Specification of transactions - JSC "NORVIK BANKA"

Specification of transactions

Currency pair	Lot size (1 lot)	Margin (1 lot)	Spread (min.) ^*	Swap in pips ^**		Limit & Stop ^***	Freeze level ^****
Currency pair	Lot size (1 lot)	Margin (1 lot)	Spread (min.) ^*	Long	Short	Limit & Stop ^***	Freeze level ^****
USDCHF	100000 USD	1000 USD	4	-0.03	-0.06	15	3
USDJPY	100000 USD	1000 USD	3	-0.03	-0.07	10	3
USDCAD	100000 USD	1000 USD	4	-0.35	0.16	15	3
USDRUB	100000 USD	1000 USD	150	-50	40	550	250
EURCHF	100000 EUR	1000 EUR	5	-0.06	-0.13	20	5
EURGBP	100000 EUR	1000 EUR	4	-0.12	0.01	15	3
EURUSD	100000 EUR	1000 EUR	3	-0.06	-0.1	10	3
EURNZD	100000 EUR	1000 EUR	10	-1.31	0.89	30	5
EURAUD	100000 EUR	1000 EUR	6	-1.54	1.13	20	5
EURCAD	100000 EUR	1000 EUR	6	-0.48	0.14	20	5
EURJPY	100000 EUR	1000 EUR	5	-0.02	-0.11	15	5
GBPUSD	100000 GBP	1000 GBP	3	0.06	-0.21	20	3
GBPJPY	100000 GBP	1000 GBP	6	0.09	-0.2	25	5
GBPAUD	100000 GBP	1000 GBP	7	-1.79	1.32	25	3
GBPCHF	100000 GBP	1000 GBP	6	0.07	-0.23	30	5
GBPCAD	100000 GBP	1000 GBP	7	-0.45	-0.08	30	5
AUDNZD	100000 AUD	1000 AUD	9	0.17	-0.55	30	5
AUDUSD	100000 AUD	1000 AUD	4	0.91	-1.18	20	3
AUDCAD	100000 AUD	1000 AUD	6	0.56	-0.87	20	5
AUDJPY	100000 AUD	1000 AUD	5	0.73	-0.87	15	5
CHFJPY	100000 CHF	1000 CHF	5	-0.02	-0.05	20	5
CADJPY	100000 CAD	1000 CAD	5	0.14	-0.31	15	5
NZDUSD	100000 NZD	1000 NZD	4	0.44	-0.61	20	5
NZDJPY	100000 NZD	1000 NZD	5	0.39	-0.5	20	5

1 pip (point) is:

- for currency pairs with 4 digits after decimal point - the smallest move of fourth digit after decimal point (0,0001)
- for currency pairs with 2 digits after decimal point - the smallest move of second digit after decimal point (0,01)

NORVIK MetaTrader	Trading time for all currency pairs
	Session opening time		Session closing time
	Tokyo	Riga	New York	Riga
Summer time	Mo, 04:00	Su, 22:00	Fr, 17:00	Fr, 24:00 ¹
Winter time	Mo, 04:00	Su, 21:00	Fr, 17:00	Fr, 24:00 ²

¹ From 11 March to 25 March, 2012 session closing time at 23:00 Riga time (daylight saving time in New York starts on second Sunday of March, while in Latvia on the last Sunday of March)

² From October 28 to November 4, 2012 session closing time at 23:00 Riga time (switching to winter time in Latvia begins last Sunday of October, and in New York on the first Sunday of November)

* During market volatility spread may be increased.
** For forwarding positions on Wednesday night SWAP is charged at the threefold rate.
*** The minimum distance for placing of Stop Loss, Take Profit and pending orders from the current price.
**** Freeze Level - level at which orders near to market will be "frozen". Modifying, deleting or closing positions near to being executed are prohibited.