Ethical and professional standards have recently gained their importance, especially in the highly competitive securities business. The standards provide the greatest benefit to the general investing public, and help prevent potential damages to the whole system.

Ethical and professional standards present the core practicing values towards the principles of integrity and fairness, regardless of the overall coverage. The present supervisory approaches have gradually evolved from controlling to monitoring and supervising, by emphasizing on integrity and reliability of the employees. Development of these moral characters such as integrity, dignity, and responsibility, are far more important than disciplinary sanctions by laws.

The Company wishes to encourage employees at all level to practice their duties with high ethical and professional qualities, and help promote preferred image and reputation. Thus, the Company has adopted a comprehensive guidance for employees in accomplishing their tasks properly and adequately.

Principles and Codes of Business Practices

The Company has adopted its principles and codes of business practices employing the same principles of the Codes of Business Practices for Securities Companies, as specified in the Securities Exchange Commission (SEC) Notifications dated 26th December 2000 which applys to Derivative Business. Employees should apply these codes of best practices when performing their tasks.

1. Integrity, Fairness, and Responsibility
The Company should serve the investing public with integrity, fairness, and transparency. The Company and its employees should not engage in any activities, which may post improper influence to business integrity, or cause ignorance and irresponsibility to customers.

2. Professions, Knowledge, and Competence
The Company should conduct its business with professions, knowledge, and competence. With a continued assessment and recognition of possible risks in securities business, the Company takes a reasonable care and consideration in establishing and reviewing its efficient operational system with an appropriate internal control.

3. Adherence to Relevant Laws, Rules, and Regulations
The Company should require its employees to perform all functions in accordance with applicable laws, rules, and regulations imposed by the regulatory and supervisory authorities. Also, the company shall not knowingly assist, or being used by, others in any preventive or irresponsible practices to governing regulations and standards.

4. Know the Customers
The Company should obtain sufficient customers’ information in order to properly serve them.

5. Information Disclosure
The Company should provide its customers with appropriate and correct information and to the extent that they could make decisions in buying the Company’s services. Information should be timely and sufficient to help customers determine their investment objectives and constraints.

6. Preservation of Customers’ Confidentiality
The Company should preserve its customers’ confidentiality. The Company shall employ every measure to prevent misappropriate use of customers’ information, and to withdraw all practices which may cause damages to owners of information and their relating parties.

7. Conflicts of Interest
The Company should have in place measures to prevent all dealings, which may possibly, result in conflicts of interest between the Company and its customers. These measures should also promote fairness in customers’ services.

8. Segregation of Customers’ Assets
The Company should take considerable care of customers’ assets to prevent possible damages, partly by segregation of customers’ assets from those of the Company. The effective segregation system should be able to identify the ownership of each asset.

9. Financial Strengths
The Company should regularly assess its probable risks, which may arise from the general business conduct and effect its financial positions and operations. Accordingly, it should retain an adequate level of its capital to ascertain its financial strength, and to provide enough cushions for any financial obligations.

10. Co-operation with Supervisory and Regulatory Authorities
The Company has been long realized its prime policy in good co-operation with all relevant authorities for maintaining and promoting public trust and confidence towards the Self-Regulated Organization (SRO).