KeerFX will arrange for prospective clients to open an account with a clearing firm who will be responsible for holding the clients' funds. We will manage these funds on a discretionary basis under a limited power of attorney. This power of attorney will allow us to invest clients' money only in the FX marketplace and within parameters agreed with all clients.

We will operate a managed account programme in which each client's account will be managed in a similar way through a number of differing trading strategies and will use gearing or leverage of up to 10x, but more generally 2-3x.

The clearing firm, which will also be the counterparty to the transactions entered into by us on behalf of each client, will be selected on the basis of a number of factors including suitability, counterparty risk, terms of dealing, spread width and similar factors.

We will concentrate on trading in the most liquid currencies (USD, EUR, JPY, GBP, AUD, CAD and CHF) including trading on related cross rates (for example EUR vs. JPY or EUR vs. GBP). Our Money Managers have developed a balanced overall strategy for each client and each Money Manager will be responsible for a portion of the client's investment and will follow a trading strategy to meet a given set of investment objectives.