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(Reference Translation) December 20, 2022 Imposition of DisciplinaryActions against SMBC Nikko Securities Inc. Osaka Exchange, Inc. has taken the following disciplinary action against SMBC Nikko Securities Inc. (hereinafter,“the Company”) in accordance with Article 42, Paragraph 1 of the Trading Participant Regulations and has requested the Company submit a business improvement report pursuant to Article 17, Paragraph 1 of the same Regulations. 1. Content of DisciplinaryAction ・Censure Note: The decision on this case was made based on the outcome of deliberations carried out by Japan Exchange Regulation. 2. Reasons (1) Conduct of making illegal purchases, etc. for the purpose of stabilizing market prices of listed shares With regard to ten issues of listed shares, the Company attempted to prevent their closing prices on the execution dates of "block offer" trading, which served as the basis for the trading prices in the block offers, from significantly declining from their closing ...

1 Overview of Membership Fees As of May 26, 2025 Tokyo Commodity Exchange, Inc. ⅠMembership Dues Market Monthly Dues Broker Member Energy Market JPY 60,000 Chukyo-oil Market JPY 40,000 Trade Member / Remote Trade Member / Remote Broker Member Energy Market JPY 50,000 Chukyo-oil Market JPY 30,000 ⅡTrading and Clearing Fees Trading Fee Clearing Fee (*) Final Settlement Basis of Calculation Fee Rate Basis of Calculation Fee Rate Basis of Calculation Fee Rate Energy Market Gasoline / Kerosene / Gas oil trading contract JPY 59 trading contract for obligations assumed by JSCC JPY 9 contract for physical delivery JPY 145 Crude oil JPY 74 JPY 9 contract for final settlement JPY 83 East Area Baseload Electricity / West Area Baseload Electricity JPY 146 JPY 73 JPY 219 East Area Peakload Electricity / West Area Peakload Electricity JPY 49 JPY 24 JPY 72 East Area Weekly Baseload Electricity / West Area Weekly Baseload ...

Trading Participation Fees A s o f J u n e 1 , 2 0 2 3 Tokyo Stock Exchange, Inc. (1) Basic Fees Trading Participant Classification Basic Fee General Trading Participant JPY 500,000 (2) Trading Fees Trading Trading Fee Auction trading of stocks (excluding stocks listed on Standard market, Growth market and TOKYO PRO Market), etc. (including closing price trading, off- auction distribution, and off-auction own share repurchase) Trading value×Trading fee rate Monthly trading value Trading fee rate JPY 20 billion or less 0 More than JPY 20 billion but JPY 1 trillion or less Standard rate *×1.0 More than JPY 1 trillion but JPY 1.5 trillion or less Standard rate×0.8 More than JPY 1.5 trillion Standard rate×0.7 * Standard rate: 0.20/10,000 to 0.30/10,000 The rate will fluctuate based on total monthly trading value in the TSE auction ...

1 Overview of Trading Participant Fees As of May 26, 2025 Osaka Exchange, Inc. I. Basic Fees Trading Participant Classification Basic Fees(monthly) Futures, etc. Trading Participant JPY 700,000(*) Government Bond Futures, etc. Trading Participant JPY 200,000 Commodity Futures, etc. Trading Participant Broker Participant JPY 100,000 Proprietary Trading Participant JPY 50,000 (*) In cases where a Futures, etc. Trading Participant falls under (a) or (b) or (c), the amount specified in (a) or (b) or (c) shall be deducted. (a) Cases where a Futures, etc. Trading Participant did not place orders (including correction and cancellation orders; the same shall apply hereafter) for government bond futures, interest rate futures or government bond futures options in the previous month JPY 200,000 (b) Cases where a Futures, etc. Trading Participant did not place orders for index futures, security options, or index options in the previous month JPY 200,000 (...

