Common use of CFD Expiration Rollover Clause in Contracts

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”. You should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contract. (c) JME Financial Services (Pty) Ltd will endeavor to inform customers about any projected expiration of instruments by Popup, email or through the Company’s website. However, JME Financial Services (Pty) Ltd cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”” and will not affect the real value of your equity. You However, you should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect automatically removed on the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company Midori FX Ltd takes the settlement prices of the two contracts from the relevant official exchange. To reflect There are no other costs incurred by the new Future contracts, Customer involved in the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contractExpiration Rollover. (c) JME Financial Services (Pty) Midori FX Ltd will endeavor to inform customers about any projected expiration of instruments by Popup, email or through the Company’s website. However, JME Financial Services (Pty) Midori FX Ltd cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Midori FX Ltd for calculating the Adjustment: (i) MT5 Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Markets Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: MT5 Platform New contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: New contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in on the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Midori FX Ltd sole and absolute discretion, JME Financial Services (Pty) Midori FX Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Midori FX Ltd sole and absolute discretion, JME Financial Services (Pty) Midori FX Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, in and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”. You should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contract. (c) JME Financial Services (Pty) Ltd will endeavor to inform customers about any projected expiration of instruments by Popup, email or through the Company’s website. However, JME Financial Services (Pty) Ltd cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”” and will not affect the real value of your equity. You However, you should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect automatically removed on the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company Frontier Markets Pty Ltd takes the settlement prices of the two contracts from the relevant official exchange. To reflect There are no other costs incurred by the new Future contracts, Customer involved in the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contractExpiration Rollover. (c) JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD will endeavor endeavour to inform customers about any projected expiration of instruments by PopupXxxxx, email or through the Company’s website. However, JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD for calculating the Adjustment: : (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Markets Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”. You should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contract. (c) JME Financial Services (Pty) Ltd will endeavor to inform customers about any projected expiration of instruments by Popup, email or through the Company’s website. However, JME Financial Services (Pty) Ltd cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected affected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect affect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, Where the underlying instrument of a CFD has is a Future or similar instrument (but excluding any Cash Index CFDs), there will be an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price Future Price on the last Friday (or, in the case of CFDs in Cryptocurrencies, Thursday) before the official expiration day (except in cases of when it falls on a Friday when the markets are closedclosed or due to low liquidity and volume). This is known as the “Expiration Rollover”. If there would be any substantial The price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount price of the expiring CFDFuture contract underlining your original CFD Order as at the expiration date and the price of the rolling over (new) Futures contract underlining your effectively new CFD Order (“Adjustment”). (bbeing the next underlining Future price referred to above) This Adjustment will show up in be debited/credited to your Account under by means of negative/positive adjustments into your Account, relative to the size of your order. Whenever an Expiration Rollover occurs, we will charge you an amount (which will be include within “Rollover Charge”. You should Swap” or ‘Expiration Rollover” charges depending on the trading platform you are using) which shall be aware that equal to the switch between the two future prices Spread of the underlying CFDs being rolled-over. This effectively aligns to the cost that you would have incurred if your CFD could involve Order would have been closed on the expiration date and you would open a substantial price differencenew CFD Order based on the new Future contract. These charges (included in the “Swap” or “Expiration Rollover” charges depending on the trading platform you are using) shall be determined by us from time to time, in our absolute discretion. We shall subtract such charges from your Account without your prior consent having regard to the disclosures made herein. Any existing pending order(s) (stop, limitstop loss/take profit, entry stop and or entry limit) placed on these instruments limit orders attached to your original CFD Order in the underlying Future contract before it is rolled over, will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring underlying Future contract and the new CFD Future contract that your position will be automatically rolled over into. New stop loss/take profit levels will therefore automatically symmetrically apply to the new CFD Future contract. (c) JME Financial Services (Pty) Ltd , based on the distance you selected for such loss/take profit levels for the original CFD Future contract. We will endeavor exercise our best effort to inform customers clients about any projected expiration of instruments by Popuppop-up notifications, email or through the Company’s our website. However, JME Financial Services (Pty) Ltd note that we cannot provide adjustment information about an Expiration Rollover the rollover in advance and before the adjustment occurs. Therefore, Customers clients with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders Orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform. • MT4 and MT5 Platforms / Sirix: [(Lots x Contract Size) x [(New Contract – Old Contract Price)) + Spread] + Overnight Rollover CAPEX (Lots x Contract Size) x [(New Contract – Old Contract Price) + Spread] • Markets Web Trade [/ Mobile Trader: Quantity x Swap percentage charge x Last platform Mid price]] [(iiNew Contract – Old Contract) General rules: + Spread] New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + For full information on our Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded charges please refer to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equitySection “Trading Conditions” below. