Overview:
Please be advised that we have increased the initial margin rates to 100% on low capitalization stocks (currently defined as companies with less than $250 million in market capitalization). The maintenance margin increases will occur in stages starting with an increase to 50% beginning after the EU market close on Friday, January 25th, 2013 and will be implemented as follows:
Monday January 28th, 2013: Maintenance Margin - 50%
Thursday January 31st, 2013: Maintenance Margin - 75%
Tuesday February 2nd, 2013: Maintenance Margin - 100%
The list of stocks which are subject to this margin increase can be found on the following page:
Upon implementation, any of the incremental margin increases may result in a margin deficit in the account. A margin deficit implies that an account becomes subject to automated liquidation. Please carefully review the current positions within your account and adjust the portfolio accordingly.
Client Services
| Symbol | Description |
| 02P | PEARL GOLD AG |
| 1PL | POWERLAND AG |
| 5MC | MOTRICITY INC |
| A2O | ALTONA MINING LTD |
| AAH3 | AHLERS AG PFD |
| ABL | ABLON GROUP |
| ABO | ABO INVEST AG |
| ACAN | ACANTHE DEVELOPPEMENT SA |
| ACD | ACENCIA DEBT STRATEGIES LTD |
| ADD | ADLER MODEMARKTE AG |
| ADI | AUDIKA GROUPE |
| AGX | AGENNIX AG |
| AJAX | AFC AJAX |
| ALC | A123 SYSTEMS INC |
| ALGLD | GOLD BY GOLD |
| ALS30 | SOLUTIONS 30 |
| AMC | AMUR MINERALS CORP |
| AMS | ADVANCED MEDICAL SOLUTIONS |
| APEF | ABERDEEN PRIVATE EQUITY FUND |
| AQU | GIGASET AG |
| ARG | ARGAN |
| ARN | ALERION CLEANPOWER |
| ATEB | ATENOR GROUP |
| AV.A | AVIVA PLC 8.75% PFD |
| BABE | BLUECREST ALLBLUE FUND LTD |
| BBN | BELLEVUE GROUP AG |
| BCRA | BACCARAT |
| BHGLE | BH GLOBAL LTD-EURO SHRS |
| BHUE | BLACKROCK HEDGE-UK EMERGING |
| BMP | BMP PHARMA TRADING AG |
| BMS | BRAEMAR SHIPPING SERVICES PL |
| BPC | BAHAMAS PETROLEUM CO PLC |
| BWB | BAADER BANK AG |
| CAMK | CAMKIDS GROUP PLC |
| CAML | CENTRAL ASIA METALS PLC |
| CARDG | LIFEWATCH AG-REG |
| CBAV | CLINICA BAVIERA SA |
| CEN | GROUPE CRIT |
| CGD | CEGID GROUP |
| CIB | TECNOCOM TELECOM Y ENERGIA |
| CIC | CONYGAR INVESTMENT CO PLC |
| CIRC | CIRCLE HOLDINGS LTD |
| CLIG | CITY OF LONDON INVESTMENT GR |
| CMBT | ATEVIA AG |
| CN9 | CIRCLE OIL PLC |
| CNP1 | CONAFI PRESTITO SPA |
| CRM | CARRS MILLING INDUSTRIES PL |
| CTH | CARETECH HOLDINGS PLC |
| CTN | CENTROTHERM PHOTOVOLTAICS AG |
| CU21 | CERUS CORP |
| DECB | DECEUNINCK NV |
| DES | DESIRE PETROLEUM PLC |
| DEVO | DEVOTEAM SA |
| DPT | S.T. DUPONT |
| DTL | DEXION TRADING LTD |
| EN6 | ECHELON CORP |
| ETG | ENVITEC BIOGAS AG |
| ETV | CONSTANTIN MEDIEN AG |
| EUCA | EUROMICRON AG |
| EXC1 | EXCEET GROUP SE |
| F2P | GLU MOBILE INC |
| FFY | FYFFES PLC |
| FFY | FYFFES PLC |
| FLO | GROUPE FLO |
| FM | FIERA MILANO SPA |
| FORE | LA FORESTIERE EQUATORIALE |
| FTON | FEINTOOL INTL HOLDING-REG |
| G6S | GENCO SHIPPING & TRADING LTD |
| GAL1S | 3W POWER SA |
| GBMN | GOLDBACH GROUP AG |
| GBO | GLOBO PLC |
| GDL | GREKA DRILLING LTD-DI |
| GDMS | GRANDS MOULINS DE STRASBOURG |
| GDWN | GOODWIN PLC |
| GEM | GEMFIELDS PLC |
| GFI | GFI INFORMATIQUE |
| GMC | GLOBAL MARKET GROUP LTD |
| GPX | GULFSANDS PETROLEUM PLC |
| GUR | GURIT HOLDING AG-BR |
| GYQ | FIRST DERIVATIVES PLC |
| HAMO | HAMON SA |
| HAT | H&T GROUP PLC |
