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LATEST VERSION OF CHART TRADER |
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Build 1.7.11.537 - 2010103001 |
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Schedule during Christmas, year end, and New Year
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FX Trading (JPN Time)
We only accept closure of existing open positions.
FX trading system will not accept new orders till further notice.
During Christmas period
[FX Trading]
26/Dec/'11 Market Close
27/Dec/'11 Market Open from 7:10
[Swap Interest]
As usual
During year end and New Year
[FX Trading]
2/Jan/'12 Market Close
3/Jan/'12 Market Open from 7:10
[Swap Interest]
As usual
Note: Customer support will not be provided during the closed market period.
Deposit (JPN Time)
Additional Deposit
26/Dec/'11 Operation Stop
30/Dec/'11 deposit we confirmed before 17:00 Operation as Usual
30/Dec/'11 deposit we confirmed from 17:00 until 3/Jan/’12 Operation Stop
Initial Deposit
No initial deposit will be accepted, due to the fact no opening of new accounts will be accepted. If we confirm any new deposits, we will refund you, and you must pay the bank charge.
Withdrawals
In principle, it will take at least 4 business days and bank business days for withdrawal operation.
Note:
*Please be informed that the above time schedule may change.
*We will not take any responsibility for loss by margin call, which will occur before the additional deposit is updated to your fx account.
Risk Control
*On the above period, forex market liquidity would become lower, in some cases move dynamicly and rapidly and your position may be closed due to margin call. Please trade carefully, we also recommend to all users to take appropriate risk control.
MF Global FXA Securities, Ltd.
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Important notice about "A Guide to Over-the-counter Derivatives Transactions." |
Dear Customers,
Please read a Guide to Over-the-Counter Derivatives Transaction carefully, and agree with it in order to continue trading. Traders who disagree with it would not be able to continue trading.
(Note)
If you use CT mobile system, you must read and agree it through your PC in advance, otherwise you cannot use CT mobile System.
You may also receive the same message in Japanese after this message in English because the message system sends it to all our customers at the same time.
If you receive a message in Japanese, please just click "Agree" and remove it.
We apologize for this inconvenient situation.
If you have any question, please contact us via our mail form below.
www.fxasec.com/ehtml/contactus.html
MF Global FXA Securities,Ltd
Customer Support
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Important notice about the Over-the-counter Derivatives Transactions
OTC Derivatives Transactions Prohibits Non-Invited Solicitation based on the Financial Instruments and Exchange law. OTC Derivatives Transactions prohibits solicitation, by means of visiting or telephoning a customer to enter into an OTC derivatives transaction contract, unless the customer has requested the solicitation. All solicitation should be reconfirmed that the solicitation has been requested by a customer, or if the solicitation has been conducted by means of visiting or telephoning for OTC Derivatives Transactions.
OTC derivatives transactions can involve amounts larger than the amount of margin that a customer is required to deposit for the transaction, and therefore, the amount of such loss may be larger than the amount of margin.
Please be aware of all the details about OTC Derivatives Transactions.
Please contact us regarding inquiries or complaints on OTC Derivatives Transactions.
The following ADR institution for complaint handling and conflict resolution is also available for OTC Derivatives Transactions.
NPO Financial Instruments Mediation Assistance Center (FINMAC) Free dial: 0120-64-5005 (Japan only)
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A Guide to Over-the-Counter Foreign Exchange Margin Transactions
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Risks and Other Important Matters Involved in OTC Derivatives Transactions etc.
OTC derivatives transactions etc. may cause a loss due to the fluctuation of the prices of instruments which are the objects of the transactions. When interest rates of instruments which are the objects of transactions and swap etc. you are receiving turn to be negative figures, you will have to pay swap etc. Further, OTC derivatives transactions etc. involve an amount larger than the amount of margins that a customer is required to deposit for the transactions, and therefore, the amount of such loss may be larger than the amount of margins.
When the market prices change abruptly, the spread of bid and ask widens or it is possible that you are unable to make transactions as you wish.
When the trading system or online communication system connecting a financial instruments firm with a customer fails to operate properly, it is possible that you are unable to place, execute, confirm or cancel an order.
Online trading is free of charge. We collect fees up to 3,000 JPY or equivalent per order by Telephone.
A customer is not allowed to cancel an order (cooling-off) once it has been filled.
We conduct covering transactions with the following firms in order to reduce risks arising from transactions with a customer: MF Global FXA Securities Ltd currently uses the following counterparties.
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1.
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Saxo Bank
The Danish Financial Supervisory Authority (FSA) register number: 1149
Business: Banking, including foreign exchange margin trading.
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2.
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OCBC Securities
Monetary Authority of Singapore (MAS)
Register number:CMS000019-3(fully-owned subsidiary of OCBC Bank)
Business: Securities
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MF Global Singapore Pte. Limited
Monetry Authority of Singapore (MAS)
Register number:CMS000169-1970
Business:Share trading and foreign exchange margin trading
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MF Global Australia Limited
Australian Securities and Investments Commission(ASIC)
Register number: AFSL 230563
Business: Securities
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UBS AG(Tokyo Branch)
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 605
Business: Banking
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Barclays Bank PLC
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 626
Business: Banking
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Commerzbank(Tokyo Branch)
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 641
Business: Banking
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8.
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FXCMJapan Securities Co.,Ltd
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 1718
Business: Foreign exchange Margin Trading
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We deposit margins accepted from a customer with JSF Trust and Banking Co., Ltd, and keep such margins separate from our own funds.
* The counterparties and trust bank are subject to change.
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Prohibited Acts concerning OTC Derivatives Transaction etc. Acts
Please note that, according to the Financial Instruments and Exchange Law, financial instruments firms are prohibited from engaging in any of the following acts in connection with OTC derivatives transactions with a customer as the counterparty, or an act to assume the duties of an intermediary, broker or agent for OTC derivatives transactions on behalf of a customer (hereinafter referred to as "OTC derivatives transactions etc. act)"
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| a. |
giving a customer false information regarding entering into aN OTC derivatives transaction etc. contract (which means a contract to perform OTC derivatives transaction etc. act with a customer as a counterparty or on behalf of a customer; hereinafter the same) or solicitation therefore; |
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b.
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solicitation for entering into an OTC derivatives transaction etc. contract by offering a customer a definite prediction in respect of uncertain matters or giving information which will likely give a false impression that such information is certain;
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c.
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soliciting, by means of a visit or telephoning, a customer who has not requested the solicitation for entering into an OTC derivatives transaction etc. contract to enter into an OTC derivatives transaction etc. contract (provided, that an act to solicit a customer with whom the financial instruments firm has a continuous trading relationship (such customer is limited to a person with whom more than one OTC financial futures transactions were conducted within one year before the date of the solicitation and a person having the balance of unsettled OTC financial futures transactions as of the date of the solicitation) and to solicit a juridical person engaging in foreign trade or other business regarding foreign exchange transactions for the purpose of reducing the risk of loss arising from the fluctuation of foreign exchange rates are excluded from prohibited act);
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d.
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soliciting a customer to enter into an OTC derivatives transaction etc. contract without making prior confirmation whether the customer has an intent to be solicited therefore;
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e.
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soliciting a customer who has shown in advance the intent that the customer does not want to enter into an OTC derivatives transaction etc. contract (including the intent that the customer does not want further solicitation; hereinafter the same), or soliciting further a customer who was once solicited to enter into a financial instruments transaction contract despite the fact that the customer has shown the intent that the customer does not want to enter into the OTC derivatives transaction etc. contract;
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f.
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an act to solicit a customer to enter into or cancel an OTC derivatives transaction etc. contract by telephoning or visit at a time that the customer feels annoyed;
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g.
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an act, in the case where a customer has suffered a loss or the predetermined profit has not been realized in OTC derivatives transaction etc., to make an offer or a promise, or cause a third party to make an offer or a promise to the customer or a person designated by the customer that the financial instruments firm or the third party will offer a financial profit to the customer or a third party to compensate the customer for the whole or part of the loss or to supplement the profit;
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h.
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an act to make an offer or a promise or cause a third party to make an offer or a promise, in the case where a customer conducts OTC derivatives transaction etc., to the customer or a person designated by the customer that the financial instruments firm or a third party will offer a financial profit to the customer or a third party to compensate the customer for the whole or part of losses or to increase the customer's profits;
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i.
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an act to pay or cause a third party to pay a financial profit to, in the case where a customer conducts OTC derivatives transaction etc., the customer or a third party to compensate the customer for the whole or part of losses or to increase the customer's profit arising from such transaction;
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j.
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failure of explanation by methods and to the extent necessary for a customer to understand the contents of this description in furnishing this description in light of knowledge, experience and financial resource of the customer and the purpose to enter into an OTC derivatives transaction contract etc.;
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k.
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an act to make a representation that will likely give a false impression on important matters regarding entering into an OTC derivatives transaction etc. contract or solicitation therefore;
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l.
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an act to make a promise to a customer or a person designated by the customer to offer a special profit, or to offer a special profit to a customer or a third party regarding an OTC derivatives transaction etc. contract (including an act to cause a third party to make a promise to offer a special profit or cause a third party to offer a special profit);
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m.
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an act to employ deception, violence or duress in entering into or cancellation of an OTC derivatives transactions etc. contract;
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n.
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refusing or taking unreasonably long time for the performance of OTC derivatives transaction etc. act under an OTC derivatives transaction etc. contract or fulfilment of, in whole or in part, other obligations under an OTC derivatives transaction etc. contract;
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o.
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an act to acquire money, securities or other property or customer margin or other guarantee money which belong to customers' account under an OTC derivatives transaction etc. contract by falsifying market prices or through other unlawful means;
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p.
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an act to gather customers without, in advance, informing that the financial instruments firm will solicit to enter into an OTC derivatives transaction etc. contract and to solicit such customers to enter into such OTC derivatives transaction etc. contract;
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q.
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an act to conduct OTC derivatives transaction etc. for a customer's account without obtaining the customer's consent;
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r.
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an act that a financial instruments firm which is an individual or an officer (in the case where an officer is a juridical person, including a partner to perform the duty of an officer) or employee of the financial instruments firm uses its responsibility to conduct OTC derivatives transaction etc. and conduct OTC derivatives transaction etc. based on information of customers' behavior regarding an order of OTC derivatives transaction etc. placed by a customer or other special information obtained in the course of carrying out the duties or for the purpose of seeking speculative profit;
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s.