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, Where the underlying instrument of a CFD has is a Future or similar instrument (but excluding any Cash Index CFDs), there will be an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial The price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount price of the expiring CFDFuture contract underlining your original CFD Order as at the expiration date and the price of the rolling over (new) Futures contract underlining your effectively new CFD Order (“Adjustment”). (bbeing the next underlining Future price referred to above) This Adjustment will show up in be debited/credited to your Account under by means of negative/positive adjustments into your Account, relative to the size of your order. Whenever an Expiration Rollover occurs, we will charge you an amount (which will be include within “Rollover Charge”. You should Swap” or ‘Expiration Rollover” charges depending on the trading platform you are using) which shall be aware that equal to the switch between the two future prices Spread of the underlying CFDs being rolled-over. This effectively aligns to the cost that you would have incurred if your CFD could involve Order would have been closed on the expiration date and you would open a substantial price differencenew CFD Order based on the new Future contract. These charges (included in the “Swap” or “Expiration Rollover” charges depending on the trading platform you are using) shall be determined by us from time to time, in our absolute discretion. We shall subtract such charges from your Account without your prior consent having regard to the disclosures made herein. Any existing pending order(s) (stop, limitstop loss/take profit, entry stop and or entry limit) placed on these instruments limit orders attached to your original CFD Order in the underlying Future contract before it is rolled over, will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring underlying Future contract and the new CFD Future contract that your position will be automatically rolled over into. New stop loss/take profit levels will therefore automatically symmetrically apply to the new CFD Future contract. (c) JME Financial Services (Pty) Ltd , based on the distance you selected for such loss/take profit levels for the original CFD Future contract. We will endeavor exercise our best effort to inform customers clients about any projected expiration of instruments by Popuppop-up notifications, email or through the Company’s our website. However, JME Financial Services (Pty) Ltd note that we cannot provide adjustment information about an Expiration Rollover the rollover in advance and before the adjustment occurs. Therefore, Customers clients with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders Orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + . For full information on our Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded charges please refer to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%Section “Trading Conditions” below, rounded as well as to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference Cost & Charges document available in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equityour website. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, Where the underlying instrument of a CFD has is a Future or similar instrument (but excluding any Cash Index CFDs), there will be an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price Future Price on the last Friday (or, in the case of CFDs in Cryptocurrencies, Thursday) before the official expiration day (except in cases of when it falls on a Friday when the markets are closedclosed or due to low liquidity and volume). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”. You should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limitstop loss/take profit, entry stop and or entry limit) placed on these instruments limit orders attached to your original CFD Order in the underlying Future contract before it is rolled over, will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring underlying Future contract and the new CFD Future contract that your position will be automatically rolled over into. New stop loss/take profit levels will therefore automatically symmetrically apply to the new CFD Future contract. (c) JME Financial Services (Pty) Ltd , based on the distance you selected for such loss/take profit levels for the original CFD Future contract. We will endeavor exercise our best effort to inform customers clients about any projected expiration of instruments by Popuppop-up notifications, email or through the Company’s our website. However, JME Financial Services (Pty) Ltd note that we cannot provide adjustment information about an Expiration Rollover the rollover in advance and before the adjustment occurs. Therefore, Customers clients with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders Orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + . For full information on our Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded charges please refer to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%Section “Trading Conditions” below, rounded as well as to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference Cost & Charges document available in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equityour website. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) 5.6.1. Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price Future Price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futuresFutures, an adjustment will be credited Credited or debited Debited from the balance of your Account account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) 5.6.2. This Adjustment will show up in your Account account under “Rollover Charge”Charge and will not affect the real value of your Equity. You However, you should be aware that the switch between the two future Future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stopNotwithstanding anything to the contrary, limitany stop loss/take profit, entry stop and or entry limit) placed on these instruments limit orders attached to your expiring contract underlying your CFD Order before it is rolled over, will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract underlying your original CFD Order as at its expiration date and the new rolling over (new) contract underlying your CFD rollover date at 21:00 GMTOrder. To calculate the rollover the Company Nuntius through its liquidity providers takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contract. (c) JME Financial Services (Pty) Ltd 5.6.3. Nuntius, at its best effort, will endeavor to inform customers about any projected expiration of instruments by Popup, email or through the Company’s websitesite. However, JME Financial Services (Pty) Ltd note that Nuntius cannot provide adjustment information about an Expiration Rollover the rollover in advance and before the adjustment occurs. Therefore, therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders Orders before the rollover date and open a new position afterwards. (d) . The formula used by JME Financial Services (Pty) Ltd for calculating the Rollover Charge: MT4 Platform & Web Trader: For LONG positions: Expiration Rollover Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract PricePrice - New Contract)] + Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedureSHORT positions: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”. You should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMT. To calculate the rollover the Company takes the settlement prices of the two contracts from the relevant official exchange. To reflect the new Future contracts, the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contract. (c) JME Financial Services (Pty) Ltd will endeavor to inform customers about any projected expiration of instruments by Popup, email or through the Company’s website. However, JME Financial Services (Pty) Ltd cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd for calculating the Adjustment: (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in on the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, in and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.

