SCHEDULES

SCHEDULE 2 Regulated Activities

Part II Investments

Contracts for differences

19

Rights under—

(a)

a contract for differences; or

(b)

any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss by reference to fluctuations in—

(i)

the value or price of property of any description; or

(ii)

an index or other factor designated for that purpose in the contract.