FR	Television Francaise 1 SA	30%	50%
UBI.FR	Ubisoft Entertainment SA	30%	50%
UG.FR	Peugeot SA	5%	15%
VIE.FR	Veolia Environnement SA	5%	15%
VIV.FR	Vivendi	5%	15%

SANTIAGO DE CHILE ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
BSAC.US	Banco Santander Chile	30%	50%
ENIA.US	Enersis	30%	50%
LFL.US	Latam Airlines Group	30%	50%
SQM.US	Soc. Quimica y Minera de Chile – B Shares	20%	40%

SÃO PAULO ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ABEV.US	AmBev	10%	30%
BAK.US	Braskem	30%	50%
BBD.US	Banco Bradesco	5%	15%
BRFS.US	BRF S.A.	20%	40%
BSBR.US	Banco Santander Brasil NYSE	10%	30%
CBD.US	Companhia Brasileira de Distribuicao-CBD	20%	40%
CIG.US	Companhia Energetica de Minas Gerais-CEMIG	20%	40%
CPL.US	CPFL Energia	30%	50%
EBR.US	Centrais Eletricas Brasileiras (Electrobras)	30%	50%
ELP.US	Comp. Paranaense de Energia-COPEL	30%	50%
ERJ.US	Embraer	10%	30%
GGB.US	Gerdau	20%	40%
GOL.US	Gol	30%	50%
ITUB.US	Itau Unibanco	5%	15%
PBR.A.US	aPetroleo Brasileiro-Petrobras	5%	15%
SBS.US	Sebesp	20%	40%
SID.US	Companhia Siderurgica Nacional-CSN	20%	40%
TSU.US	TIM Participacoes	20%	40%
UGP.US	Ultrapar	30%	50%
VALE.P.US	Vale SA	10%	30%
VIV.US	Telefonica Brasil	20%	40%

SEOUL ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
KEP.US	Korea Electric Power	30%	50%
KT.US	KT	30%	50%
LPL.US	LG Display	30%	50%
SKM.US	SK Telecom	20%	40%

SHANGHAI ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
BABA.US	Alibaba Group Holding Ltd	5%	15%
BITA.US	Bitauto	5%	15%
CCIH.US	ChinaCache	30%	50%
CEO.US	China National Offshore Oil-CNOOC	30%	50%
CHL.US	China Mobile	10%	30%
CHU.US	China Unicom	30%	50%
CTRP.US	CTrip.com International	5%	15%
CYOU.US	Changyou.com	30%	50%
DL.US	China Distance Education	30%	50%
EDU.US	New Oriental Education & Technology	20%	40%
FENG.US	Phoenix New Media	30%	50%
JD.US	JD.com	5%	15%
JMEI.US	Jumei	20%	40%
JRJC.US	China Finance Online	30%	50%
LFC.US	China Life Insurance	30%	50%
NOAH.US	Noah Holdings	30%	50%
NTES.US	NetEase	10%	30%
PTR.US	PetroChina	30%	50%
SFUN.US	Fang Holdings Limited	30%	50%
SNP.US	China Petroleum & Chemical	30%	50%
SOL.US	ReneSola	30%	50%
VIPS.US	Vipshop	5%	15%
VNET.US	21Vianet	30%	50%
WB.US	Weibo Corporatio	20%	40%
WBAI.US	500.com	30%	50%
WUBA.US	58.com	30%	50%
YY.US	YY Inc.	5%	15%

SYDNEY ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
BHP.US	BHP Billiton	10%	30%
GENE.US	Genetic Technologies	30%	50%

TAIPEI ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ASX.US	Advanced Semiconductor Engineering	30%	50%
AUO.US	AU Optronics	30%	50%
HIMX.US	Himax Technologies	10%	30%
SIMO.US	Silicon Motion Technology	30%	50%
TSM.US	Taiwan Semiconductor Manufacturing	5%	15%

TEL AVIV ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
ALLT.US	Allot Communications Ltd.	30%	50%
ARCT.US	Arcturus Therapeutics Ltd.	30%	50%
AUDC.US	AudioCodes Ltd.	30%	50%
CALL.US	magicJack VocalTec Ltd	30%	50%
CAMT.US	Camtek Ltd.	30%	50%
CGEN.US	Compugen Ltd.	30%	50%
CHKP.US	Check Point Software Technologies Ltd.	20%	40%
CRNT.US	Ceragon Networks Ltd.	30%	50%
CSTE.US	CaesarStone Sdot-Yam Ltd.	20%	40%
OTIV.US	On Track Innovations Ltd	30%	50%
PERI.US	Perion Network Ltd	30%	50%
RADA.US	Rada Electronics Industries Limited	30%	50%
RDWR.US	Radware Ltd.	30%	50%
TEVA.US	Teva Pharmaceutical Industries Limited	5%	15%
TSEM.US	Tower Semiconductor Ltd.	30%	50%
WIX.US	Wix.com Ltd.	30%	50%

TOKYO ADRs
Codice	Azioni	Margine 1(*)	Margine 2(*)	Short
CAJ.US	Canon	30%	50%
HMC.US	Honda Motor	30%	50%
MFG.US	Mizuho Financial	30%	50%
MUFG.US	Mitsubishi UFJ Financial	30%	50%
NMR.US	Nomura	30%	50%
SMFG.US	Sumitomo Mitsui Financial	30%	50%
SNE.US	Sony	10%	30%
TM.US	Toyota Motor	20%	40%

Attenzione: ai clienti istituzionali sono applicati margini differenti. Per maggiori informazioni sui margini applicati ai clienti istituzionali, ti preghiamo di contattare il desk dedicato tramite email a institutionaldesk@actvitrades.com o via telefono al +44 (0) 207 680 7345.

Volumi degli ordini sui CFD azionari

Le azioni inglesi sono negoziate per lotti. 1 lotto corrisponde a 100 azioni, pertanto se desideri negoziare una singola azione devi inserire un volume pari a 0,01.

Per tutte le altre borse, le azioni sono negoziate attraverso CFD per singole azioni, pertanto se vuoi negoziare 1 singola azione devi inserire un volume pari a 1. Per queste borse il volume minimo consentito è 1.

Marginazione
(*) Il Margine 1 viene applicato ai conti con controvalore fino a 25.000 euro, mentre il Margine 2 viene applicato ai conti con controvalore sopra i 25.001 Euro. Per maggiori informazioni ti invitiamo a contattarci tramite email a italiandesk@activtrades.com.

Si prega di tener conto che i requisiti di margine sono soggetti a modifiche temporanee senza alcun obbligo di preavviso sulla base di notizie e annunci straordinari, inclusi gli eventi corporativi.

*Azioni e ETF con requisiti di margine 1 al 30% verranno mantenuti tali anche sotto la regolamentazione ESMA.

Indicazioni operative

I CFD azionari sono disponibili sulla piattaforma MT5, per visualizzarli è sufficiente cliccare con il tasto destro del mouse all’interno della finestra “Osservatorio del Mercato” e selezionare l’opzione “Mostra Tutto”.