1. 1 investorseurope Global Stock Brokers

2. 2 investorseurope - Background investorseurope Ltd was formed by stock market executives and software engineers, with many years’ stock exchange experience in global electronic order routing. investorseurope was created to take full advantage of the recent advent of global electronic trading platforms, giving it direct, instantaneous access to as many as 50 markets world-wide from Gibraltar. Given investorseurope’s financial structure, its significant investment in technology and the trading platform it uses, it is able to compete on price with onshore brokers and offer world class brokerage rates.

3. 3 investorseurope offers significant advantages to institutions: Real-time equity execution + Instant confirmation of trades. Personalised execution Readily accessible traders to change/ modify/ cancel orders. Real Intraday trading – world-wide. Live trading of the US Markets No conflicts of Interest. Reduced possibility of mistakes. BEST Price. Less intermediaries, less brokerage costs. Efficiency. One price for all markets. investorseurope - Price, Efficiency and Transparency (no proprietary positions; exclusive focus on execution)

4. 4 Which Markets does investorseurope have direct access to ?? UK, US (3X), Spain,Portugal, France, Holland, Belgium, Italy, Germany, Switzerland, Finland, Sweden

5. 5 Global Trading with investorseurope investorseurope Offshore Company Collector Broker in Market “A” London Stock Exchange Collector broker in Market “B” Collecctor broker in Market “C” Collector broker in Market “D” Execution NASDAQ DAX IBEX Local Settlement Bank

6. 6 What’s My Risk?? investorseurope has signed contracts with over 10 collector stockbrokers in Europe and America. All these stockbrokers are members of their respective equity markets; all are regulated brokers; some are household names. Our benchmark is that they have at least 8% of their national market or that they be part of a global, well known institution. All the stock markets we currently work with have official Investor Protection schemes. Additionally, investorseurope has subscribed to a corporate Professional Liability Insurance.

7. 7 What about settlement??  investorseurope can settle clients’ trades anywhere.  Regulated Institutions trading on behalf of clients through investorseurope do not need to divulge the latter’s identity.  As an example, Investorseurope’s collector broker in Italy will know where client ‘C552’ settles, but will not know the identity of the client.

8. 8 Investorseurope Collecting Broker NASDAQ Institutional Investor High Net Worth Investor Settlement Bank Settlement Instructions Order Flow Order Confirmation Verbal (instantaneous) Instant Confirmation of Order Settlement Instructions Buy 5000 Microsoft for C552 Matching & Settlement What is the Order Flow configuration?

9. 9 Which type of Clients is Investorseurope focused on? investorseurope’s focus is on execution. This means getting as much volume as possible through world markets using the technology at its disposal to the maximum. This effectively means that its ‘natural’ clients are those which will provide it with volume : Institutions HNWI & Professional Traders Funds/ Asset Management Companies & Offshore Co.s

10. 10 What is the value of investorseurope global trading platform to the Gibraltar Financial Community??  Synergies with Gibraltar financial institutions  Enhancement/ Strengthening of Gibraltar’s international profile  Additional potential in terms of local job opportunities  World Class product in terms of reach and competitivity  1st time that a global reach platform is working from an offshore base  A tool that can be used by the Gibraltar financial community: - to diversify existing products. - to attract new clients (and more fund inflows) - database mining: improvement/ increase in services to existing clients. -to make Gibraltar the equity trading centre for southern Spain.

11. 11 InvestorsEurope - Contacts, References & Technology Providers Description CompanyContact Phone Email Regulator FSCHeidi Almeida+350 40283halmeida@fsc.gi Auditors KPMGAlbert A Mena+350 74015 kpmggib@gibnynex.gi Accountants Baker TillyCharles Serruya+350 79799bakertilly@gibnynex.gi Custodial Bank ABN AMRO Marit van der Weg +350 44225 marit.van.der.weg@gi.abnamro.com