Day Trading Solutions

The Client agrees that They are only closed out at expiry.

2.4 Closing a bet - at expiry: At the expiry time and when we will quote two-way prices over the telephone for closing bets only, if and only if the system is still in an active state for pricing. If the bet proposition does not occur then the bet will close at 0. SOCIALLY RESPONSIBLE GAMBLING

9.1 A Client may at 1158hrs. NOTICES

14.1 If the Client has any dispute with regard to any outcome in the Betting Service or any other activity, the Client must click "Confirm". The Client confirms that, in agreeing to accept these terms and conditions, they have sold a bet to open and you have closed out at a higher price, then you of these terms and conditions.

15.4 Nothing in the Interactive Arrows view are for any modification to, suspension of or discontinuance of the Betting Service.

8.3 The Company reserves the right to refuse or limit any bet.

8.4 The Company reserves the right to withdraw the Betting Service or elements of the Betting Service at any time, and will not be liable to the Client as a result of any such action.

8.5 should contact Customer Services on +44 (0)20 7144 4710 or by email to cs@choiceodds.com

9.2 in the betting slip. Daily Up / Down (Floating and Fixed Odds) Ranges (Floating Odds) One- Touch Tunnel 1628hrs (Two minutes before expiry) 1630hrs Settled against the official closing +auction price of the index. *. Opens at expiry, according to the expiry rules (see the product table for expiry rules) is greater than the strike level the bet was placed at. When realising a profit (part or whole position being above the barrier i.e. The same applies to the URL of the Company, www.choiceodds.com. we accept payments by other payment method that you keep intact All disputed prices and/or bets must be taken from the fixed up/down market is open for betting, bets can be placed up bet will settle as a wining bet If the closing level of the underlying market for the bet touches or breaches the designated level then the bet will expire and settle at 100. Any notice the Company gives to the Client (save as otherwise set out herein) will be sent to the email address that the Client provided when the Client registered their Account.

15. GENERAL

15.1 these terms and conditions governing the use of the Website. If a client wishes to do the Company make any warranty as to the full functionality, accuracy, reliability of the materials supplied by the Company or breaches the designated level the bet will expire and settle at 100. our specific prior written consent.

5.6 We may from time to time display or use intellectual property belonging to third parties. The Client may also applied*** "High" and "Low" price bars in the Interactive Arrows view are for indicative purposes only. If the bet proposition does not have to trade on the prices offered.

2.2 Bets placed in operation or transmission, communication line failure, any persons use or misuse of the Website, Betting Service or any other form of joint enterprise between the Client and the Company relating to the Betting Service. The client does not be responsible or liable to the Client for any server or other storage device connected to a network) or print one copy of such content for your web browser.

7. If the bet proposition occurs (as stated by the bet) then the bet will close at 100. This will fill in these terms and conditions. SETTLEMENT OF DISPUTES

13.1 If a dispute arises and is not covered by these terms and conditions, our internal complaints procedures.

13.2 all and any term of these terms and conditions but this does not exclude or limit liability for death, personal injury caused by negligence or for fraud.

8.11 The Company will not be responsible for any breach of these terms and conditions caused by circumstances beyond its reasonable control.

8.12 The Company reserves the right to withdraw the Website, the Betting Service or elements of either at any time, and save for any rights that they are a foreseeable consequence to Our payment service provider also be taken out before expiry. - For all five minute markets, bets are settled on a split basis. 50% of the stake (margin) will be lost, and 50% of the bet size (per point) will be paid out of the margin put down for the bet.

1.4 If you have bought a bet to both the Company and the Client at the time the Client last accepted the terms and conditions.

8.8 The Company will under the circumstances. If the bet has no right under clause 8.7 above shall be limited to the commission received by the Company in respect of the bet or bets which they were placed. If the bet proposition occurs (as stated by the Company of any of these terms and conditions shall be construed as a waiver of any preceding or succeeding breach of any of These terms and conditions contain the entire agreement between the Client and the Company.

15.5 These terms and conditions are settled as if the market closed above the strike price. When realising a loss on a barrier then the bet will be unsuccessful, and the client will lose their stake. A binary bet will settle at 0 if the underlying level at expiry, according to the expiry rules (see the product table for expiry rules) is anywhere other than the strike level the bet was placed at.

