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<HTML>

<HEAD>


<META NAME="description" CONTENT="">
<META NAME="Keywords"    CONTENT="">



<!-- business -->


<META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=ISO-8859-1">
<META NAME="Generator" content="">
<!-- BOF: ./personal-templates/simple/themes.show -->




<!-- EOF: ./personal-templates/simple/themes.show -->


<!--<BASE HREF="http://d771463.u39.mygisol.com/links.html1.html">-->
<TITLE>ECML</TITLE></head>
<BODY  BGCOLOR="#01172A"
 TEXT="#E3E8E3"

LEFTMARGIN="0" TOPMARGIN="0" RIGHTMARGIN="0" BOTTOMMARGIN="0"

 onLoad=""
 
 LINK="#FFFFFF"
 VLINK="#FFFFFF"
 ALINK="#FFFFFF"
>

  
    
      <!-- BOF: ./personal-templates/simple/business/layout/l27.layout --> 


<TABLE WIDTH=100% HEIGHT=100% BORDER=0 CELLPADDING=0 CELLSPACING=0 BGCOLOR="#01172A">

        <tr>
<!-- Begin Slogan-->
                <td WIDTH=100% valign="top" BGCOLOR="#01172A">
                        <TABLE WIDTH=100% BORDER=0 CELLPADDING=0 CELLSPACING=0>
                                <TR>
                                        <TD WIDTH=100% HEIGHT=42 background="widgets/gen_12.1.gif">
                                                <IMG SRC="widgets/gen_11.1.gif" WIDTH=200 HEIGHT=42 ALT=""></TD>
                                        <TD WIDTH=550 HEIGHT=42>
                                                <IMG SRC="widgets/gen_181.1.gif" WIDTH=550 ALT=""></TD>
                                </TR>
                        </TABLE>
                </td>
        </tr>
<!-- End Slogan-->
<!--Begin Name-->
        <tr>
                <td WIDTH=100% valign="top" BGCOLOR="#01172A">
                        <TABLE WIDTH=100% BORDER=0 CELLPADDING=0 CELLSPACING=0>
                                <TR>
                                        <TD WIDTH=750 HEIGHT=47 background="widgets/gen_15.1.gif">
                                                <IMG SRC="widgets/gen_182.1.gif" WIDTH=750 ALT=""></TD>
                                </TR>
                        </TABLE>
                </td>
        </tr>
<!--End Name-->
<!--Begin ris-->
        <tr>
                <td WIDTH=100% HEIGHT=100% valign="top" BGCOLOR="#01172A" VALIGN="top">
                        <TABLE WIDTH=100% HEIGHT=100% BORDER=0 CELLPADDING=0 CELLSPACING=0 VALIGN="top">
                                <tr>
                                        <td WIDTH=128 HEIGHT=100% valign="top" BGCOLOR="#033765" VALIGN="top" background="widgets/gen_17.1.gif">
                                                <TABLE WIDTH=100% HEIGHT=100% BORDER=0 CELLPADDING=0 CELLSPACING=0 VALIGN="top">
                                                        <TR>
                                                                <TD WIDTH=128 HEIGHT=100% background="widgets/gen_17.1.gif" VALIGN="top">
                                                                        <IMG SRC="widgets/gen_16.1.gif" WIDTH=128 HEIGHT=339 ALT=""></TD>
                                                        </TR>
                                                </TABLE>        
                                        </td>
<!--End ris-->
<!--Begin center-->
                                        <td WIDTH=100% HEIGHT=100% valign="top" BGCOLOR="#033765" ><!-- BOF: ./personal-templates/simple/businessnew/links/style_l27.html -->

<TABLE WIDTH=100% BORDER=0 VALIGN="top" CELLPADDING=10 CELLSPACING=0 BGCOLOR="#033765">
        <TR>
                <TD WIDTH=100% HEIGHT=43 valign="top" >
                        <IMG SRC="widgets/gen_166.1.gif" WIDTH=366 HEIGHT=43 border=0 ></TD>
        </TR>
                <TR>

	<TR>
		<TD width="100%" valign="top" BGCOLOR="#033765">
    			<a name="top"></a>
			<table border="0" CELLSPACING="0" cellpadding="5" width="95%">
                        	<tr>
					<td>




<font face='Arial' size='2' color='#E3E8E3'>



</font>


<br><br></td>
				</tr>
			
				<tr>
					<td>




<font face='Arial' size='+1' color='#FFF261'>

Terms of Business:

</font>



<br><img src="widgets/gen_36.1.gif" border="0" ><br></td>
				</tr>
				<tr>
					<td>
						
						<p>




<font face='Arial' size='+1' color='#FFFFFF'>

<a HREF="GENERAL TERMS OF BUSINESS.pdf"  target="_blank">click here for a current copy of the Terms of Business</a>

</font>



<br>
						




<font face='Arial' size='2' color='#E3E8E3'>



</font>


</p>
						<br>
					</td>
				</tr>
			
			</table>

		</TD>

	</TR>
</TABLE>

<!-- EOF: ./personal-templates/simple/businessnew/links/style_l27.html -->

                                        
                                        </td>
<!--End center-->
<!-- Begin Menu-->
                                        <td WIDTH=221 HEIGHT=100% valign="top" BGCOLOR="#01172A" >
                                                <TABLE WIDTH=100% HEIGHT=100% BORDER=0 CELLPADDING=0 CELLSPACING=0 VALIGN="top">
                                                        <TR>
                                                                <TD WIDTH=221 HEIGHT=39>
                                                                        <IMG SRC="widgets/gen_18.1.gif" WIDTH=221 HEIGHT=39 ALT=""></TD>
                                                        </TR>
                                                        <TR>
                                                                <TD WIDTH=221 HEIGHT=20 background="widgets/gen_183.1.gif">
                                                                        