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in the case of entering into a contract that, in respect of OTC derivatives transaction etc., after obtaining a consent for the total amount of funds from a customer, matters such as the distinction of purchase or sale, pair of instruments, volume and prices, to which a customer does not give a consent, are determined by processing of a computer or other prefixed method in the case of occurrence of a specified event and the financial instruments firm conducts transactions in accordance therewith, failure to enter into such con-tract in writing (excluding the case of entering into by the method using an electronic data processing and network system or other method using information technology);
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t.
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an act, in respect of OTC derivatives transactions etc. act, to solicit a customer to conduct transactions opposite, in terms of purchase or sale, to the customer's original OTC derivatives transaction etc. (such opposite transactions means transactions to reduce loss which may arise from the original transactions) or act similar thereto;
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u.
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in the case where, with respect to currency related derivatives transactions (including OTC foreign exchange margin transactions; in v. the same), the mount of margins deposited by a customer (net of paper profit) has fallen short of the amount prescribed by the Commissioner of the Financial Serviced Agency (2% as from August 1, 2010 and 4% as from August 1,2011;hereinafter the same), an act to continue transactions without requiring such customer to deposit such shortage immediately after the conclusion of such transactions;
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v.
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in the case where, with respect to currency related derivatives transactions, the amount of margins deposited by a customer (net of paper profit) as at a fixed time each business day has fallen short of the amount prescribed by the Commissioner of the Financial Services Agency, an act to continue transactions without requiring such customer to deposit such shortage.
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Mechanics of OTC Derivatives Trading etc.
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We conduct Derivatives Trading in accordance with the Financial Instruments and Exchange Act, the Foreign Exchange and Foreign Trade Act, the Commodity Exchange Act and other relevant laws and regulations and the rules of the Financial Futures Association of Japan.
Method of Transaction
The following is the specifications of our OTC Derivatives Trading etc.
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a.
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The financial instrument is Currency. There are two types of spread which are Quasi-Fixed Spread Type and Variable Spread Type.
<Currency>
- Quasi-Fixed Spread Type:
Euro/ U.S. Dollar, U.S. Dollar/ Japanese Yen, British Pound/ U.S. Dollar, U.S. Dollar/ Swiss Franc, Euro/ Swiss Franc, Euro/ Japanese Yen, British Pound/ Japanese Yen, Euro/ British Pound, U.S. Dollar/ Canadian Dollar, Australian Dollar/ U.S. Dollar, Euro/ Canadian Dollar, Euro/ Australian Dollar, British Pound/ Swiss Franc, Swiss Franc/ Japanese Yen, Australian Dollar/ Canadian Dollar, Australian Dollar/ Japanese Yen, New Zealand Dollar/ U.S. Dollar, Canadian Dollar/ Japanese Yen, New Zealand Dollar/ Japanese Yen, Australian Dollar/ Singapore Dollar, U.S. Dollar/ Singapore Dollar, and South African Rand/ Japanese Yen
- Variable Spread Type :
Euro/ U.S. Dollar, U.S. Dollar/ Japanese Yen, Euro/ Japanese Yen, British Pound/ Japanese Yen
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b.
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The minimum trading unit is 10,000 units (0.1 lot) in currency first of each pair of currencies, which is common to all pairs of currencies.
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c.
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The minimum price change is 0.1 pip (for example: U.S. Dollar/ Japanese Yen, (equivalent to \ 10 per minimum trading unit (0.1 lot)), which is common to all pairs of instruments.
*In this case USDJPY =100 Japanese Yen
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d.
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We will quote an ask price and bid price simultaneously for each pair of instruments and our customer may buy at the ask price and sell at the bid price. We offer the price to customers, which is determined at our sole discretion, by adding spread on the pair of instruments considering the market conditions, referred prices of the other foreign exchange brokers, the interbank market and information vendors etc. Therefore, the ask price is higher than the bid price.
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e.
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Open positions can be closed by offset transaction.
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f.
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If a customer does not make a settlement by offset transactions, open positions are rolled over every business day to defer the settlement to the next business day.
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Such roll-over has the effect that the customer borrows the sold instrument and deposits the purchased instrument. The customer will pay to or receive from us swap etc. equivalent to the difference between the interest rate of borrowing and the interest rate of depositing. Usually, swap etc. receivable by a customer are smaller than swap etc. payable by the customer for each instrument, or sometimes a customer pays swap etc. for both of purchase and sale.
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If a customer's loss has reached a certain level, we will, at our sole discretion, settle the positions by compulsion (which is called "Loss cut rules by Margin call); please refer to "(7) Loss Cut Rules by Margin call" of """Margining". However, such loss cut rules may not limit the loss to the amount of margins on deposit if the market changes abruptly and the price gap occurs between the closed price of last week and the opened price on the 1st day of the week occurs.
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i.
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The settlement day in the case of resale or repurchase is the business day of such resale or repurchase.
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Margining
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(1)
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Placement of Margin Deposit
When you place an order for an OTC Derivatives Transaction etc., please deposit with us at least the amount of initial margin requirements under (2).
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(2)
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Margin Requirements
At least 100,000 yen or equivalent in other currency for Margin is required to open trading account. Please check the maintenance Margin (= required margin to keep you position) per trade and need to make margin deposit.
*The rate of a maintenance margin of the trading amount per one trading unit is as follows.
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Corporate Customer :
1% (4% as 50.1 lots and more)
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*The maintenance margin for trading is calculated on the real time based on the above mentioned the rate of the margin requirement. Please refer to our web site.
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(3)
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Additional margin deposit for Margin Call
In principle, customers have to manage and decide whether to add margin deposit or not, under their own management and responsibility, considering the own usable margin, shown on the trading system. (We will not notify you about additional margin deposit.) If the amount of margin on deposit drops below the maintenance margin requirements for open positions of OTC derivatives transactions etc., the customer is required to deposit an additional margin to maintain the amount of margin on deposit at the level of at least initial margin requirements (if cash part of margin on deposit has turned to be negative, by cash for such negative amount) no later than the day specified by us.
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(4)
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Withdrawal of Cash
You can withdraw the possible withdrawal amount calculated by system under the condition that your positions can sustain without margin call even through a certain market movement we decide.
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(5)
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Valuation Profit or Loss and Swap etc.
The swap etc. made by us accrued as a result of roll-over of your open positions will be added to or deducted from the margins deposit. The open price of each position will be kept and calculated as valuation profit and loss. (No daily realized profit and loss by rollover revaluation of the booked price.)
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(6)
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Deposit of Margin in the form of Securities, etc.
We will not accept collateral, securities etc, for margin.
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(7)
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Loss Cut Rules by Margin call
When the usable margin will be below zero, we will close customerrfs positions on thier account at our sole discretion for preventing the increased loss.
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(8)
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Failure of Depositing Margin within Time Limit
If we require a customer to deposit margins and the customer fails to deposit such margins within a stipulated time limit, we may, at our discretion, make resale or repurchase in the customerrfs account in order to settle such OTC derivatives transaction etc. (The same will apply in the case where a customer fails to make a payment due to us in connection with an OTC derivatives transaction etc.)
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(9)
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Return of Margin
When a customer requests the return of margins on deposit after the offset transaction of OTC derivatives transactions etc., we will return such margins on deposit within the 4 banking business days and our business day.
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Payment and Receipt of Money upon Settlement
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Cash Settlement
Customer pays to or receives from us the cash settlement amount, converted to the base currency of the customer's account if necessary, derived from the difference between the purchase notional amount and sale notional amount of the position.
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Tax on Profit
Until December 31st 2010
Profit arisen from OTC derivatives transactions etc. (trading profit and swap etc. revenue) is subject to comprehensive taxation as gsundry incomeeh in the case of an individual customer. Therefore, a customer who has earned more than 200,000 JPY during each calendar year (from January 1 to December 31) is required to submit an income tax report. Profit arisen from OTC derivatives transactions etc. is subject to taxation as corporate income, in the case of juridical persons. When a customer of a financial instruments firm has made cash settlement, etc. in respect of OTC derivatives transactions etc., the firm, in principle, submits a payment report stating the name, address, amount paid and other related information regarding the payment to the director-general of the tax office which has a jurisdiction over the financial instruments firm, etc. Please ask a professional such as a certified tax accountant for details
From January 1st 2011
Profit arisen from OTC foreign exchange margin transaction (trading profit and swap point revenue; hereinafter the same) is subject to self-assessed separate taxation as "sundry income," in the case of individual customers for transactions on and after January 1, 2012. Therefore, a customer is required to submit an income tax report. Tax rate is fixed at 15% for income tax and 5% for local tax. Such profit and loss can be offset against profit or loss from other cash settled futures transactions. Further, if such offset results in losses, such losses can be carried forward for the following three calendar years under certain requirements. Profit arisen from OTC foreign exchange margin transaction is subject to taxation as corporate income, in the case of juridical persons. When a customer of a financial instruments firm has made cash settlement, etc. in respect of OTC foreign exchange margin transactions, the firm, in principle, submits a payment report stating the name, address, amount paid and other related information regarding the payment to the director-general of the tax office which has a jurisdiction over the financial instruments firm, etc.
Please ask a professional such as a certified tax accountant for details.
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Trading Cost
The trading cost and the calculation method of money for OTC derivatives transactions etc. in our company are as follows;
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(1)
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Calculation of Receivable Amount.
= P/L +(or-) Swap etc. - commission
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(2)
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Calculation of Swap etc.
Swap etc. will change due to interest between instruments or lease rate therefore there is no exact calculation methods.
Valid swap etc. for each day is conformed on following place.
*Login to Chart Trader > Dealing Rates(Advanced)
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(3)
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Calculation of Profit and Loss (Example for Long position).
P/L = Close Rate - Open Rate - commission
*Close Rate = Rate when you closed your positions.
*Open Rate = Rate when you open your positions.
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(4)
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Commission
Online Trade: Free
Telephone Trade: Generally, we charge 3,000 JPY or the equivalent in other currency for one order and this will be deducted from your trading account.
In the case when our server is down or the network problem is on our side, no cost will be incurred by the customer.
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Outline of MF Global FXA Securities Ltd and Contact Place for Grievances, Settlement of Grievances and Resolution of Disputes
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Procedures of OTC Derivatives Transactions etc.
Please read carefully the following details of procedure of OTC derivatives transactions etc.
