Goldman Sachs Financial Markets Pty Ltd

This licence authorises the licensee to carry on a financial services business to:

provide financial product advice to retail and wholesale clients for the following classes of financial products:

deposit and payment products including:

basic deposit products;

deposit products other than basic deposit products; and

non-cash payment products;

debentures, stocks or bonds issued or proposed to be issued by a government;

interests in managed investment schemes including:

investor directed portfolio services; and

securities; and

provide financial product advice to wholesale clients for the following classes of financial products:

derivatives;

foreign exchange contracts;

standard margin lending facility; and

non-standard margin lending facility; and

deal in a financial product by:

issuing, applying for, acquiring, varying or disposing of a financial product to retail and wholesale clients in respect of the following classes of financial products:

interests in managed investment schemes excluding investor directed portfolio services; and

securities; and

issuing, applying for, acquiring, varying or disposing of a financial product to wholesale clients in respect of the following classes of financial products:

derivatives;

foreign exchange contracts;

standard margin lending facility; and

non-standard margin lending facility; and

applying for, acquiring, varying or disposing of a financial product to retail and wholesale clients on behalf of another person in respect of the following classes of products:

deposit and payment products including:

basic deposit products;

deposit products other than basic deposit products; and

non-cash payment products;

debentures, stocks or bonds issued or proposed to be issued by a government;

interests in managed investment schemes including:

investor directed portfolio services; and

securities; and

applying for, acquiring, varying or disposing of a financial product to wholesale clients on behalf of another person in respect of the following classes of products:

derivatives;

foreign exchange contracts;

standard margin lending facility; and

non-standard margin lending facility; and

underwriting to retail and wholesale clients:

interests in managed investment schemes; and

an issue of securities; and

make a market to wholesale clients for the following financial products:

foreign exchange contracts;

derivatives;

debentures, stocks or bonds issued or proposed to be issued by a government and/or debentures issued by any other body; and

limited to financial products other than:

derivatives;

foreign exchange contracts; and

debentures, stocks or bonds issued or proposed to be issued by a government and/or debentures issued by any other body; and

provide the following custodial or depository services to retail and wholesale clients:

operate custodial or depository services other than investor directed portfolio services;