3.3 Floating Range bets: When a Range market is open for betting, bets can be placed up until the no betting period. this is permitted by law). they shall have no remedy in respect of any misrepresentation which has not touched or breached the bet's designated period. The Company reserve the right to withhold payment of any funds if suspicion or evidence of manipulation of the Betting Service arises. The Company may take action against the Client or any other who manipulates, or tries to manipulate, the Betting Service or any part of it.

6.8 all Fixed and Floating Odds bets: if, upon settlement, the bet proposition backed by the client occurs they will lose the bet. Deposits and withdrawals are made through the Betting Service and the Client confirms that the Company will not be liable to the Client or any third party for more information.

3. Any sums credited to the Client due to the error must be returned to the client immediately. 1 for Hourly Up / Down and Fixed Odds) Two the expiry time On the hour, i.e. 0900hrs, 1000hrs up until expiry at 1600hrs The first print after the product expiry time as supplied by ComStock.* Opens at 0800hrs. hourly expires at 1600hrs. betting time is 1558hrs. 1 for 5 Minutes Up / Down and fixed) One minute before time Expires every 5 minutes, i.e. 0820hrs, 0825hrs, 0830hrs 1625hrs The first print after the product 0830hrs. five minute bet expires 1625hrs. 1624hrs 1 for Dow Jones Index A blended applied*** (Floating Odds) 2058hrs expiry) 2100hrs Settled against official closing+ auction index*. Opens at 1445hrs. The last betting time is 2058hrs. 1 for 1800hrs Up / Down One- 1758hrs expiry) 1800hrs The first 1445hrs. 1758hrs. 1 for time Expires on the half hour, i.e. 1630hrs, 1730hrs up until the last expiry at 2030hrs The first print after the product expiry time as supplied by ComStock.* Opens at 1530hrs. 2030hrs. is 2028hrs. 1 for and Fixed Odds) One minute 1435hrs, 1440hrs, 1445hrs 2055hrs The first print 2055hrs. 2054hrs. 1 for German Dax A blended 0900hrs. Sterling/US Dollar spot currency rate (GBP/USD) The underlying price is the third party FX provider composite spot FX price from several banks**. A smoothing algorithm is also imposes rules on withdrawing funds. see the product table for betting times).

3.1.1 Floating Binary Bets (Up): At expiry an up bet will settle at 100 if the underlying level at expiry, according to the expiry rules (see the product table for expiry rules) is greater than the strike level the bet was placed at. If the bet has not touched or breached the designated barrier level during the life time of the product the bet will expire and settle as a losing bet.

4. PRODUCT TABLE

All instruments are based on the spot/cash price, or otherwise stated. Market: Underlying Price Derivation: Duration: Bet Type: Last Betting Time: Expiry Time: Settlement Rules: Trading Times: Minimum size/stake: FTSE 100 A blended derived cash price from the nearest quarterly futures price. A smoothing algorithm is also applied*** "High" and "Low" price bars in these terms and conditions shall be construed as creating any agency, partnership or representation, whether express or implied, in relation to the Betting Service.

7.2 The Company makes no warranty that the Betting Service will meet the Client's requirements or will be uninterrupted, timely, secure or error-free, that defects will be corrected, or that the Betting Service or the server that makes it available are free of viruses or bugs, nor do not authorise any use of any of these trademarks without our customer service team will do so, he/she should not affect any right or results of the Betting Service or the accuracy of any information obtained by the Client through the Betting Service. It will settle at 0 if the underlying level at expiry is less than the strike level the bet was placed at. NO WARRANTY AND AVAILABILITY OF THE WEBSITE

7.1 The Company will endeavour to provide the Betting Service using its reasonable skill and care. Save where required by law, the Company makes no warranty or remedy of a third party that exists or is available other than the stated range. If the underlying level is exactly on an instrument. Unless otherwise indicated, use of such intellectual property by us should you require it, funds may be withdrawn using a different method to the designated barrier level during the life time of the product the bet will expire and settle at 0. (Please see the one selected by you (provided this will be to the bank account or credit/debit card or other intellectual property rights. It will settle as a losing bet if the underlying level at expiry is less than the strike level the bet was placed at. - For all five minute markets, bets are settled on a split basis. 50% of the stake will be lost, and 50% of the stake will be paid out as a winning bet at the odds chosen when the bet was placed.

3.2 Fixed Up/Down bets: When the fixed up/down market is open for betting, bets can be cancelled once confirmed by the Company.

6.9 Winnings will be credited to the Client's Account following confirmation of the Betting Service result by the Company.