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Procedure for starting to trade
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Trading Terms
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Trading Manual
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Chart Trader Trading Report
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About US
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MF Global FXA Securities,Ltd
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Financial Instrument Business
Registry Number: Kanto Local Finance Bureau 49
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Participating Association:
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Japan Securities Dealers Association
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The Financial Futures Association of Japan
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Japan Investor Protection Fund
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7F M's Square, 1-16-1 Kanda-Nishikicho, Chiyoda-ku, Tokyo 101-0054, Japan
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Tel: +81(3)5217-0612
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Fax: +81(3)5217-0617
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If you have any further questions about OTC derivatives transactions etc, please feel free to contact us via the e-Mail form link above.
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Important notice about "A Guide to Over-the-counter Derivatives Transactions." |
According to the Financial Instruments and Exchange law of September 2007,
MF Global FXA Securities Ltd, as a registered Financial Instrument Firm, has a requirement to explain important matters relating to Derivatives Trading.
We plan to send a "guide to over-the-counter derivatives transactions" via our Message System on Chart Trader (CT) around 12:00 (Japan time) this coming December 12th 2011(Monday) to all customers.
Please read this carefully, as all customers must agree to the notice in order to continue trading.
Traders who disagree with this notice will not be able to continue trading.
(Note)
If you use our CT mobile system, you must read and agree to the guide via your PC
in advance, otherwise you will not be able to use our CT mobile System.
Please view the details via the link below;
*A Guide to Over-the-Counter Derivatives Transactions
*A Comparative Table of the Prior and Amended Article Provisions
You may also receive the same message in Japanese after this message
due to our auto message system that sends the messages to all our customers at
the same time. If you receive a message in Japanese, please just click
"Agree" and remove it.
We apologize for this inconveniece.
If you have any question, please contact us via our Mail Form;
www.fxasec.com/ehtml/contactus.html
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Important Announcement - About an operating pause notification |
Dear Customer
We reported to the regulator about an operating pause notification on 1st November, 2011.
Therefore we will execute close order only.
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Withdrawal Request |
Dear Customer
You can make a withdrawal request from below link;
http://www.fxasec.com/ehtml/updatereq.html
It will start handling from next day after your requested date and will take at least 4 company's business day and/or bank business day to make fund transfer to your registered bank or financial institution. Please understand that it is possible to delay operation, because of many request of withdrawal.
In addition, all assets deposited by customers are segregated and managed separately from company assets by law.
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About change of trading hours due to the end of Daylight saving time |
Please be informed that Trading Hours will change from 11/07(Mon) due to the end of Daylight Saving Time.
Please take note of this issue when you trade.
Present
(Daylight Saving Time)
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From November 7th (Mon)
(Standard Time)
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Start Time on Monday
JP time 6:10
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JP time 7:10 |
Finish Time on Saturday
JP time 5:00
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JP time 6:00 |
Rollover Time
(Tue - Fri) JP time 6:00
(Sat) JP time 5:00
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(Tue - Fri) JP time 7:00
(Sat) JP time 6:00
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About todays entry orders |
Please take note that our FX trading system will not accept new orders till further notice.
We only accept closure of existing open positions.
2011/10/31
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About todays entry orders |
Dear customers,
Please be informed that, due to the acceptance settings of only closure of existing open positions from the market open today, entry orders you made had been deleted. Therefore please confirm your orders.
You can trade as usual at this time.
We apologize this inconvenient situation and thank you for your understanding.
MF Global FXA Securities Ltd
Customer Support
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Notice of restarted to accept new orders |
Dear customers,
Please be informed that we had restarted to accept new orders.
therefore you can trade as usual at this time.
We apologize this inconvenient situation and thank you for your understanding.
MF Global FXA Securities Ltd
Customer Support
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Notice of reject of new orders |
We MF Global FXA Securities Ltd will not accept new orders for a while,
only accept close orders of your positions you are holding.
2011/10/31
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Announcement on the change of valid period for Demo Accounts |
Please be informed that we will delete all demo accounts exceeding our new one month limitation, in order to create a more stable demo trading system for our customers. We will start to delete accounts exceeding one month from Saturday 19th November, 2011.
We thank you for your understanding
Yours Sincerely,
**************************************************************
MF Global FXA Securities, Ltd
Customer Support
Registration No: Kanto Local Finance Bureau. No 49
Regulator: Japan Securities Dealers Association (JSDA),
The Financial Futures Association of Japan (FFAJ)
***************************************************************
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Announcement of English Website Closure |
Dear Customers;
Please be informed that our English website will be discontinued from 2011/12/31.
Please visit our Japanese website after 2011/12/31.
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Notice of new leverage on Demo account |
Please be informed that the maximum leverage of 25 times had been applied to our live accounts from July 25th, 2011 due to the revision of the margin regulation.
Also the new leverage of 25 times (the margin ratio 4%) will be applied to our demo account from 6:10 on August 1st, 2011.
Note:
The new leverage will be applied from August 1st, 2011 to all positions including your positions which you have opened before August 1st.
Margin call may occur if usable margin becomes less than 0 yen after the adaptation.
Please be aware of the risk control, and margin when trading.
Please refer to the details for Margin Call on our home page below.
http://www.fxasec.com/ehtml/faq2.html#5
Additionally, the initial deposit amount to open a new live account had been changed from 50,000 yen or equivalent in other currency to 100,000 yen or equivalent in other currency from July 25th, 2011. The additional deposit will be required if the initial deposit would be below 100,000 yen or equivalent in other currency.
MF Global FXA Securities Ltd
Customer Support
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Important notice of Delivery of Document Prior to Conclusion of Contract |
According to the Financial Instruments and Exchange law in September, 2007, MF Global FXA Securities Ltd, as a registered Financial Instrument Firm, has a requirement to explain important matters relating to Foreign Exchange Margin Trading.
Due to the revision of the margin regulation on August 1st 2011, MF Global FXA Securities, Ltd. will revise Delivery of Document Prior to Conclusion of Contract etc. and initial deposit amount based on the financial instruments and exchange law.
Please read carefully, and agree with the notice in order to continue trading.
Traders who disagree with this notice would not be able to continue trading.
(Note)
If you use CT mobile system, you must read and agree it through your PC in advance, otherwise you cannot use CT mobile System.
You may also receive the same message in Japanese after this message in English because the message system sends it to all our customers at the same time.
If you receive a message in Japanese, please just click "Agree" and remove it.
We apologize for this inconvenient situation.
If you have any question, please contact us by our Mail Form;
www.fxasec.com/ehtml/contactus.html.
MF Global FXA Securities,Ltd
Customer Support
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「Important notice about the Over-the-counter Derivatives Transactions」
OTC Derivatives Transactions is the object for Prohibition of Non-Invited
Solicitation based on the Financial Instruments and Exchange law.
OTC Derivatives Transactions is prohibited to solicit, by means of a visit
or telephoning, a customer for entering into an OTC derivatives transaction
contract unless customer has requested the solicitation.
Please reconfirm that the solicitation is requested by a customer
if the solicitation is conducted by means of a visit or telephoning for
OTC Derivatives Transactions.
OTC derivatives transactions etc. involve an amount larger than
the amount of margins that a customer is required to deposit
for the transactions, and therefore, the amount of such loss
may be larger than the amount of margins.
Please be aware of the details of OTC Derivatives Transactions.
Please contact us regarding the inqury or complaint of OTC Derivatives
Transactions.The following ADR institution for complaint handling and conflict
resolution is also available for the trouble of OTC Derivatives Transactions.
NPO Financial Instruments Mediation Assistance Center (FINMAC)
Free dial: 0120-64-5005 (Janan only)
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Risks and Other Important Matters Involved in OTC Derivatives Transactions etc.
OTC derivatives transactions etc. may cause a loss due to the fluctuation of the prices of instruments which are the objects of the transactions. When interest rates of instruments which are the objects of transactions and swap etc. you are receiving turn to be negative figures, you will have to pay swap etc. Further, OTC derivatives transactions etc. involve an amount larger than the amount of margins that a customer is required to deposit for the transactions, and therefore, the amount of such loss may be larger than the amount of margins.
When the market prices change abruptly, the spread of bid and ask widens or it is possible that you are unable to make transactions as you wish.
When the trading system or online communication system connecting a financial instruments firm with a customer fails to operate properly, it is possible that you are unable to place, execute, confirm or cancel an order.
Online trading is free of charge. We collect fees up to 3,000 JPY or equivalent per order by Telephone.
A customer is not allowed to cancel an order (cooling-off) once it has been filled.
We conduct covering transactions with the following firms in order to reduce risks arising from transactions with a customer: MF Global FXA Securities currently uses the following counterparties.
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Saxo Bank
The Danish Financial Supervisory Authority (FSA) register number: 1149
Business: Banking, including foreign exchange margin trading. |
| 2. |
OCBC Securities
Monetary Authority of Singapore (MAS)
Register number:CMS000019-3(fully-owned subsidiary of OCBC Bank)
Business: Securities |
| 3. |
MF Global Singapore Pte. Limited
Monetry Authority of Singapore (MAS)
Register number:CMS000169-1970
Business:Share trading and foreign exchange margin trading |
| 4. |
MF Global Australia Limited
Australian Securities and Investments Commission(ASIC)
Register number: AFSL 230563
Business: Securities |
| 5. |
UBS AG(Tokyo Branch)
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 605
Business: Banking |
| 6. |
Barclays Bank PLC
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 626
Business: Banking |
| 7. |
Commerzbank(Tokyo Branch)
The Japanese Financial Services Agency(FSA)
Register number: Kanto Local Finance Bureau 641
Business: Banking |
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We deposit margins accepted from a customer with JSF Trust and Banking Co., Ltd, and keep such margins separate from our own funds.
