New changes with Common Trading Platform

The new features of the Common Trading Platform are among others the full and proper use of Custodians for settlement of trades and for custody of client assets. The Brokers will shift trades for such settlement and asset keeping with the client’s specified Custodian Firm(s).

Efficient Account Opening process, with the responsibility being shifted to the

Brokers and the Custodians. Brokers will be responsible for applying the ‘know thy client’ principles.

Quoted Prices, Trading and Settlement for Equities will be in Euros. Where the

Trading and Settlement relates to Sovereign or Corporate Bonds, the Cyprus

Pound will continue to be used. Cypriot investors will also trade and settle in

Euros.

Extension of working hours to suit international investors. Trading for the Main

Market will commence at 10:00 hrs local time (08:00 GMT) until 17:00 hrs (15:00

GMT).

Settlement for both BUY trades and SELL trades will be on T + 3.