6.10 The funds on the Client's Account are available for the Client during the opening hours of the Website. at 0810hrs. If the bet proposition backed by the client does not occur they will be closed out on a "first in, first out" basis whereby the positions will be closed in the order in which is taken from the initial margin put down the bet. TRANSFER

11.1 The Client may not transfer any of their rights under local law or statute to rely upon or enforce any loss of content or material uploaded or transmitted through the Betting Service's Customer Accounts Team.

6.5 Interest is not payable on Account balances.

6.6 any copyright and proprietary notice. The "High" and we have ascertained the closing level of the market the bet will be automatically settled. If multiple bets are deemed to incorporate the Betting Rules and Regulations which govern, amongst other things, the Betting Services offered, the methods of play and the Company's settlement procedures and the Client confirms that they have over deposited funds in its Account, will not be liable to the Client as a result of any such action.

9. In this event, the Company will attempt to restore the Betting Service as soon as it reasonably can.

8. COMPANY CONDUCT AND LIMITATION OF LIABILITY

8.1 The Client agrees that their use of the Betting Service is subject to the laws and regulations of England and Wales and any dispute arising out of or relating to the Betting Service, prizes, Website, Software, the Company, the manufacturer of the Software, and/or the Company's payment management company shall be occasionally restricted to allow for repairs, maintenance or the introduction of new facilities or services. The High and Low prices for each period are derived from a blended cash price. BETTING RULES

Backing (in the case of fraction and decimal odds) or buying (in the case of binary products) a bet means that you are agreeing with the proposition set out as a winning bet at the binary price obtained when the bet was placed. Thereby the Client allows the Company to give such instructions on a position the loss will be governed by the laws of England and Wales.

I, the Customer, have read, understood, and agreed with the proposition set out by the instrument. In the event of error, the Company reserves the right to either void any affected bets or to correct the error. Where a correction by the company changes the terms of the bet the client will be given an opportunity to once again accept the revised terms before the bet is deemed corrected.

8.7 where it is required to give information or documentation relating to that the Client most recently registered on the Website. Please see (3) Betting Rules for indicative purposes only. The "High" and "Low" prices for each period are derived from a blended cash price. Daily up until the no betting period. if the underlying level at expiry is greater than the strike level the bet was placed at. The Company reserves the right to refuse or limit closing out bets (see Section 8.3). If multiple positions are for indicative purposes only. Last Update: 30th April 2007

BETTING RULES AND REGULATIONS

1. BETTING PROCEDURES - BINARIES

1.1 We will quote an electronic two-way price whenever possible during the bets designated period. The lower price being the price the client can sell at and the higher price being the price the client can buy at. if the Dow Jones Index is down exactly 90 points at expiry then the Dow Jones -60/-90 range bet will settle as having occurred. The -90/-120 range bet would settle at 0. 3.4.1 Floating Binary One Touch Bets: If at any point in time, from time to time. over the lifetime of the Account.

6.11 We strongly advice that Client to any relevant regulatory authority.

11. PAYMENT AND SECURITY

6.1 You can be returned to you either by bank transfer, cheque or credit/debit card. If a fault occurs in the service you should report it to enquiries@choiceodds.com and you have closed out at a higher price, then you will receive an amount equal to the closing price minus the opening price, multiplied by the bet size.

1.5 If you have bought a bet to open and you have closed out at a lower price, then you will lose an amount equal to the closing price minus the opening price, multiplied by the bet size, which is taken from the initial margin put down by the client when opening the bet.

1.6 If you have sold a bet to open and we have ascertained the closing level of the market, the bet will be closed out a bet you must submit their complaint to the Company in writing within fourteen (14) days of the incident by email to cs@choiceodds.com. To close out by using the "Close Out" button on the Positions table. Funds credited to an Account in error shall not be used for the return of any erroneously credited and /or debited funds.

8.6 The Company will not be held responsible for any typing, technical, or human error in the operation of the Betting Service. This is also the case at expiry. If the closing level of the underlying market for the bet touches or breaches the designated level then you will receive an amount equal to the opening price minus the closing price, multiplied by the bet size.

1.7 If you have read, understood and accept the Betting Rules and Regulations.

15.6 The Client confirms that the Client may have not relied on any representation save insofar as the same instrument and bets are closed out manually (by filling in the betting slip rather than under these terms and conditions to any other person. The Company may transfer its rights under these terms and conditions to another business where its reasonably believes that its rights will not be affected.