* The counterparties and trust bank are subject to change.。 |
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Prohibited Acts concerning OTC Derivatives Transaction etc. Acts
Please note that, according to the Financial Instruments and Exchange Law, financial instruments firms are prohibited from engaging in any of the following acts in connection with OTC derivatives transactions with a customer as the counterparty, or an act to assume the duties of an intermediary, broker or agent for OTC derivatives transactions on behalf of a customer (hereinafter referred to as "OTC derivatives transactions etc. act)" |
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a. |
giving a customer false information regarding entering into aｎ OTC derivatives transaction etc. contract (which means a contract to perform OTC derivatives transaction etc. act with a customer as a counterparty or on behalf of a customer; hereinafter the same) or solicitation therefore; |
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b. |
solicitation for entering into an OTC derivatives transaction etc. contract by offering a customer a definite prediction in respect of uncertain matters or giving information which will likely give a false impression that such information is certain;
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c. |
soliciting, by means of a visit or telephoning, a customer who has not requested the solicitation for entering into an OTC derivatives transaction etc. contract to enter into an OTC derivatives transaction etc. contract (provided, that an act to solicit a customer with whom the financial instruments firm has a continuous trading relationship (such customer is limited to a person with whom more than one OTC financial futures transactions were conducted within one year before the date of the solicitation and a person having the balance of unsettled OTC financial futures transactions as of the date of the solicitation) and to solicit a juridical person engaging in foreign trade or other business regarding foreign exchange transactions for the purpose of reducing the risk of loss arising from the fluctuation of foreign exchange rates are excluded from prohibited act);
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d. |
soliciting a customer to enter into an OTC derivatives transaction etc. contract without making prior confirmation whether the customer has an intent to be solicited therefore; |
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e. |
soliciting a customer who has shown in advance the intent that the customer does not want to enter into an OTC derivatives transaction etc. contract (including the intent that the customer does not want further solicitation; hereinafter the same), or soliciting further a customer who was once solicited to enter into a financial instruments transaction contract despite the fact that the customer has shown the intent that the customer does not want to enter into the OTC derivatives transaction etc. contract; |
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f. |
an act to solicit a customer to enter into or cancel an OTC derivatives transaction etc. contract by telephoning or visit at a time that the customer feels annoyed; |
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g. |
an act, in the case where a customer has suffered a loss or the predetermined profit has not been realized in OTC derivatives transaction etc., to make an offer or a promise, or cause a third party to make an offer or a promise to the customer or a person designated by the customer that the financial instruments firm or the third party will offer a financial profit to the customer or a third party to compensate the customer for the whole or part of the loss or to supplement the profit; |
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h. |
an act to make an offer or a promise or cause a third party to make an offer or a promise, in the case where a customer conducts OTC derivatives transaction etc., to the customer or a person designated by the customer that the financial instruments firm or a third party will offer a financial profit to the customer or a third party to compensate the customer for the whole or part of losses or to increase the customer's profits; |
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an act to pay or cause a third party to pay a financial profit to, in the case where a customer conducts OTC derivatives transaction etc., the customer or a third party to compensate the customer for the whole or part of losses or to increase the customer's profit arising from such transaction; |
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j. |
failure of explanation by methods and to the extent necessary for a customer to understand the contents of this description in furnishing this description in light of knowledge, experience and financial resource of the customer and the purpose to enter into an OTC derivatives transaction contract etc.; |
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k. |
an act to make a representation that will likely give a false impression on important matters regarding entering into an OTC derivatives transaction etc. contract or solicitation therefore; |
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l. |
an act to make a promise to a customer or a person designated by the customer to offer a special profit, or to offer a special profit to a customer or a third party regarding an OTC derivatives transaction etc. contract (including an act to cause a third party to make a promise to offer a special profit or cause a third party to offer a special profit); |
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m. |
an act to employ deception, violence or duress in entering into or cancellation of an OTC derivatives transactions etc. contract; |
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n. |
refusing or taking unreasonably long time for the performance of OTC derivatives transaction etc. act under an OTC derivatives transaction etc. contract or fulfilment of, in whole or in part, other obligations under an OTC derivatives transaction etc. contract; |
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o. |
an act to acquire money, securities or other property or customer margin or other guarantee money which belong to customers' account under an OTC derivatives transaction etc. contract by falsifying market prices or through other unlawful means; |
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p. |
an act to gather customers without, in advance, informing that the financial instruments firm will solicit to enter into an OTC derivatives transaction etc. contract and to solicit such customers to enter into such OTC derivatives transaction etc. contract; |
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q. |
an act to conduct OTC derivatives transaction etc. for a customer's account without obtaining the customer's consent; |
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r. |
an act that a financial instruments firm which is an individual or an officer (in the case where an officer is a juridical person, including a partner to perform the duty of an officer) or employee of the financial instruments firm uses its responsibility to conduct OTC derivatives transaction etc. and conduct OTC derivatives transaction etc. based on information of customers' behavior regarding an order of OTC derivatives transaction etc. placed by a customer or other special information obtained in the course of carrying out the duties or for the purpose of seeking speculative profit; |
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s. |
in the case of entering into a contract that, in respect of OTC derivatives transaction etc., after obtaining a consent for the total amount of funds from a customer, matters such as the distinction of purchase or sale, pair of instruments, volume and prices, to which a customer does not give a consent, are determined by processing of a computer or other prefixed method in the case of occurrence of a specified event and the financial instruments firm conducts transactions in accordance therewith, failure to enter into such con-tract in writing (excluding the case of entering into by the method using an electronic data processing and network system or other method using information technology);
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t. |
an act, in respect of OTC derivatives transactions etc. act, to solicit a customer to conduct transactions opposite, in terms of purchase or sale, to the customer's original OTC derivatives transaction etc. (such opposite transactions means transactions to reduce loss which may arise from the original transactions) or act similar thereto; |
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u. |
in the case where, with respect to currency related derivatives transactions (including OTC foreign exchange margin transactions; in v. the same), the mount of margins deposited by a customer (net of paper profit) has fallen short of the amount prescribed by the Commissioner of the Financial Serviced Agency (4% as from August 1, 2011; hereinafter the same), an act to continue transactions without requiring such customer to deposit such shortage immediately after the conclusion of such transactions; |
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v. |
in the case where, with respect to currency related derivatives transactions, the amount of margins deposited by a customer (net of paper profit) as at a fixed time each business day has fallen short of the amount prescribed by the Commissioner of the Financial Services Agency, an act to continue transactions without requiring such customer to deposit such shortage. |
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Mechanics of OTC Derivatives Trading etc. |
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We conduct Derivatives Trading in accordance with the Financial Instruments and Exchange Act, the Foreign Exchange and Foreign Trade Act, the Commodity Exchange Act and other relevant laws and regulations and the rules of the Financial Futures Association of Japan.
Method of Transaction
The following is the specifications of our OTC Derivatives Trading etc.
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The financial instrument is Currency. There are two types of spread which are Quasi-Fixed Spread Type and Variable Spread Type.
<Currency>
- Quasi-Fixed Spread Type:
Euro/ U.S. Dollar, U.S. Dollar/ Japanese Yen, British Pound/ U.S. Dollar, U.S. Dollar/ Swiss Franc, Euro/ Swiss Franc, Euro/ Japanese Yen, British Pound/ Japanese Yen, Euro/ British Pound, U.S. Dollar/ Canadian Dollar, Australian Dollar/ U.S. Dollar, Euro/ Canadian Dollar, Euro/ Australian Dollar, British Pound/ Swiss Franc, Swiss Franc/ Japanese Yen, Australian Dollar/ Canadian Dollar, Australian Dollar/ Japanese Yen, New Zealand Dollar/ U.S. Dollar, Canadian Dollar/ Japanese Yen, New Zealand Dollar/ Japanese Yen, Australian Dollar/ Singapore Dollar, U.S. Dollar/ Singapore Dollar, and South African Rand/ Japanese Yen
- Variable Spread Type :
Euro/ U.S. Dollar, U.S. Dollar/ Japanese Yen, Euro/ Japanese Yen, British Pound/ Japanese Yen |
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The minimum trading unit is 10,000 units (0.1 lot) in currency first of each pair of currencies, which is common to all pairs of currencies. |
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The minimum price change is 0.1 pip (for example: U.S. Dollar/ Japanese Yen, (equivalent to \ 10 per minimum trading unit (0.1 lot)), which is common to all pairs of instruments.
*In this case USDJPY =100 Japanese Yen |
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We will quote an ask price and bid price simultaneously for each pair of instruments and our customer may buy at the ask price and sell at the bid price. We offer the price to customers, which is determined at our sole discretion, by adding spread on the pair of instruments considering the market conditions, referred prices of the other foreign exchange brokers, the interbank market and information vendors etc. Therefore, the ask price is higher than the bid price. |
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Open positions can be closed by offset transaction. |
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If a customer does not make a settlement by offset transactions, open positions are rolled over every business day to defer the settlement to the next business day. |
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Such roll-over has the effect that the customer borrows the sold instrument and deposits the purchased instrument. The customer will pay to or receive from us swap etc. equivalent to the difference between the interest rate of borrowing and the interest rate of depositing. Usually, swap etc. receivable by a customer are smaller than swap etc. payable by the customer for each instrument, or sometimes a customer pays swap etc. for both of purchase and sale. |
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If a customer's loss has reached a certain level, we will, at our sole discretion, settle the positions by compulsion (which is called "Loss cut rules by Margin call); please refer to "(7) Loss Cut Rules by Margin call" of "☆Margining". However, such loss cut rules may not limit the loss to the amount of margins on deposit if the market changes abruptly and the price gap occurs between the closed price of last week and the opened price on the 1st day of the week occurs. |
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The settlement day in the case of resale or repurchase is the business day of such resale or repurchase. |
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Margining |
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(1) |
Placement of Margin Deposit
When you place an order for an OTC Derivatives Transaction etc., please deposit with us at least the amount of initial margin requirements under (2).
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(2) |
Margin Requirements
At least 50,000 yen (100,000 yen applied from July 25,2011)or equivalent in other currency for Margin is required to open trading account. Please check the maintenance Margin (= required margin to keep you position) per trade and need to make margin deposit.
*The rate of a maintenance margin of the trading amount per one trading unit is as follows.
Individual Customer :
2%(8% as 50.1 lots and more)
(4% applied from July 25,2011) |
Corporate Customer :
1% (4% as 50.1 lots and more)
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*The maintenance margin for trading is calculated on the real time based on the above mentioned the rate of the margin requirement. Please refer to our web site. |
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(3) |
Additional margin deposit for Margin Call
In principle, customers have to manage and decide whether to add margin deposit or not, under their own management and responsibility, considering the own usable margin, shown on the trading system. (We will not notify you about additional margin deposit.) If the amount of margin on deposit drops below the maintenance margin requirements for open positions of OTC derivatives transactions etc., the customer is required to deposit an additional margin to maintain the amount of margin on deposit at the level of at least initial margin requirements (if cash part of margin on deposit has turned to be negative, by cash for such negative amount) no later than the day specified by us.
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(4) |
Withdrawal of Cash
You can withdraw the possible withdrawal amount calculated by system under the condition that your positions can sustain without margin call even through a certain market movement we decide.
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(5) |
Valuation Profit or Loss and Swap etc.