CFD Expiration Rollover. (a) Unless otherwise specified, the underlying instrument of a CFD has an expiration date. However, you should be aware that CFDs are not traded up until the exact expiration date of the underlying instrument. Instead, CFDs are rolled over to the next underlying future price on the last Friday before the official expiration day (except in cases of when it falls on a Friday when the markets are closed). This is known as the “Expiration Rollover”. If there would be any substantial price difference between the two futures, an adjustment will be credited or debited from the balance of your Account (subject to the open position amount of the expiring CFD) (“Adjustment”). (b) This Adjustment will show up in your Account under “Rollover Charge”” and will not affect the real value of your equity. You However, you should be aware that the switch between the two future prices of the underlying CFD could involve a substantial price difference. Any existing pending order(s) (stop, limit, entry stop and entry limit) placed on these instruments will be adjusted to symmetrically (point-for-point) reflect automatically removed on the price differences between the expiring contract and the new contract CFD rollover date at 21:00 GMTGMT +2. To calculate the rollover the Company Frontier Markets Pty Ltd takes the settlement prices of the two contracts from the relevant official exchange. To reflect There are no other costs incurred by the new Future contracts, Customer involved in the automatic rollover will include a charge equivalent to the spread of the CFD. This effectively aligns to the cost that you would have incurred if your CFD position would have been closed on the expiration date and you would open a new CFD position based on the new Futures contract. The spread charge will form part of the adjustment already being performed to reflect the price difference between the expiring Future contract and the new Future contractExpiration Rollover. (c) JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD will endeavor endeavour to inform customers about any projected expiration of instruments by PopupXxxxx, email or through the Company’s website. However, JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD cannot provide adjustment information about an Expiration Rollover before the adjustment occurs. Therefore, Customers with open positions who do not wish to have their positions rolled over into the new tradable contract should close their position(s) and/or cancel orders before the rollover date and open a new position afterwards. (d) The formula used by JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD for calculating the Adjustment: : (i) Platform: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover CAPEX Markets Web Trade [Quantity x Swap percentage charge x Last platform Mid price]] (ii) General rules: New Price < Old Price = Credit for Long Positions/Debit for Short Positions Example 1: contract price: 9,975.00EUR Old contract price: 9,982.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = 700EUR + Overnight Rollover Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 1 lot. The adjustment will be: [(1 x 100) x (9975 – 9982)] + Overnight Rollover = -700EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 484.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged positive rollover adjustment Customer X has a long open position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20-480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = 385.87USD Short position will be charged negative rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (484.20- 480.30)/484.20 = 0.80545%, rounded to the second decimal 0.81% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.81% x 476.38] = -385.87USD New Price > Old Price = Debit for Long Positions/Credit for Short Positions Example 2: contract price: 9,982.00EUR Old contract price: 9,975.00EUR Formula: [(Lots x Contract Size) x (New Contract – Old Contract Price)] + Overnight Rollover Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982 – 9973)] + Overnight Rollover = -900EUR + Overnight Rollover Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of one (1) lot. The adjustment will be: [(1 x 100) x (9982-9973)] + Overnight Rollover = 900EUR + Overnight Rollover CAPEX Web Trader New contract price: 480.30USD Old contract price: 478.20USD Formula: [Quantity x Swap percentage charge x Last Platform Mid Price] Swap percentage charge = (old contract price – new contract price)/ old contract price Last platform Mid price = (Last Bid Price + Last Ask Price)/2 Long position will be charged negative rollover adjustment Customer X has a long position on the underlying instrument of 100 units. The adjustment will be: [Quantity x Swap percentage charge x Last platform Mid price] Swap percentage charge = (478.20-480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = -209.61USD Short position will be charged positive rollover adjustment Customer X has a short position on the underlying instrument of 100 units. The adjustment will be: Swap percentage charge = (478.20- 480.30)/478.20 = 0.43714%, rounded to the second decimal 0.44% Last platform Mid price = (475.13+477.63)/2 = 476.38 [100 x 0.44% x 476.38] = 209.61USD (e) For Islamic accounts, due to the account being swap-free, the aforementioned actions shall be effected through manual adjustments, credit or debit, to reflect the difference in the price between the old expiring contract and the new contract. The calculation formula and prices used are the same as prescribed for the normal procedure. As with normal procedure, any manual adjustments will not affect the Customer’s equity. (f) Exceptions to the normal procedure: (i) When the difference in the price of the expiring contract and the new contract is abnormally big, and In JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd retains the right to apply the Islamic accounts procedure and reflect the difference to the price through manual adjustments instead of through swaps. (ii) In the case of the liquidity of the CFD old contract being too small, and in JME Financial Services (Pty) Ltd sole and absolute discretion, JME Financial Services (Pty) Ltd has the right to effect the rollover on an earlier date than the prescribed one. (iii) All Adjustments are calculated in the currency the underlying instrument is denominated in, and in case the Account is in a different currency, the system will automatically convert this to the currency of the Account using the market rate at that time.