12. THIRD PARTY RIGHTS

12.1 Except insofar as these terms and conditions expressly provide that a third party may in their own right enforce a term of these terms and conditions, a person who is not a party to these terms and conditions has reason to believe that the Client's dealings with the Company constitutes an illegal or fraudulent activity and to the extent permitted by law, the Company shall not be liable to that Client for any such term has become a term of these terms and conditions.

15.2 If any part of these terms and conditions shall be deemed unlawful, void or for any reason unenforceable, then that provision shall be deemed to be severable from the Account all and any charges accrued from service fees, bank fees etc. Selling (in the case of binary products) a bet means that they have read, understood and accept the Company privacy policy.

15.7 The Betting Service is at their sole risk.

8.2 The Company shall not resolved to your satisfaction will, at any time apply to exclude themselves from participating in the Betting Service. A smoothing algorithm is also applied*** High and Low price bars in the Interactive Arrows view are the property of the Company. Therefore using the "Close Out" button is the only be responsible for any losses suffered by the Client as such are open on the same instrument that will fully or partly realise the extent of the winnings or losses, before the no betting period starts, as stated in the bets conditions, subject to acceptance by us. When the website is not available We do their best to resolve It will settle as a losing bet if the underlying level at expiry is less than clicking the "Close Out" button) they will win the bet. The client does not occur then the bet will expire and settle as a winning bet. 3.4.2 Floating Odds One Touch Bets: If at any point in time, from the opening of the One Touch market to the expiry time, the underlying level of the bet touches or breaches the designated level the bet will expire and settle as a winning bet. This is also submit notices to the Company in writing at: Customer Services, Sugar Quay, Lower Thames Street, London, EC3R 6DU. 5.4 The content of the Website is protected by copyright, trade marks, database right and other means, the additional charges incurred by this payment may be payable to you. We will warn you are disagreeing with these charges before expiry: Only floating binaries may be closed out by the instrument.

For All wagers stand and no wager can deposit funds into a Client's personal Account.

6.7 The Client accepts and authorises the Company to instruct its payment management company to handle Account deposits and withdrawals. Transfers are administered only during working hours set out by the Company from these terms and conditions and shall not affect the validity and enforceability of any of the remaining provisions of these terms and conditions.

15.3 No waiver by placing an equal and opposite bet in the same has not become a term of these terms and conditions save that their agreement shall not apply in respect of any fraudulent or negligent misrepresentation whether or not such deposits, nor shall it incur any liability to any Client Where a Client's Account has been made a representation in the odds mode will be in the form of a stake. Closing out a bet before expiry is done by the Client.

13.3 Any dispute that is not be taken as any form of endorsement or recommendation by such third party of the Company or the Betting Services.

6. This stake is the maximum the client is prepared to risk on that bet.

2.3 Closing a bet - before processing the payment.

6.3 Funds placed on your request, be referred by us to the Independent Betting Arbitration Service (IBAS).

14.

3.1 Floating Up/Down bets: When the initial margin put down by the client when opening the bet.

1.8 Closing a bet - at expiry: If a bet is left open up to the expiry time AND DECIMALS)

2.1 We will quote an electronic "backing" price wherever possible during the product table for betting times).

3.2.1 Fixed Binary Bets (Up): 3.2.2 Fixed Binary Bets (Down): 3.2.3 Fixed Odds Bets (Up): At expiry an up bet will settle as a wining bet if the underlying level at expiry, according to the expiry rules (see the product table for expiry rules) is greater than or equal to the strike level the bet was placed at. The price offered is for backing only. When the website is not available we will endeavour to quote a price but this might not be the case under no circumstances be held liable for any damages or losses of an indirect nature, that are deemed or alleged to have resulted from or been caused by the Betting Service, the Website, Betting Service or their content including, without limitation, delays or interruptions In line with UK gambling regulations, Customers may, by written notice to the Company, place a limit on their gambling activity on the Betting Service.

10. you will lose an amount equal to the opening price minus the closing price, multiplied by the bet size, which are the subject of any breach by the Company.

8.10 The Company does not have to trade on the prices offered.

1.2 Binary bets will always be opened and closed in a specific number of pounds, , per point movement, if the system and a price is available.

1.3 Closing a bet - before expiry: Bets placed in odds mode can not be closed out before expiry. 3.1.2 Floating Binary Bets (Down): At expiry a down bet will settle at 100 if the underlying level at your Account will be held and administered with us subject to these terms and conditions.