The swap etc. made by us accrued as a result of roll-over of your open positions will be added to or deducted from the margins deposit. The open price of each position will be kept and calculated as valuation profit and loss. (No daily realized profit and loss by rollover revaluation of the booked price.)
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(6) |
Deposit of Margin in the form of Securities, etc.
We will not accept collateral, securities etc, for margin.
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(7) |
Loss Cut Rules by Margin call
When the usable margin will be below zero, we will close customer’s positions on thier account at our sole discretion for preventing the increased loss.
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(8) |
Failure of Depositing Margin within Time Limit
If we require a customer to deposit margins and the customer fails to deposit such margins within a stipulated time limit, we may, at our discretion, make resale or repurchase in the customer’s account in order to settle such OTC derivatives transaction etc. (The same will apply in the case where a customer fails to make a payment due to us in connection with an OTC derivatives transaction etc.)
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(9) |
Return of Margin
When a customer requests the return of margins on deposit after the offset transaction of OTC derivatives transactions etc., we will return such margins on deposit within the 4 banking business days and our business day.
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Payment and Receipt of Money upon Settlement |
Cash Settlement
Customer pays to or receives from us the cash settlement amount, converted to the base currency of the customer's account if necessary, derived from the difference between the purchase notional amount and sale notional amount of the position.
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Tax on Profit
Profit arisen from OTC derivatives transactions etc. (trading profit and swap etc. revenue) is subject to comprehensive taxation as “sundry income” in the case of an individual customer. Therefore, a customer who has earned more than \200,000 during each calendar year (from January 1 to December 31) is required to submit an income tax report. Profit arisen from OTC derivatives transactions etc. is subject to taxation as corporate income, in the case of juridical persons. When a customer of a financial instruments firm has made cash settlement, etc. in respect of OTC derivatives transactions etc., the firm, in principle, submits a payment report stating the name, address, amount paid and other related information regarding the payment to the director-general of the tax office which has a jurisdiction over the financial instruments firm, etc. Please ask a professional such as a certified tax accountant for details
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Trading Cost
The trading cost and the calculation method of money for OTC derivatives transactions etc. in our company are as follows; |
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(1) |
Calculation of Receivable Amount.
= P/L +(or-) Swap etc. - commission |
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(2) |
Calculation of Swap etc.
Swap etc. will change due to interest between instruments or lease rate therefore there is no exact calculation methods.
Valid swap etc. for each day is conformed on following place.
*Login to Chart Trader > Dealing Rates(Advanced) |
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(3) |
Calculation of Profit and Loss (Example for Long position).
P/L = Close Rate - Open Rate - commission
*Close Rate = Rate when you closed your positions.
*Open Rate = Rate when you open your positions. |
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(4) |
Commission
Online Trade: Free
Telephone Trade: Generally, we charge 3,000 JPY or the equivalent in other currency for one order and this will be deducted from your trading account.
In the case when our server is down or the network problem is on our side, no cost will be incurred by the customer.
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Contact
| MF Global FXA Securities,Ltd |
Financial Instrument Business
Registry Number: Kanto Local Finance Bureau 49 |
| Participating Association: |
Japan Securities Dealers Association |
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The Financial Futures Association of Japan |
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Japan Investor Protection Fund |
| 7F M’s Square, 1-16-1 Kanda-Nishikicho, Chiyoda-ku, Tokyo 101-0054, Japan |
| URL: http://www.fxasec.com/ehtml |
| TEL: +81(3)5217-0612 |
| Fax: +81(3)5217-0617 |
| e-mail form: http://www.fxasec.com/ehtml/contactus.html |
Please contact us any question for OTC derivatives transactions etc.
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Important Notice: Risk Control for Next Monday Opening |
The market may move greatly at the beginning of next week due to uncertain factors of economic throughout the world.
You must trade with risk control to adjust or make stop-loss orders on positions and
keep an adequate amount of usable margin.
*For details about margin call, please check out the following link;
http://www.fxasec.com/ehtml/faq2.html#5
You may also receive the same message in Japanese after this message in English because the message system sends it to all our customers at the same time.
If you receive a message in Japanese, please just click "Ok" and remove it.
We apologize for this inconvenient situation.
MF Global FXA Securities, Ltd.
Customer Support
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Important Notice: advance notice related to the revision of the margin regulation |
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According to the Financial Instruments and Exchange law in September, 2007, MF Global FXA Securities Ltd, as a registered Financial Instrument Firm, has a requirement to explain important matters relating to Foreign Exchange Margin Trading.
Due to the revision of the margin regulation on August 1st 2011, MF Global FXA Securities, Ltd. will revise Delivery of Document Prior to Conclusion of Contract etc. and initial deposit amount based on the financial instruments and exchange law on July 25th, 2011(Monday).
We will send an important notice through Message System of Chart Trader (CT) around 17:00 (Japan time) on July 22nd, 2011(Friday) to all our customers.
Please view the link below for more details.
Important notice of Delivery of Document Prior to Conclusion of Contract due to the revision of the margin regulation.
Please read carefully, and agree with the notice in order to continue trading.
Traders who disagree with this notice would not be able to continue trading.
(Note)
If you use CT mobile system, you must read and agree it through your PC in advance, otherwise you cannot use CT mobile System.
You may also receive the same message in Japanese after this message in English because the message system sends it to all our customers at the same time.
If you receive a message in Japanese, please just click "Agree" and remove it.
We apologize for this inconvenient situation.
If you have any question, please contact us by our Mail Form;
www.fxasec.com/ehtml/contactus.html.
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Notice about the revision of margin regulations |
Please be informed that the maximum leverage will change to 25 times due to the revision of the margin regulation on August 1st, 2011.
The new margin regulation is subject to individual customers except corporate customers.
Example:
In case of USD/JPY 100 yen, 10,000 units of trade,
The total trading amount = 100 yen x 10,000 units = 1,000,000 yen
The amount of margin = 1,000,000 yen x 4% = 40,000 yen
Based on the above regulation, we change the initial deposit amount from 50,000 yen to 100,000 yen.
Schedule to apply the new margin and initial deposit amount:
At 6:10 am(JAPAN Time) on July 25th, 2011(Monday)
Note:
The new margin will be applied from July 25th, 2011 to all positions including your positions which you have opened before July 25th.
Margin call may occur if usable margin becomes less than 0 yen after the adaptation.
Please be aware of the risk control, and margin when trading.
Please refer to the details for Margin Call on our home page below.
http://www.fxasec.com/ehtml/faq2.html#5
You may also receive the same message in Japanese after this message in English because the message system sends it to all our customers at the same time.
If you receive a message in Japanese, please just click "Agree" and remove it.
We apologize for this inconvenient situation.
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Schedule during Japanese Holiday Season between 4/29 to 5/5/2011 |
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Schedule during Japanese Holiday Season
1. FX Trading
Trading as usual
2. Withdrawals
It will take 4 company's business day and/or Japanese bank business day at least to make fund transfer to your registered bank or financial institution.
3. Initial Deposits
Regarding Initial Deposits accepted until 15:00 on 4/28, your trading ID will be issued on 4/28.
Regarding Initial Deposits accepted between 15:00 on 4/28 -15:00 on 5/2, your trading ID will be issued on 5/2.
Regarding Initial Deposits accepted between 15:00 on 5/2 -15:00 on 5/6, your trading ID will be issued on 5/6.
4. Additional Deposits
Additional deposits will be accepted until 17:00 on Japanese bank business days and/or our business day and placed in your account within the same day the deposit is made.
Note:
1) Please be informed that we shall have no responsibility for any losses caused by margin call before additional deposit has been placed in your trading account.
2) All Time is shown as Japan Time.
Please make sure that you should prepare the adequate balance in your trading account to control risks such as Margin Call occurrence cause by lack of margin etc. during this term.
MF Global FXA Securities, Ltd
Customer Support
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Important Notice:About the Over-the-counter Derivatives Transactions |
According to the Financial Instruments and Exchange law in September, 2009.
MF Global FXA Securities Ltd, as a registered Financial Instrument Firm, has a requirement to explain important matters relating to Foreign Exchange Margin Trading.
We will send an important notice through Message System of Chart Trader (CT) around 12:00 (Japan time) on March 31th 2011 to all our customers.
You must read the notice carefully and need to agree it.
If disagree, you cannot continue to trade.
(Note)
If you use CT mobile system, you must read and agree it through your PC in advance, otherwise you cannot use CT mobile System.
Please be aware that you may also receive the same message in Japanese, as all messages are sent at the same time dued to our message syetem function.
If you receive a message in Japanese, please just click OKor Agree and remove it.
We apologize for this inconvenient situation.
If you have any question, please contact us by our Mail Form;
www.fxasec.com/ehtml/contactus.html.
MF Global FXA Securities, Ltd.
Customer Support
Business Name: MF Global FXA Securities, Ltd.
Securities Reg No: Kanto Local Financial Bureau. License No 49
Membership of association: Japan Securities Dealers Association(JSDA)/The Financial Futures Association of Japan(FFAJ)
Please view the link below for more details.
Detail
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Important Notice:Recovering the normal condition of contact phone number, order by phone and account opening from March 28th, 2011
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Contact phone number and operation hours for customer service Customer Service： 03-5217-0612
Operation hours 6:00am Monday to 5:00am Friday |
Order by phone
Order by phone through our operators, which had been stopped temporarily, shall begin again. |
Account opening
Account opening which had been stopped temporarily shall begin again. |
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Temporary Emergency Contact Telephone Numbers |
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IMPORTANT NOTICE! |
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Due to the recent accident at Fukushima Nuclear Power Station and the north eastern coastal earthquake in Japan, we have set up temporary emergency contact numbers.
Please note the times of business below. |
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Customer Support |
03-6861-7573 (6:00am to 4:00pm Japan Time) |
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03-6861-7564 (4:00pm to 2:00am Japan Time) |
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Furthermore, due to this emergency we may suffer trouble with telephone line connections, it may be difficult to get through to staff from time to time. We apologise for any inconvenience and thank you for your understanding. |
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MF Global FXA Securities Ltd
Customers Support |
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Important notice about OUR SERVICE due to the present major earthquakes!
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Please be informed that our services include customer support services via phone, deposit/withdrawal operation etc. may suddenly stop due to the present unavoidable situations, such as evacuation of our offices due to the present earthquakes in Japan.
Thank you for your understanding.
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Important Notice: 2011/3/14(Mon) trading information! |
Please be informed that the start time for trading on 2011/3/14(Mon) will be from 6:10am Japan time in principle.
