Online Securities Brokers and Exchanges in Japan

Q2 2014 Results from JPX (Holding Company for Tokyo Stock Exchange and Osaka Stock

Exchange), Matsui Securities and Kabu.com

www.audiologiks.com

Online Securities Brokers October 2013 1

Matsui Securities Q2 2014

No. 3 Online Retail Securities Broker in Japan

Online Securities Brokers October 2013 2

20% Share of Futures and Options Trading by Individuals

Over 2B USD in Futures and Options Trading on the CME

Online Securities Brokers October 2013 3

20% Share of Futures and Options Trading by Individuals

Over 2B USD in Futures and Options Trading on the CME

Online Securities Brokers October 2013 4

Increase Client Assets to 20B USD

Turnover in Stocks Purchased by

Customers

Online Securities Brokers October 2013 5

Amount of trades on marginIs 6.4T Jpy, with a 13% share of

retail margin trading

Total Margin Trading is 50T JpyWith margin trading accounting for 63%

of all trading

Online Securities Brokers October 2013 6

Total Order Flow for Matsui is 8.5T jpy (85B USD), and

11% of total retail orders

Retail trade orders in Japan account For 79T Jpy, which is 28% of

total orders

Online Securities Brokers October 2013 7

Share of Top 7 Online Brokers Growing to 89%

of All Retail Trades

Online Securities Brokers October 2013 8

JPX Q2 2014

Both Exchanges Having a Good Year in 2013-14

Online Securities Brokers October 2013 9

Online Securities Brokers October 2013 10

Online Securities Brokers October 2013 11

Online Securities Brokers October 2013 12

Online Securities Brokers October 2013 13

Online Securities Brokers October 2013 14

Online Securities Brokers October 2013 15

Kabu.com Q2 2014 Results

No. 4 Online Broker Using its Technology to Bring Best Results for Retail Investors in Multiple Asset

Classes

Online Securities Brokers October 2013 16

Charting the contribution Of the trading platform

To customer results

Description ofSystem Problems

ImprovementsAnd Upgrades

Online Securities Brokers October 2013 17

Revamping the Call center to improve

Response times, reduceDropped calls Less dropped calls

Due to increased Call center staff

Online Securities Brokers October 2013 18

16 patents registeredRelating to online

Stock trading

Online Securities Brokers October 2013 19

76% of all retail tradesAre via the Top 5 online

brokers

18.7% of retail stocks heldBy individuals are held by The top 5 online brokers

Online Securities Brokers October 2013 20

Online Securities Brokers October 2013 21

Commissions on Equity Trades at 48% of revenue

Margin trades make up over 40% of equity commisions

Online Securities Brokers October 2013 22

Half of people in their 50’s and 60’s invest in stocks

36% of people in their 50’s and 60’s use margin to invest in stocks

Online Securities Brokers October 2013 23

System trading becoming social

trading

Strengthening cooperation with MUFG

Online Securities Brokers October 2013 24

Applying the System Trading platform to FX for Jibun Bank

As spreads increase among specialized FX brokers, the online net brokers maintain their low spreads

Growth in FX trades on the FX platform

Online Securities Brokers October 2013 25

Futures and Options Retail Trades decrease from Q1

Online Securities Brokers October 2013 26

Kabu.com is #4 in the Top 5 online brokers

For information on BT’s capabilities in Financial Trading Solutions, please contact

www.audiologiks.com

Online Securities Brokers October 2013 27