Euro Link Margin Intervals and Spread Credits -- Effective January 10, 2008

Euro Link Margin Rates

	Code	Margin Rate	Volatility Interval
DAX	XD	€9400	N/A
MDAX Futures	XF	€3900	N/A
Dow Jones Euro STOXX 50	XJ	€2550	N/A
Dow Jones STOXX 50	XK	€2400	N/A
Dow Jones Euro STOXX - Banks	XB	€1250	N/A
Dow Jones STOXX 600 - Banks	XC	€1500	N/A
Dow Jones STOXX 600 Index	XS	€5700	N/A
Dow Jones STOXX Mid 200 Index	XM	€5150	N/A
Dow Jones Global Titans 50	XG	€1600	N/A
Euro-Buxl	XX	€3500	15%
Euro-Bund	X1	€1400	15%
Euro-Bobl	X5	€800	15%
Euro-Schatz	X2	€350	15%
Three-Month-Euribor	XR	€625	15%
One-Month-EONIA	XO	€200	N/A

Euro Link Intra-Commodity Spread Charges

	Spot Month	Back Month
DAX	€125	€125
Dow Jones Euro STOXX 50	€60	€60
Dow Jones STOXX 50	€75	€75
Dow Jones Euro STOXX - Banks	€80	€80
Dow Jones STOXX 600 - Banks	€100	€100
Dow Jones Global Titans 50	€225	€225
Euro-Buxl	€800	€250
Euro-Bund	€510	€110
Euro-Bobl	€380	€110
Euro-Schatz	€210	€150
Three-Month-Euribor	€200	€150
One-month-EONIA	€100	€100

Euro Link Inter-Commodity Spread Offsets

	Method 4 Spread Offset
Euro-Buxl vs. Euro-Bund vs. Euro-Bobl vs. Euro Schatz	12%
Three-Month Euribor vs. One-Month EONIA	32%
Dow Jones Euro STOXX–Banks vs. Dow Jones STOXX 600-Banks	20%
DAX vs. Dow Jones STOXX 50 vs. Dow Jones Euro STOXX 50	20%

Euro Link Inter-Exchange Spread Credits

	Spot Month
Euro-Bund vs. US Year Treasury Bonds (1:1)	55%
Euro-Bund vs. 10-Year Treasury Notes (1:1)	60%
Euro-Bund vs. 5-Year Treasury Notes (1:1)	60%
Euro-Bund vs. 3-Year Treasury Notes (1:1)	60%
Euro-Bobl vs. US Year Treasury Bonds (1:1)	40%
Euro-Bobl vs. 10-Year Treasury Notes (1:1)	55%
Euro-Bobl vs. 5-Year Treasury Notes (1:1)	60%
Euro-Bobl vs. 3-Year Treasury Notes (1:1)	0%
Euro-Schatz vs. US Year Treasury Bonds (1:1)	0%
Euro-Schatz vs. 10-Year Treasury Notes (1:1)	0%
Euro-Schatz vs. 5-Year Treasury Notes (1:1)	0%
Euro-Schatz vs. 3-Year Treasury Notes (1:1)	0%
Euro-Schatz vs. Jumbo 2-Year Treasury Notes (5:1)	0%