However, due to the earthquake, there may be a delay and the spread may get wider depending on the market situation. Also, it may be difficult to connect to our customer support via phone.
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About change of trading hours due to the end of Daylight saving time |
|
Please be informed that Trading Hours will change from 3/14(Mon) due to the end of Daylight Saving Time.
Please take note of this issue when you trade.
Present
(Daylight Saving Time) |
- |
From March 14th (Mon)
(Standard Time) |
|
Start Time on Monday
JP time 7:10 |
JP time 6:10 |
|
Finish Time on Saturday
JP time 6:00 |
JP time 5:00 |
|
Rollover Time
(Tue - Fri) JP time 7:00
(Sat) JP time 6:00 |
(Tue - Fri) JP time 6:00
(Sat) JP time 5:00 |
|
|
Lower Spread Campaign |
Take a chance. Dont miss it.
Currency Pair AUD/JPY3.5 2pips*
Currency Pair NZD/JPY4.5 3pips*
Period: From 07:10 on 14/FEB/2011 until 06:00 on12/MAR/2011 (Japan Time)
*Spread may be changed depending on market situation.
|
|
Continuation Lower Spread Campaign |
Take a chance. Dont miss it.
Currency Pair AUD/JPY 3.5 reduced to 2pips*
Period until 06:00 on 12th February, 2011 (Japan Time)
*Spread may be changed depending on market situation.
|
|
New Years Low Spread Campaign |
Take a chance! Dont miss it!!
AUD/JPY 3.5 2.0
Period:2010/01/17 07:10 (Japan Time) ~ 2010/02/01 07:00(Japan Time)
*The above spreads are subject to change due to the market conditions.
High Quality PlatformChart Trader
a) back-test function of Automated Trade System --- Strategy Tester
b) more than 80 tools of technical analysis
c) customise your own Trading System / Technical Analysis
****************************************************************
MF Global FXA Securities, Ltd.
E-mail: fxacust001@fxasec.com
****************************************************************
|
|
Important Notice ~Home Page Maintenance |
Please be informed that we are going to maintenance our website between 23:00 on January 12th to 06:00 on January 13th, 2011.
If you could not access our website during the above-mentioned hours, please use the following links.
Inquiry by E-mail
fxacust001@fxasec.com
Classified Procedure (confirmation and revise of registration data /withdrawal etc.)
https://www.forex8.com/custcare/login.htm
Demo Registration
http://server0.forexserver.net/registration/demoReg?UnitID=813272
Online Signup Form
https://www.forex8.com/esignup/
|
|
Schedule during year-end and new year period |
FX Trading
As usual
Deposit (JPN Time)
(Additional deposit)
Additional deposit operation will be stopped during 31st of December 2010 to 3rd of January 2011
(Initial deposit)
Confirmed during 30th of December 2010 15:00 Scheduled to set Chart Trader Login ID on current day
Confirmed during 30th of December 2010 15:00 to 4th of January 2011 15:00 Scheduled to set Chart Trader Login ID on 4th of January 2011
(Withdrawals)
In principle, we need at least 4 our business day and bank business day for withdrawal operation.
Note:
*Please be informed that the above time schedule might change.
Risk control
*On the above period, forex market liquidity would become lower and in some cases, moves dynamic and rapidly and your position may be closed by margin call. Please be careful and we recommend to all users to make appropriate risk control (inlcuding positon making).
******************************************
|
|
Important notice of Delivery of Document Prior to Conclusion of Contract |
Please be noticed an imporant notice regarding to Important notice of Delivery of Document Prior to Conclusion of Contract will be sent to all customers on 14th of December at noon.
Please read carefully, and agree with the notice in order to continue trading.
Traders who disagrees with this notice would not be able to continue trading.
Please view the link below for more details.
Important notice of Delivery of Document Prior to Conclusion of Contract
|
|
About change of trading hours due to the end of Daylight saving time |
|
Please be informed that Trading Hours will change from 11/08(Mon) due to the end of Daylight Saving Time.
Please take note of this issue when you trade.
Present
(Daylight Saving Time) |
- |
From November 8(Mon)
(Standard Time) |
Start Time on Monday
JP time 6:10 |
JP time 7:10 |
Finish Time on Saturday
JP time 5:00 |
JP time 6:00 |
Rollover Time
(Tue - Fri) JP time 6:00
(Sat) JP time 5:00 |
(Tue - Fri) JP time 7:00
(Sat) JP time 6:00 |
|
|
Notice of changes in Privacy Policy |
Please be noticed a new rule has been added to the Privacy Policy from 29th October 2010.
|
|
The 10th Year Anniversary Campaign! |
We offer low spread ad :
USD/JPY 1 pip*
EUR/USD1 pip*
* The above spreads are subject to change due to the market conditions
Campaign Period :
2010/10/01 6:00(Japan time) ~ 2010/10/30 5:00(Japan time)
|
|
Notice about the revision of margin regulations |
We at MF Global FXA Securities, Ltd. thank you for choosing us for both present and past trading, and we hope that you choose to continue to trade with us.
The following information is of the utmost importance, and we require all customers to read through thoroughly.
Due to the revision of the Financial Instruments and Exchange Act, the margin regulation will be amended from August 1st 2010, and we are informing all our customers of the following plans.
From August 1st 2010, the margin requirement will be set at 2% or (equivalent to 50 times leverage), and after August 1st 2011 will be set to 4% or (equivalent to 25 times leverage).
MF Global FXA Securities, Ltd. has implemented a new support system into it's program for the required changes, please take note of the following dates for the margin change requirements below. We ask customers to read and fully understand the planned changes below, before proceeding to trade after August 1st, 2011.
The new margin regulation is subject to individual customers only, and is not subject to corporate customers.
About Leverage:
At present the leverage is set at approx 1:100 on Chart Trader.
We fixed the margin requirement to 0.1lot (10,000 currency unit). We are planning to revise the leverage and will set this up as follows from 06:10 (JST) Monday July 26th 2010.
Planned new leverage selection (New margin requirement)
*Individual Customers: 1:50 (2%), 1:25 (4%)
**Corporate Customers: 1:100 (1%), 1:50(2%), 1:25 (4%)
- Default setting will be 1:50 (2%) for Individual Customers, 1:100 (1%) for Corporate Customers.
Note:
If usable margin is less than 0 yen after the adaptation, margin call will take place.
Therefore, we advise traders to pay great attention to margin and also to practice greater risk control when trading.
Please refer to the details for Margin Call on our home page below.
http://www.fxasec.com/ehtml/faq2.html#5
About Hedging to be discontinued:
After taking into consideration the disadvantages below, and due to the increase in burden of traders margin necessary for transactions, denominated both with the regulatory margin, and after the market closes at 5 am (Saturday) July 24th, 2010, hedging will no longer be available.
Demerits of Hedging:
The loss does not change the evaluation, or produce the same effect as if made at the time of payment transactions, it is alsoeconomically unreasonable to retain this hedge position
Expansion due to sudden changes in market spreads, makes hedging prone to deficiency of payment.
Loss in the difference of a swap rate occurs daily, and loss is expanded.
To Customers who have a Hedge Position
You will be required to remove your hedge position by a method judged to be optimal, by the following time.
Planned Date:
July 24th 2010 05:00(JST)
How to remove your hedge position:
1) Close with Hedge. Close both sell position and buy position at the same time
2) Close one or the other designated sell or buy positions
Note: All customers that have not removed their hedge position by 05:00 (JST) on Saturday July 24th 2010, will have all hedge positions closed by MF Global FXA Securities, Ltd's dealers, at their discretion at the closing rate.
We thank you for your understanding on our position to close all hedging in future trading with us.
If you have any questions, please contact us by mail form via the link below.
Contact Form
|
|
Notice for System Maitenance |
Please be informed that we are planning to have
the system maintenance on this weekend.
|
|
Release of new product Gold CFD to demo |
We would like to inform you that we will add the new instrument ?old CFD fro fro from May 24th , 2010.
Summary of Gold CFD
*Name: Gold CFD XAU/USD (Contract for Difference)
*Currency: US dollar
* Spread: 10 pips Quasi-Fixed Type (In principle the spread is fixed, but it may be wider depending on the market condition).
*Minimum Trading Unit : 0.1 lot =10 toz
*Margin Requirement : 40,000 JPY or equivalent in other currencies for 0.1 lot
*Interest : Pay/Receive
*Trading Hours: 24 hours (The price feed. may stop.)
*No limit for settlement
*Able to trade Gold CFD on FX account
To Start Trading Gold CFD
If you start to trade Gold CFD, you need to follow the procedures below after login to Chart Trader.
Click ?AUUSD dis dis displayed in gray on the Dealing Rates window, choose it and agree with Trading Disclaimer.
|
|
Changes in Solicitation |
Please be informed that we have revised a part of Solicitation Policy on 20th may.
Please view the Solicitation Policy for details |
|
Notice regarding Risk Control for next Monday opening and CT Log-in Password |
Risk Control for the beginning of next week
The market may move greatly at the beginning of next week
due to uncertain factors of economics throughout the world.
You must trade with risk control to adjust or make stop-loss orders on positions and
keep an excess amount of usable margin.
*For details about margin call, please check out the following link;
http://www.fxasec.com/ehtml/faq2.html#5
Number of characters of CT Log-in Password
The minimum number of CT Log-in Password will be 8 characters from
2010/5/10 for security upgrades.
(Note) Please change your password if your password is below 7 characters,
Login to CT?CT Navigator window?File?Change Password
Number of characters must be 8 and above.
When you login, the below login window for new password settings will be displayed.
Please enter your new password. (Note: Number of characters must be 8 and above.)
|
|
Schedule during Japanese Holiday Season between 4/29/2010-5/05/2010 |
FX Trading
Trading as usual
Withdrawals
It will take 4 company's business day and/or Japanese bank business day at least
to make fund transfer to your registered bank or financial institution.
Initial Deposits
Regarding Initial Deposits accepted until 15:00 on 4/28, your trading ID will be issued on the same day.
Regarding Initial Deposits accepted between 15:00 on 4/28 -15:00 on 4/30, your trading ID will be issued on 4/30.
Regarding Initial Deposits accepted between 15:00 on 4/30 -15:00 on 5/6, your trading ID will be issued on 5/6.
Additional Deposits
Additional deposits will be accepted until 17:00 on Japanese bank business days and/or our business day
and placed in your account within the same day the deposit is made.
Note:
1) Please be informed that we shall have no responsibility for any losses caused by margin call
before additional deposit has been placed in your trading account.