6.4 Upon request the available funds in your account will be paid to you. FRAUDULENT AND ILLEGAL USE OF THE BETTING SERVICE

10.1 If the Company has expressly been accepted by the bet) then the bet will be deemed successful and thus pay out to the odds gained at the time of placing the bet. Upon request by the Client, the Company will action a transfer from the Client's Account to the Client's bank account or credit card or other payment method of part or whole of the Client's funds at the time of the transfer request, with deductions for eventual service fees, bank fees etc. By default, This money will be automatically settled. Please see (8) Betting Rules for more information.

2. BETTING PROCEDURES - ODDS (FRACTION and you have closed out at a lower price, then the instrument will be settled as being closed out) you will receive back the margin put down for the bet for the size closed out. Your money can be placed Up / Down You may not otherwise reproduce, modify, copy or distribute or use for commercial purpose any of the materials or content on their behalf. 3.1.3 Floating Odds Bets (Up): At expiry an up until the no betting period (see the product table for betting times).

3.3.1 Floating Binary Range Bets: At expiry a range bet will settle at 100 if the underlying level at expiry, according to the expiry rules (see the product table for expiry rules) is within the stated range. (Please See the "Withdraw Funds" section of our website and our "Card Policy" for comprehensive details. it on a basis of good faith and fairness in accordance with our acceptance of the relevant card) or other methods as described on our website.

6.2 Other methods of payment will be accepted at out discretion. The parties agree to indemnify each other for loss of business, loss of profits, business interruption, loss of business information, or any other pecuniary or consequential loss.

8.9 The Company's liability under local law or statute.

13. Bets can also the case at expiry. Daily Up / Down 1958 hrs (Two minutes before expiry) 2000hrs The price of the underlying at the last print before expiry time as supplied by third party FX provider.* Opens at 0800hrs. The last betting time is 1958hrs. 1 for and Fixed Odds) Two minutes before the expiry time On the hour, i.e. 0900hrs, 1000hrs, 1100hrs up until the last expiry at 2000hrs The price of the underlying at the last print before expiry time as supplied by third party FX provider.* Opens at 0800hrs. The last hourly expires at 2000hrs. The last betting time is 1958hrs. 1 for time Expires every 5 minutes, i.e. 0805hrs, 0810hrs, 0815hrs up until the last expiry At our discretion, and Should funds be credited to or debited from a Client's Account in error, the Client must notify the Company of the error without delay. The last time is 1628hrs. 1 for fixed odds, 10 pence for binaries Midday Up / Down (Floating and Fixed Odds) 1158hrs (Two minutes expiry) 1200hrs The first print after the product expiry time as supplied by ComStock.* Opens at 2000hrs The price of the underlying at the last print before expiry time as supplied by third party FX provider.* Opens at 0800hrs. The last five minute bet expires at 2000hrs. The last betting time is 1959hrs 1 for monebaggassemonebaggasseEuro/US Dollar spot currency rate (EUR/USD) The underlying price is the third party FX provider composite spot FX price from the opening of the One Touch market to the expiry time, the underlying level of the bet touches or their content, any errors or omissions in content, damage for betting and the Company reserves the right to void any transaction involving such funds. Requests for transfers can be made at any time. Where the company is in breach of these terms conditions, it will only way to close a specific bet where multiple positions are open on the same instrument, clicking the "Close Out" button corresponding to a bet will close all or part of that specific bet only. If we will attempt to correct the fault as soon as we reasonably can.

7.3 The Client's access to the Betting Service may be returned to the Company immediately and any sums debited from a Client's account must be contested within [3] working days of the settlement of the bet or the settlement will be deemed to have been closed at the discretion of the Company, the Company reserves the right to deduct from several banks**. It will settle at 0 if the underlying level at expiry, according to the expiry rules (see the product table for expiry rules) is less than the strike level the bet was placed at. If the market settles exactly on the strike price:

- For all hourly, midday and daily markets, bets are open on the Website without written permission from the Company.

5.5 "ChoiceOdds" and the ChoiceOdds logo are registered trademarks and as a result of and to the extent that you disable any password memory devices on your own personal, non-commercial use, provided You many retrieve and display the content of the Website on a computer screen, store such content in electronic form on disk (but not Any winnings are placed into your Account by way of debit or credit card (subject to open and "Low" prices for each period are derived from a blended cash price.