Recognition conditions for TSE In respect of investors in Singapore, TSE shall only allow professional investors, accredited investors and expert investors to trade directly on its markets. [TSE’s members operating in Singapore shall therefore only allow professional investors, accredited investors and expert investors in Singapore to have trading access through them onto TSE’s markets. Such members shall also take due care to have in place measures to ensure that only professional investors, accredited investors and expert investors in Singapore have trading access through them onto TSE’s markets.] A“professional investor”means– (a) a bank that is licensed under the Banking Act (Cap. 19); (b) a merchant bank that is approved as a financial institution under section 28 of the Monetary Authority of Singapore Act (Cap. 186); (c) a finance company that is licensed under the Finance Companies Act (Cap. 108); (d) a company or society registered under ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 DIVISION OF TRADING AND MARKETS July I, 2013 Mr. Arthur W. Hahn Katten Muchin Rosenmann LLP 525 W. Monroe Street Chicago, IL 60661-3693 Re: Class No-Action Relief tor Foreign Options Markets and Their Members That Engage in Familiarization Activities Dear Mr. Hahn: In your letter dated June 28, 2013, you request advice that, based on the circumstances stated in your letter, the Division ofTrading and Markets ("Division") will not recommend enforcement action to the Securities and Exchange Commission ("Commission") against: (1) NYSE Euronext, Euronext N.V. ("Euronext"), LIFFE Administration and Management ("LIFFE A&M"), or any of their respective officers, directors, or members under Section 5 of the Securities Exchange Act of 1934 ("Exchange Act"), by reason of LIFFE A&M not registering under Section 6 of the Exchange Act as a national securities exchange; or (2) NYSE ...

1 REPRESENTATION OF ELIGIBILITY This form must be completed by any U.S. entity wishing to transact in Equity Options and/or Index Options on the Osaka Exchange, Inc. (“OSE”). It contains representations as to the status of the U.S. entity as an Eligible Person for purposes of the OSE’s Rules and for the purpose of complying with the U.S. Securities & Exchange Commission (“SEC”) class no-action letter and U.S. securities law.1 TO BE COMPLETED BY OSE TRANSACTION PARTICIPANT: Name of OSE Transaction Participant: Name of Eligible Institution: Address: Name of Eligible Broker-Dealer: Address: REPRESENTATIONS BY U.S. CLIENT: The Eligible Institution/Broker-Dealer identified above hereby represents to the OSE Transaction Participant as follows: 1. Its name and address set out above are correct. 2. It (i) is an Eligible Broker-Dealer or Eligible Institution, sufficient to be a“qualified institutional buyer”as ...

(Reference Translation) Net Capital Regulation Ratio of General Trading Participants(Mar. 31, 2025) ABN AMRO Clearing Tokyo Co., Ltd. 5,707 1,274 0 11 1,263 447.8% AIZAWA SECURITIES CO., LTD. 14,205 4,559 68 923 3,566 311.5% Akatsuki Securities,Inc. 6,894 1,702 114 298 1,289 404.9% ANDO SECURITIES CO., LTD. 26,746 8,819 7,286 345 1,187 303.2% ARK SECURITIES CO.,LTD. 4,292 1,271 1,004 11 255 337.7% Bansei Securities Co.,Ltd. 3,960 1,251 729 47 474 316.4% * Barclays Securities Japan Limited 109,667 35,573 10,522 8,793 16,256 308.2% 20,800 BNP Paribas Securities (Japan) Limited 196,846 57,615 19,557 18,331 19,727 341.6% BofA Securities Japan Co.,Ltd. 121,514 43,122 23,215 7,930 11,977 281....

1/7 Energy Declared Delivery Procedure DISCLAIMER: This English translation is being provided for informational purposes only and represents a desire by the Exchange to promote better understanding of the Exchange by non-resident participants. While care has been taken to ensure that the translation is accurate and complete, Tokyo Commodity Exchange, Inc. accepts no liability or responsibility for any loss or damages, including trading losses, that may be incurred from any inaccuracy or omission in the English translation. In the event of discrepancies between the English version and the original Japanese version, the Japanese version shall prevail. Any dispute that may arise within or without a court of law with regard to the meaning of the words, provisions and stipulations of the rules, regulations and agreements shall be resolved in accordance with the Japanese texts. (Energy Declared Delivery Detailed Rules as of July 27th, 2020) 2/7 Article 1 (...

1/6 Chukyo-Oil Market Management Detailed Rules DISCLAIMER: This English translation is being provided for informational purposes only and represents a desire by the Exchange to promote better understanding of the Exchange by non-resident participants. While care has been taken to ensure that the translation is accurate and complete, Tokyo Commodity Exchange, Inc. accepts no liability or responsibility for any loss or damages, including trading losses, that may be incurred from any inaccuracy or omission in the English translation. In the event of discrepancies between the English version and the original Japanese version, the Japanese version shall prevail. Any dispute that may arise within or without a court of law with regard to the meaning of the words, provisions and stipulations of the rules, regulations and agreements shall be resolved in accordance with the Japanese texts. (Chukyo-oil Market Management Detailed Rules as of April 1st, 2021) 2/...