2) All Time is shown as Japan Time.
Please make sure that you should prepare the adequate balance in your trading account to control risks such as Margin Call occurrence cause by lack of margin etc. during this term. |
|
New funtion will be added to Chart Trader Live |
We are pleased to anounce you that a new function of Trailing Stop will be added to CT Live account after business hours on 4/24(Sat). CT will be temporarily under system maintenance. For details, click Trailing Stop Manual below.
Trailing Stop Manual
If you have any question, please contact us by Email Form below.
Mailform |
|
New funtion will be added to Chart Trader Demo |
************
Subject: New function of Trailing Stop will be added to CT Demo account
************
We are pleased to anounce you that a new function of Trailing Stop will
be added to CT Demo account after business hours on 4/10(Sat).
CT will be temporarily out of service for system maintenance.
For details, click Trailing Stop Manual below.
Trailing Stop Manual
if you don't have a demo account id
To open Demo Account, click Demo account Application Form below.
Demo Account Application Form
To get started, enter your Demo traiding ID and password, select Demo Trading
on Dealing Desk.
If you have any question, please contact us by Email Form below.
Mail Form
|
|
New funtion will be added to Chart Trader |
We will be adding a new function on Chart Trader on 2010 March 6th after working hours.
Function to be added
Bracketed Order Function
This is a function that can bind limit, stop orders to one group, and cancel the orders automatically, when any one of limit, stop orders within that group is confirmed.
For details, please view the manual below.
Manual
Please be informed the system will be under maintainance at this time.
Please feel free to contact by e-mail us if you have any questions.
Mail Form
|
|
Important Notice:
About Change of Trading Hours due to the start of Daylight saving time |
Please be informed that Trading Hours will change from 3/15(Mon) due to the start of Daylight saving time.
Please take note of this issue when you trade.
|
Present
|
From March 15th(Mon)
(Daylight Saving Time) |
Start Time on Monday
JP time 7:10 |
JP time 6:10
|
Finish Time on Saturday
JP time 6:00 |
JP time 5:00
|
Rollover Time
(Tue~Fri) JP time 7:00
(Sat)JP time 6:00
|
(Tue~Fri)JP time 6:00
(Sat) JP time 5:00
|
|
|
Schedule during Christmas , year-end and New Year |
|
FX Trading (NY EST) |
|
During Christmas period |
|
23/Dec/'09 |
17:00 |
Market Open (as usual) |
|
24/Dec/'09 |
16:00 |
Market Close |
|
27/Dec/'09 |
17:10 |
Market Open |
|
Swap Interest
|
| 21/Dec/'09 |
17:00 |
Interest for 1 day |
| 22/Dec/'09 |
17:00 |
Interest for 4 days (usually 1 day) |
| 23/Dec/'09 |
17:00 |
Interest for 1 day (usually 3 days) |
| 24/Dec/'09 |
17:00 |
Interest for 1 day |
| 25/Dec/'09 |
16:00 |
No Swap interest (usually 1 day) |
|
During Year-End and New Year period |
|
30/Dec/'09 |
17:00 |
Market Open (as usual) |
|
31/Dec/'09 |
17:00 |
Market Close |
|
3/Jan/'10 |
17:10 |
Market Open |
| Swap Interest |
| 28/Dec/'09 |
17:00 |
Interest for 1 day |
| 29/Dec/'09 |
17:00 |
Interest for 4 days(usually 1 day) |
| 30/Dec/'09 |
17:00 |
Interest for 1 day(usually 3 days) |
| 31/Dec/'09 |
17:00 |
Interest for 1 day |
| 1/Jan/'09 |
16:00 |
No Swap interest (usually 1 day) |
| Note:During market close, our Telephone/Email support are also be closed. |
Deposits(NY EST) |
| During Christmas period |
| (Addtional deposit) |
| Additional deposit operation will be stopped during 24/Dec/'09~25/Dec/'09. |
| (Initial deposit) |
| Confirmed til 24/Dec/'09 01:00 |
|
Scheduled to set Chart Trader Log in ID on current day. |
Confirmed during 24/Dec/'09
01:00~28/Dec/'09 01:00 |
|
Scheduled to set Chart Trader Log in ID on 26/Dec/'09. |
| (Withdrawals) |
| In principle, we need at least 4 FXA business day and bank business day for withdrawal operation. |
| During Year-End and New Year |
| (Addtional deposit) |
| Addtional deposit operation will be stopped during 30/Dec/'09 ~ 3/Jan/'10 |
| (Initial deposit) |
|
|
| Confirmed till 30/Dec/'09 01:00 |
|
Scheduled to set Chart Trader Log in ID on current day. |
Confirmed during 30/Dec/'09
1:00~4/Jan/'10 01:00 |
|
Scheduled to set Chart Trader Log in ID on 4/Jan/'10. |
| (Withdrawals) |
| In principle, we need at least 4 FXA business day and bank business day for withdrawal operation. |
|
Note:
*Please be informed that the above time schedule might change.
*On the above period, forex market liquidity would become lower and in some cases, moves dynamic and rapidly.Please be careful and we recommed to all users to make appropriate risk control (inlcuding positon making). |
|
|
Important Notice:
about Change of Trading Hours due to the end of Daylight saving time |
Please be informed that Trading Hours will change from 11/02(Mon) due to the end of Daylight saving time.
Please take note of this issue when you trade.
|
Present
(Daylight Saving Time) |
From November 2nd(Mon)
(Standard Time) |
|
Start Time on Monday
JP time 6:10 |
JP time 7:10
|
|
Finish Time on Saturday
JP time 5:00 |
JP time 6:00
|
|
Rollover Time
(Tue to Fri) JP time 6:00
(Sat) JP time 5:00
|
(Tue to Fri) JP time 7:00
(Sat) JP time 6:00
|
|
Working hours during Silver Week
|
|
Schedule during Japanese Holiday Season between
09/21/2009-09/23/2009
FX Trading
Trading as usual
Withdrawals
Confirmed until 17:00 on 18th Sep - 24th Sep or later
It will take 4 company's business day and/or Japanese bank business day at least to make fund transfer to your registered bank or financial institution.
Deposit
[Initial Deposit]
Confirmed until 15:00 on 18th Sep - your trading ID will be issued on 18th Sep
Confirmed until 15:00 on 24th Sep - your trading ID will be issued on 24th Sep.
[Additional Deposit]
Confirmed from 17:00 on 18th to 17:00 on 24th Sep - Operation will be on 24th Sep
Note:
1) Please be informed that we shall have no responsibility for any losses caused by margin call before additional deposit has been placed in your trading account.
2) All Time is shown as Japan Time.
Please make sure that you should prepare the adequate balance in your trading account to control risks such as Margin Call occurrence cause by lack of margin etc. during this term.
|
|
Notice of revisions of spread |
We would like to aanounce you that the following spreads of 10 currency pairs of Quasi-fixed type will be revised from 7 September, 2009.
| Currency Pair |
Current |
|
From 7 Sep. '09 |
| AUD/JPY |
4 |
- |
3.5 |
| EUR/AUD |
8 |
7 |
| EUR/CAD |
8 |
6 |
| EUR/JPY |
3 |
2.6 |
| EUR/USD |
2 |
1.9 |
| GBP/JPY |
6 |
4.9 |
| GBP/USD |
4 |
3.5 |
| NZD/JPY |
5 |
4.5 |
| NZD/USD |
5 |
4.5 |
| USD/JPY |
2 |
1.8 |
(* The abov spread are available under the normal market condition)
For details, please go to our website.
|
|
New 3 Currency Pair |
|
We would like to inform you that we are going to start handling SGD and ZAR newly as Quasi-fixed spread from 31st August, 2009.
| New Currency Pair |
Spread |
Margin(per 0.1 lot) |
| AUD/SGD(Australian Dollar/Singapore Dollar) |
12 |
7,000yen or equivalent |
| USD/SGD(US Dollar/Singapore Dollar) |
8 |
10,000yen or equivalent |
| ZAR/JPY(South Africa Rand/Japnese Yen) |
5 |
2,400yen or equivalent |
|
|
Important Notice:
Advanced notice of planned company name change |
|
We are pleased to announce you that we are going to change our company name to
MF Global FXA Securities Ltd.. from 1st September, 2009.
We believe that the new company name shows clearly that our shareholder is MF Global Holdings Overseas Limited (listed on NYSE) to all of our customers.
We would like to take this opportunity to improve our services and develop our business.
| [Old Company Name] |
FXA Securities Ltd. |
| [New Company Name] |
MF Global FXA Securities Ltd. |
| [Effective Date] |
1st September, 2009 |
Also the account holder name of SMBC and the company name on the contract will change to the new company name.
Note) There is no change in our contact information of office address, telephone number and fax number etc.
| [Changing the account holder name of SMBC] |
| Old Account Holder Name: |
FXA Securities Ltd. |
| New account Holder Name: |
MF Global FXA Securities Ltd. |
| Effective Date: |
1st September, 2009 |
|
* There is no change in the name of bank and branch and the account number etc.
* Old Account Name is also available as usual.
|
| [Changing the company name on the contract] |
| Contract: |
Foreign Exchange Margin Trading Agreement |
| Effective Date: |
1st September, 2009 |
|
| * There is no change in the contract details. |
|
|
Notice of revisions of fees on foreign related transactions on our main bank SMBC |
|
Dear Customer,
We would like to inform you that our main bank SMBC will revise fees of a part of foreign related transactions from 24th August, 2009.
For details, please refer to the SMBC website.
|
|
Segregation of Funds 100% Trust Protection! |
Due to the revision of the Financial Instruments and Exchange law, all assets deposited by customers are required to be segregated and managed separately from company assets (margin to hedging counter parties,designated bank deposit anddesignated trust deposit).
MF Global FXA Securities Ltd. manages all clients segregated assets by designated trust deposit from Jun 1st 2009.
read more...
|
Important Notice about working hours during Golden Week!!!
|
|
Schedule during Japanese Holiday Season between
5/01/2009-5/06/2009
FX Trading
Trading as usual
Withdrawals
It will take 4 company's business day and/or Japanese bank business day at least to make fund transfer to your registered bank or financial institution.
Initial Deposits
Regarding Initial Deposits accepted until 15:00 on 5/01/2009, your trading ID will be issued on the same day.
Regarding Initial Deposits accepted between 15:00 on 5/01/2009 -15:00 on 5/07/2009, your trading ID will be issued on 5/07//2009.
