Guaranteed Stop Orders

Dear Client,

In response to customer requests, CMC Markets are looking to simplify the way Guaranteed Stop Orders (GSO) work. On the 20th of December 2006, GSO premiums will change from a sliding scales of pips to a fixed percentage.

Instrument Type
Premium
Minimum Distance
Shares*
0.3%
5%
Sectors
0.2%
1%
Indices
0.1%
1%

* German Share CFDs outside of the Dax30 will have a premium of 0.6%

Example

BLT(UK) is trading at 918/920

Minimum Price for a Buy GSO
Minimum Price

= Price x Minimum Placement Distance
= 920 x 5%
= 966

Placing a GSO for 1000 BLT(UK) at 966
Cost for this trade

= GSO Price x Number of CFDs x Premium
= 966 x 1000 x 0.3%
= £28.98

. . . . . . . .

For more information, email helpdesk@cmcmarkets.co.uk or call us on +44 (0)20 7170 8205.

Best regards

The team at CMC Markets

For quick answers to your account, software and dealing questions, please visit www.cmcmarkets.co.uk/help
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