Opportunity: The CFD retail broker market is estimated to deliver GBP 500M of annual revenues growing at a 40% CAGR. Goldman Sachs invested GBP 200M for 10% of CMC Markets to distribute its products. Objective: Distribute RSP products through a new supplementary network of CFD retail brokers. Who: A team of 3 senior RSP distributor experts from Bespoke Partners Ltd. What: Promote RSP products to selected and suitable CFD retail brokers. Implement distribution agreements and manage the FIX broker connectivity with Market-Making systems. Help during the client on-boarding internal process. Where: Europe and Asia. Duration: 1 year with a 3 month break-out clause. Cost: GBP 850/day/senior expert -> GBP 2,550/day (fixed) + 10 bps on notional (performance based) + travel/hotel costs. Expected starting date: TBD Requirements: On-site

1. Distribute RSP products through a supplementary network of CFD
retail brokers…
Building strategies around a second generation of indices
…before the opportunity is gone

2. Extension of the trading & distribution RSP team
•Opportunity: The CFD retail broker market is estimated to deliver GBP 500M of
annual revenues growing at a 40% CAGR. Goldman Sachs invested GBP 200M for
10% of CMC Markets to distribute its products.
•Objective: Distribute RSP products through a new supplementary network of CFD
retail brokers.
•Who: A team of 3 senior RSP distributor experts from Bespoke Partners Ltd.
•What: Promote RSP products to selected and suitable CFD retail brokers.
Implement distribution agreements and manage the FIX broker connectivity with
Market-Making systems. Help during the client on-boarding internal process.
•Where: Europe and Asia.
•Duration: 1 year with a 3 month break-out clause.
•Cost: GBP 850/day/senior expert -> GBP 2,550/day (fixed) + 10 bps on notional
(performance based) + travel/hotel costs.
•Expected starting date: TBD
•Requirements: On-site

3. A principal to principal trading model
Product Provider
Retail investors

4. Appendix: CFD retail brokers
• Estimated global revenues of the CFD business = GBP 500M
• 50% growth in CFDs.
• Estimated average profit margin = 40%
• 2 main leaders leveraging on separate white-label distribution partners
• A strong growth in Asia
• Estimated 150,000 clients transacting an average 250,000 CFD trades a
day, with a daily trade value of GBP 10Bn. Annual trade value of GBP 3Tn
• 75% of clients trade all asset classes
• Clients (90% retail, 10% institutional)

5. Appendix: IG Markets

6. Appendix: Products and Distribution
CFD Products Global Distribution
First generation: main exposure Investors
Exposure to forex, blue chips, world
indices, major commodities Private Individuals
Second generation: The market place Day Traders and HNWIs
Exposure to Emerging Market indices and
stocks, Bonds, Baskets, ETFs, Mutual
Small Corporates, Mini Hedge-Funds,
Funds, Hedge Funds UCITs, Listed
Wealth managers and Family Offices
Derivatives, Certificates, Warrants, Notes,
Algorithmic indices
Third generation: Bespoke pay-offs
On-going distribution
and services
Direct, Introducing Brokers, Market
Bespoke RFQs, systematic and portfolio counterparties, Introducer appointed
trading representative and Affiliates

7. About us
Bespoke Partners Ltd is a global business consulting, technology services
and outsourcing company focusing on Capital Markets.
• Business intelligence and analysis
• IT consulting and outsourcing
• Systems implementation
• Web Search Engine Optimization (Brand and financial products)
• Online Reputation Management (Brand and financial products)
• Web development

8. Contacts
Cedric Jeanson
CEO
cedric.jeanson@eBespoke.com
+ 44 7 949 305 446
Bespoke Partners Ltd is incorporated in England under the Companies
Act 1985 as a private limited company number 5614872.
Bespoke Partners HK Ltd is incorporated in Hong Kong under the
Companies Ordinance as a private limited company number 1084895.