                                                                        <a href="index.html" onMouseOver="document.images['img6'].src='widgets/gen_185.1.gif'" onMouseOut="document.images['img6'].src='widgets/gen_184.1.gif'"><img src="widgets/gen_184.1.gif" alt="Welcome" name="img6" border="0"></a><br>
                                                                        <a href="profile.html" onMouseOver="document.images['img21'].src='widgets/gen_187.1.gif'" onMouseOut="document.images['img21'].src='widgets/gen_186.1.gif'"><img src="widgets/gen_186.1.gif" alt="Mission Statement" name="img21" border="0"></a><br>
                                                                        <a href="links1.html" onMouseOver="document.images['img18'].src='widgets/gen_189.1.gif'" onMouseOut="document.images['img18'].src='widgets/gen_188.1.gif'"><img src="widgets/gen_188.1.gif" alt="Firm Profile" name="img18" border="0"></a><br>
                                                                        <a href="links.html" onMouseOver="document.images['img13'].src='widgets/gen_227.1.gif'" onMouseOut="document.images['img13'].src='widgets/gen_226.1.gif'"><img src="widgets/gen_226.1.gif" alt="Products and Services" name="img13" border="0"></a><br>
                                                                        <a href="links.html1.html" onMouseOver="document.images['img24'].src='widgets/gen_250.1.gif'" onMouseOut="document.images['img24'].src='widgets/gen_249.1.gif'"><img src="widgets/gen_249.1.gif" alt="Terms of Business" name="img24" border="0"></a><br>
                                                                        <a href="gpage.html" onMouseOver="document.images['img22'].src='widgets/gen_240.1.gif'" onMouseOut="document.images['img22'].src='widgets/gen_239.1.gif'"><img src="widgets/gen_239.1.gif" alt="Disclaimer" name="img22" border="0"></a><br>
                                                                        <a href="contact.html" onMouseOver="document.images['img7'].src='widgets/gen_193.1.gif'" onMouseOut="document.images['img7'].src='widgets/gen_192.1.gif'"><img src="widgets/gen_192.1.gif" alt="Contact Us" name="img7" border="0"></a><br>
                                                                        
                                                                        <a href="mailto:info@europeancapitalmarkets.com" onMouseOver="document.images['img_email'].src='widgets/gen_244.1.gif'" onMouseOut="document.images['img_email'].src='widgets/gen_243.1.gif'"><img src="widgets/gen_243.1.gif" alt="e-mail me" name="img_email" border="0"></a><br>
                                                                </TD>
                                                        </TR>
                                                        <TR>
                                                                <TD WIDTH=221 HEIGHT=29>
                                                                        <IMG SRC="widgets/gen_19.1.gif" WIDTH=221 HEIGHT=29 ALT=""></TD>
                                                        </TR>
                                                        <TR>
                                                                <TD WIDTH=221 HEIGHT=142>
                                                                        <IMG SRC="widgets/gen_20.1.gif" WIDTH=221 HEIGHT=142 ALT=""></TD>
                                                        </TR>
                                                        <TR>
                                                                <TD WIDTH=221 HEIGHT="100%" VALIGN="top" background="widgets/gen_21.1.gif">
                                                                        <IMG SRC="widgets/gen_22.1.gif" WIDTH=221 HEIGHT=30 ALT=""></TD>
                                                        </TR>
                                                </TABLE>                
                                        </td>
                                </tr>
                        </TABLE>
                </td>
        </tr>
<!-- End Menu-->

<!-- Begin Last-->
        <tr>
                <TD BGCOLOR="#D3DCF2">
                        <IMG SRC="widgets/spacer.gif" WIDTH=1 HEIGHT=1></TD>
        </tr>
        <tr>    
                <td BGCOLOR="#033765">
                        

<br>
<FONT FACE="verdana, arial, helvetica" SIZE="1">
<center>
<nobr>|<a href="index.html">Welcome</A>|</nobr>

<nobr>|<a href="profile.html">Mission Statement</A>|</nobr>

<nobr>|<a href="links1.html">Firm Profile</A>|</nobr>

<nobr>|<a href="links.html">Products and Services</A>|</nobr>

<nobr>|Terms of Business|</nobr>

<nobr>|<a href="gpage.html">Disclaimer</A>|</nobr>

<nobr>|<a href="contact.html">Contact Us</A>|</nobr>
</center>
</font>

<br>
<center><table border="0" cellpadding="0" cellspacing="3"><tr><td align="center">

&nbsp;<br><font face="helvetica,verdana, arial" size="1"><a href="http://www.psoft.net"><font face="helvetica,verdana, arial" size="1">Copyright 1999-2002. Positive Software Corporation. All rights reserved</font></a></font>

</td></tr></table></center>
</TD>
        </tr>

<!--End Last-->
</table>
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<!-- BOF: ./personal-templates/simple/themes.show.body -->








<!-- EOF: ./personal-templates/simple/themes.show.body -->

</body>
<!-- BOF: ./personal-templates/simple/themes.show.end -->




<!-- EOF: ./personal-templates/simple/themes.show.end -->


  

</html>



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