| HEAD | HEAD N.V. |
| HIM | HI-MEDIA SA |
| HINS | HENDERSON INTERNATIONAL INCO |
| HNT | HUNTSWORTH PLC |
| HUE | HUEGLI HOLDING AG-BR |
| IBAB | ION BEAM APPLICATIONS |
| IBG | IBERPAPEL GESTION SA |
| ICLL | INTERCELL AG |
| IDH | IMMUNODIAGNOSTIC SYSTEMS HLD |
| IDIP | IDI |
| IFD | SCHRODER REAL ESTATE INVESTM |
| IFL | INTERNATIONAL FERRO METALS |
| IML | AFFINE |
| IMMO | IMMOBEL |
| IN0 | INPHI CORP |
| INM | INDEPENDENT NEWS & MEDIA PLC |
| INSD | INSIDE SECURE SA |
| IPEL | IMPELLAM GROUP PLC |
| ITMR | ITALMOBILIARE SPA-RSP |
| IUR | KAP-BETEILIGUNGS-AG |
| IX4 | IRIDEX CORP |
| JWB | JK WOHNBAU AG |
| KA | KAS BANK NV -CVA |
| KARN | KARDEX AG-REG |
| KMU | KLEMURS |
| LAC | LACIE SA |
| LBR | CUSTODIA HOLDING AG |
| LD | LOCINDUS |
| LKI | SEDO HOLDING AG |
| LLPE | LLOYDS BANKING GROUP PLC 6.475% NON-CUM |
| LN4 | LINEDATA SERVICES |
| LNA | LE NOBLE AGE |
| LSS | LECTRA |
| M5Z | MANZ AG |
| MBH3 | MASCH BERTHOLD HERMLE AG-VOR |
| MEO3 | METRO AG-VORZ |
| MF6 | MAGFORCE AG |
| MIRL | MINERA IRL LTD |
| MJT | MAJESTIC GOLD CORP. |
| MKEA | MAUNA KEA TECHNOLOGIES |
| MLD | MIRLAND DEVELOPMENT CORP |
| MOL | GRUPPO MUTUIONLINE SPA |
| MRB | MR BRICOLAGE |
| MSZN | COLTENE HOLDING AG-REG |
| MUB | MUEHLBAUER HOLDING AG & CO |
| MYRN | MYRIAD GROUP AG |
| NOP | NORTHERN PETROLEUM PLC |
| OFN | ORELL FUESSLI HOLDING AG-REG |
| ORANW | ORANJEWOUD NV |
| ORDN | ORDINA NV |
| OVXA | OVOCA GOLD PLC |
| PARP | GROUPE PARTOUCHE |
| PLAZ | PLAZA CENTERS NV |
| PMO | PRIME OFFICE REIT-AG |
| PNX | PHOENIX IT GROUP LTD |
| POL | POLO RESOURCES LTD |
| PRA | PRAKTIKER AG |
| PRS | PRELIOS SPA |
| PRT | ESPRINET SPA |
| PRW | PROMETHEAN WORLD PLC |
| PYT | POLYTEC HOLDING AG |
| RE. | R.E.A. HOLDINGS PLC |
| REA | REALDOLMEN |
| RECT | RECTICEL |
| REP | REPOWER AG-PC |
| RM. | RM PLC |
| RPT | REGAL PETROLEUM PLC |
| RSAB | RSA INSURANCE GROUP PLC 7 3/8% CUM IRRD PRF #1 |
| SL1 | R STAHL AG |
| RWA | ROBERT WALTERS PLC |
| SAB | SABAF SPA |
| SBLM | SABLE MINING AFRICA LTD |
| SEPU | SEPURA LTD |
| SESL | STORE ELECTRONIC |
| SEY | STERLING ENERGY PLC |
| SFR | SEVERFIELD-ROWEN PLC |
| SHPN | SHAPE CAPITAL AG-REG |
| SII | SOCIETE POUR L'INFORMATIQUE |
| SIOE | SIOEN INDUSTRIES NV |
| SIV | ST.IVES PLC |
| SK1 | SKW STAHL-METALLURGIE HOLDIN |
| SMH | SUESS MICROTEC AG |
| SNBN | SCHWEIZERISCH NATIONALBA-REG |
| SNC3 | SANACORP PHARMAHOLDING-PFD |
| SNG | SINGULUS TECHNOLOGIES |
| SPI1 | SPIR COMMUNICATION |
| STAC | STANDARD CHARTERED PLC 8.25% NON-CUM PREF |
| STNT | STENTYS |
| STRN | STERN GROEP NV |
| SW1 | SHW AG |
| SWP | SWORD GROUP |
| TAM | ETAM DEVELOPPEMENT SA |
| TAN | TANFIELD GROUP PLC |
| TGH | LOGWIN AG |
| TGT | TELEGATE AG |
| TPET | TANGIERS PETROLEUM LTD |
| TPL | TETHYS PETROLEUM LTD |
| TPOE | THIRD POINT OFFSHORE INVESTM |
| TPOG | THIRD POINT OFFSHORE INVESTM |
| TPT | TOPPS TILES PLC |
| TRB | TRIBAL GROUP PLC |
| TV0 | TRAVEL VIVA AG |
| U6Z | URANIUM ENERGY CORP |
| UCC1 | URANIUM RESOURCES INC |
| UPL | ADVEO GROUP INTERNATIONAL SA |
| UTV | UTV MEDIA PLC |
| VBK | VERBIO AG |
| VCH | CHARLES VOEGELE HOLDING A-BR |
| VGAS | VOLGA GAS PLC |
| VIZ | VI[Z]RT LTD |
| VLS | VIVALIS SA |
| WFT | WENG FINE ART AG |
| WIMO | WITTE MOLEN NV |
| WMF3 | WMF- WUERTTEMBERG METAL- PRF |
| WSU | WASHTEC AG |
| ZAM | ZAMBEEF PRODUCTS PLC |