Deposits
Additional deposits will be accepted until 17:00 on Japanese bank business days, plus our business day, except the period of 5/03/2009-5/06/2009. The deposit will be placed in your account within the same day the deposit is made.
Note:
1) Please be informed that we shall have no responsibility for any losses caused by margin call before additional deposit has been placed in your trading account.
2) All Time is shown as Japan Time.
Please make sure that you should prepare the adequate balance in your trading account to control risks such as Margin Call occurrence caused by lack of margin etc. during this term.
|
|
Important Notice:
Change Required Margin and Other important notice |
|
We are planning to change and release the following 3 items on 2/Mar/2009.
|
|
1. Change Monday market opening time
We will change opening time to AM7:10 JST(6:10 DTS)from AM7:00JST.
This is temporary solution. |
|
|
2. Change Required Margin for all 19 currency pairs
Details will be as follows.
| Currency Pair |
Total Positions |
| Current requirement |
Available from
2/March/2009 |
| 0.150.0lots |
50.1 lot~ |
0.150.0lots |
50.1 lot~ |
| AUD/CAD |
9,000yen
or
equivalent |
36,000yen
or
equivalent |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| AUD/JPY |
9,000yen
or
equivalent |
36,000yen
or
equivalent |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| AUD/USD |
9,000yen
or
equivalent |
36,000yen
or
equivalent |
7,000yen
or
equivalent |
28,000yen
or
equivalent |
| CAD/JPY |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
8,000yen
or
equivalent |
32,000yen
or
equivalent |
| CHF/JPY |
9,000yen
or
equivalent |
36,000yen
or
equivalent |
9,000yen
or
equivalent |
36,000yen
or
equivalent |
| EUR/AUD |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/CAD |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/CHF |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/GBP |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/JPY |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| EUR/USD |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
13,000yen
or
equivalent |
52,000yen
or
equivalent |
| GBP/CHF |
20,000yen
or
equivalent |
80,000yen
or
equivalent |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
| GBP/JPY |
20,000yen
or
equivalent |
80,000yen
or
equivalent |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
| GBP/USD |
20,000yen
or
equivalent |
80,000yen
or
equivalent |
15,000yen
or
equivalent |
60,000yen
or
equivalent |
| NZD/JPY |
8,000yen
or
equivalent |
32,000yen
or
equivalent |
5,000yen
or
equivalent |
20,000yen
or
equivalent |
| NZD/USD |
8,000yen
or
equivalent |
32,000yen
or
equivalent |
5,000yen
or
equivalent |
20,000yen
or
equivalent |
| USD/CAD |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
| USD/CHF |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
| USD/JPY |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
10,000yen
or
equivalent |
40,000yen
or
equivalent |
|
|
NOTE: |
| *New Required Margin will be reflected to existing positions after any trade or margin call has been held. |
3. Release New Market Order
Currently, your market order will be rejected when the market moves very fast.
But your market order is confirmed using Use latest rate from market function at the market rate.
For more information, please visit the following web site.
http://www.fxasec.com/ehtml/withoutP.html
|
|
Released Variable Spread on Live Account |
Variable Spread will change in real time according to the situation of the market .
4 currency pairs have been released for our Variable Spread.
Available from Zero (0) pip for USD/JPY and EUR/USD.
|
VARIABLE SPREAD |
|
CURRENCY PAIRS |
SPREAD |
|
USD / JPY |
Always change in real time according to market situation |
|
EUR / USD |
|
|
EUR / JPY |
|
|
GBP / JPY |
|
|
The Variable Spread will change according to the market situation. |
Variable spread is available after our prescribed procedure.
For detailed information, please see our Spread Type page.
|
Released Variable Spread on Demo Account
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Variable Spread is now available on our DEMO Account. We have released 4 currency pairs (EUR/USD, EUR/JPY, USD/JPY, GBP/JPY) of Variable Spread.
To display this spread type, please follow the below steps.
(Firstly, please make sure that you are using our latest version of CT.)
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1. |
Login to CT. |
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2. |
Left Click Basic variable apread instruments.
(Location)
CT Navigator Options tub Properties Trading Basic variable spread instruments
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3. |
Agreement window Agreement for basic variable spread instrument will be displayed. Please read carefully and if you recognize and agree, mark off Check box at lower left and click OK button. |
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4. |
Information window will be displayed. Please select Relogin or Exit Application. Variable Spread wil be activated after relogin to the CT.Pairs with (v) are for Variable Spread. |
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Important Notice: Schedule during Christmas , year-end and New Year
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FX Trading (NY EST) |
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During Christmas period |
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23/Dec/'08 |
17:00 |
Market Open |
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24/Dec/'08 |
17:00 |
Market Close |
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25/Dec/'08 |
17:00 |
Market Open |
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During Year-End and New Year period |
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30/Dec/'08 |
17:00 |
Market Open |
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31/Dec/'08 |
17:00 |
Market Close |
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1/Jan/'09 |
17:00 |
Market Open |
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| Note:During market close, our office is closed. |
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Deposits(NY EST) |
| During Christmas period |
| (Addtional deposit) |
| Additional deposit operation will be stopped during 24/Dec/'08 to 25/Dec/'08. |
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| (Initial deposit) |
| Confirmed till 24/Dec/'08 01:00 |
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Scheduled to set Chart Trader Log in ID on current day. |
| Confirmed during 24/Dec/'08 01:00~26/Dec/'08 01:00 |
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Scheduled to set Chart Trader Log in ID on 26/Dec/'08. |
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| (Withdrawals) |
| Request during 18/Dec/'08 03:00~20/Dec/'08 03:00 |
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Schedule to funds transfer on 22/Dec/'08. |
| Request during 20/Dec/'08 03:00~23/Dec/'08 03:00 |
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Schedule to funds transfer on 24/Dec/'08. |
| Request during 23/Dec/'08 03:00~25/Dec/'08 03:00 |
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Schedule to funds transfer on 26/Dec/'08. |
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| During Year-End and New Year |
| (Addtional deposit) |
| Addtional deposit operation will be stopped during 30/Dec/'08 03:00~4/Jan/'09 17:00. |
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| (Initial deposit) |
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| Confirmed till 30/Dec/'08 01:00 |
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Scheduled to set Chart Trader Log in ID on current day. |
| Confirmed during 30/Dec/'08 1:00 to 5/Jan/'09 01:00 |
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Scheduled to set Chart Trader Log in ID on 5/Jan/'09. |
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| (Withdrawals) |
| Request during 29/Dec/'08 03:00 to 1/Jan/'09 03:00 |
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Schedule to funds transfer on 5/Jan/'09. |
| Request during 1/Jan/'09 03:00 to 4/Dec/'09 03:00 |
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Schedule to funds transfer on 6/Jan/'09. |
| Request during 4/Jan/'09 03:00 to 6/Jan/'09 03:00 |
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Schedule to funds transfer on 7/Jan/'09. |
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Note:
*Please be informed that the above time schedule may be changed by us.In principle, it will take 4 FXA business days and bank business days for withdrawal operation.
*During the above period, forex market liquidity may become lower and in some cases, move volatile.
Please be aware of the risk involved, we recommed all users to make appropriate risk control (inlcuding positon making). |
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Important Notice about our Trading Systems
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Chart Trader has been updated and the following new services were released on 2008/08/27.
Trading System Optimization
In the previous version it was programmed to calculate theoritical profit / loss by setting the parameter you made. However in the new optimization functions it allows finding the optimum parameter by setting the simulation range for the parameter
* The manual for the Trading System(Optimization) is still undergoing editing. We will notify users when it is ready.
Trading System Forum (Only for CT Trading System users)
The Trading System Forum, previously administrated by a the third party administrator, is now under the management and administration of MF Global FXA Securities Ltd This forum is provided for the exchange of information about our Trading System(TS) between users. FXA Securities, Ltd in principle, only manages and administrates this forum. (For more details, please read the terms of user registration.) We hope that it will be useful to users as an online interactive information room to exchange ideas, tips and tricks about the Trading Systems.
http://www.fxasec.com/ehtml
Please click TRADING SYSTEM FORUM, the button located in the navigation panel on the left side of our website.
Notice for all Demo users,
Please make note that the functions for the Strategy Tester are NOT AVAILABLE for DEMO ACCOUNT due to the system update, this is only available for Live account.
Thank you for your understanding and cooperation.
If you have any question, please contact us via Mail Form through the following link;
Mail Form
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CT's version will be updated this weekend(2008/06/14-15)
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The following functions will be added.
Trading System
*Event log for the active trading system will be added so as to save the log to text file.
(Right click on the chart Attached Trading Systems click added trading system click View events click Save as report and input file name and select place to save.
Indicator
*Added overview for each indicator on property window.
*Added RCI(=Rank Correlation Index).
*Updated Moving Average. New selection SmoothandRunning will be added for Type. Able to amend in property window.
Send E-mail function
*Added function to send email from CT to specified address.(test E-mail only)
(CT Navigation Options Properties General Email properties)
Easy log file maker
*Added function to make a log file in zip form more easily.
Upgraded display speed (only for demo trade at this time).
If you have any questions, please contact us via mail form.
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Strategy Tester has been released today. 4/25/2008.
The Strategy tester is a new developed function to test the trading system
with your own settings of parameters and favorite currency pairs.
For more information, go to the URL for Strategy Tester at;
http://www.fxasec.com/ehtml/docs/st_en.pdf
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Important Notice:
Schedule during Japanese Holiday Season between 5/01/2008-5/07/2008
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Japanese Holidays
5/03/2008(Sat): Holiday
5/04/2008(Sun): Holiday
5/05/2008(Mon): Holiday
5/06/2008(Tue): Holiday
FX Trading
Trading as usual.
Deposits
Additional deposits will be accepted until 17:00 on Japanese bank business days, plus our business day, except the above period of 5/03/2008-5/06/2008. The deposit will be placed in your account within the same day the deposit is made.
Regarding Initial Deposits accepted until 17:00 on 5/02/2008, your trading ID will be issued on 5/07//2008.
Withdrawals
Regarding requests during the period of 17:00 5/01/2008 thru 17:00 5/04/2008, they will be processed on 5/07/2008.
Regarding requests during the period of 17:00 5/04/2008 thru 17:00 5/07/2008, they will be processed on 5/08/2008.
Note:
1) FXA Securities, Ltd shall not be held responsibe if margin call occurs with your account by sort margin, before additional deposits to your account.
2) All Time is shown as Japan Time.
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