Schedule 3 Deemed authorisation period: Part IV Permission

1. (a)

   Contract for differences (excluding a spread bet and a rolling spot forex contract);

2. (b)

   Option (excluding a commodity option and an option on a commodity future);

3. (c)

   Certificate representing certain security;

4. (d)

   Government and public security;

5. (e)

   Instrument giving entitlements to investments;

6. (f)

   Future (excluding a commodity future and a rolling spot forex contract);

7. (g)

   Rolling spot forex contract;

8. (h)

   Instrument creating or acknowledging indebtedness;

9. (i)

   Right to or interest in investments (security);

10. (j)

    Right to or interest in investments (contractually based investments)

1. (a)

   Contract for differences (excluding a spread bet and a rolling spot forex contract);

2. (b)

   Option (excluding a commodity option and an option on a commodity future);

3. (c)

   Future (excluding a commodity future and a rolling spot forex contract);

4. (d)

   Rolling spot forex contract;

5. (e)

   Right to or interest in investments (contractually based investments)

For the purposes of this activity, the permission is limited to BCo carrying on the activity in the manner specified in article 16(1)(a) or (b) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001^f1.

For the purposes of this activity, the permission to deal in the type of investment specified in (e) extends only to the types of investments specified in (a) to (d)