18 MAY 2015


To whom it may concern,

It has come to our attention that ODGLO from KOREA has infringed and unlawfully used OD MARKETS LIMITED’S (ODM) name and company logo and has violated and continues to violate ODM’s rights by using the ODM’s logo, photographs of ODM’s personnel, in connection with its offering of certain goods and services. In particular, it has come to our attention that there is a presentation currently being distributed to the public wherein ODM’s trademark is used, falsely asserting a partnership, including marketing materials without permission and containing a statement misrepresenting and/or improperly implying that ODM offers Straight Through Processing (“STP”) from you to our pool of liquidity providers consisting of major banks with no dealing desk (NDD), and various other use of ODM’s name and company logo.

As a result of the above breach, misrepresentations, violation and infringement , we regret to notify you that we hereby terminate your IB Account with ODM as as the date hereof.

We hereby give you notice to immediately remove all unlawful and infringing materials which violates ODM rights, failing which, we shall proceed to take all necessary actions including but not limited to legal action to ensure that ODM rights are not further violated and infringed and you shall bear all costs and expenses arising therefrom.

Yours faithfully,

Management of OD Markets Limited