Who is NetExchange Client?

NetExchange Client is the Internet trading facility provided by BOSC, a wholly owned subsidiary of BOk Financial Corporation. BOk Financial Corporation is headquartered in Tulsa, Oklahoma, and operates banks and related financial services businesses throughout the Southwest. BOSC offers NetExchange Client through a relationship with Pershing, a division of Donaldson, Lufkin & Jenrette (DLJ). DLJ is a pioneer of online investing and began offering such services to investors in 1988.

NetExchange Client service was established for BOSC clients in July of 1999 to provide high quality online investment services and securities trading via the Internet.

BOSC recognized the online medium as an ideal vehicle for providing real-time and cost-effective brokerage information and trading services, thus providing self-directed investors with tools and services that would enable them to take greater control of their investing activities.

NetExchange Client provides the highest quality of trade execution available in the investment business today. Our clearing firm, the Pershing Division of Donaldson, Lufkin & Jenrette, was chosen specifically for its trade execution expertise. Donaldson, Lufkin & Jenrette currently handles over 10% of the daily volume of the New York Stock Exchange.

Computers and the Internet have revolutionized the way we send, receive, and analyze information. NetExchange Client brings the easy access of the Internet to your personal financial services, giving you greater control, convenience, and cost savings. And, by combining your investments and banking services within one organization, you can save time and better coordinate ALL of your financial needs.

As an experienced online provider of investing services, NetExchange Client has developed security measures to ensure the security of our clients’ finances and the confidentiality of their personal account information.

Encryption

Encryption helps protect your private information by scrambling it so that it cannot be intercepted and read by anyone else. When you visit a site that requires encryption, your browser will display a key or a lock. If you are not in a secure area, the key or lock will be broken.

NetExchange Client requires the use of a browser with 128-bit encryption which is the strongest form generally used on the internet today.

For Microsoft browsers: To check your level of encryption, go to the "File" menu, select "Properties", and then select "Security." Another way is to select "Help" then "About Internet Explorer."

Before placing your first trade, we recommend placing a practice trade in the Investing Demo section of NetExchange Client. You can enter the investing demo by clicking on the "Investing Demo" button located on the Home Page BEFORE you login. If you have already logged into your account, select Logout and then select the "Investing Demo" button to view a practice trade. Because our investing demo mirrors the real thing, you can simulate an actual trade without risking any money.

NetExchange Client is available for any BOSC account owner. Investors may open a BOSC account by calling 1-800-364-1818, extension 6889 from 8:00am to 5:00pm CST, Monday through Friday. Or, if you already have an existing BOSC account and would like to establish an online account via NetExchange client, simply contact your BOSC Financial Consultant to obtain a User ID and password.

Delayed quotes
Market orders
Stop orders
Limit orders
All-or-none orders
Fill-or-kill orders
Cancellation of Orders
Real-time online order status
Real-time order status and execution reports
Real-time electronic mail notification of order execution
Online option expiration messages

Yes. Your NetExchange Client service comes with a 60-day free trial offer for new subscribers. After the first 60 days, your BOSC account will be charged $24.95 for a one-year subscription to the service. That’s less than $2.00 per month for the first 14 months. You may cancel your subscription at any time and receive a refund for any unused portion of your subscription.

As a special consideration for NetExchange subscribers, BOSC is offering an automatic 50% discount from their standard stock commission schedule. And, BOSC has lowered the minimum commission per trade to only $25.00. In most cases, only one trade per year will more than offset the annual subscription fee to NetExchange Client.

NetExchange Client commissions are competitive with other online discount brokerages. Certain securities offered by a prospectus cannot be sold at a discount from the commission or sales charges stated in the prospectus. Commission rates are subject to change without notice.

When you access your account for the first time, you will be prompted to change your password immediately. You can change your password again at any time. After you have entered your current password, click on "Customer Service" then select "Change Password" and follow the instructions on the page.

If you encounter any problems changing you password, or of you forget your password, please contact a BOSC Quality Service Representative at 1-800-364-1818, extension 6889.

When depositing checks into your account, be sure to write your BOSC account number on your check and make the check payable to Pershing. Please note that Pershing does not accept money orders, cashier’s checks under $10,000, third party checks, corporate checks in non-corporate accounts without sole proprietorship documentation, or currency.

You may make deposits to your account by sending checks via overnight mail or certified mail. You may also settle all trades automatically via any bank account at the following banks:

If you are sending securities to BOSC, please follow these steps:

1. Print your 8 digit BOSC account number in the upper right-hand corner on the front and back of each certificate.
2. If you wish, Donaldson, Lufkin & Jenrette Securities Corporation (DLJSC) to hold your securities for you, appoint DLJSC as attorney in the space provided on the back of each certificate (it should be written after the words "do hereby irrevocably constitute and appoint…"), This protects you against loss or theft by rendering the certificate(s) negotiable only by DLJSC.
3. Date and sign the back of each certificate, exactly as the name(s) appear on the front of the certificate(s). All parties whose names are on the certificates must sign.
4. Mail your certificate(s) via overnight mail or certified mail to:

BOSC
One Williams Center
Tulsa, OK 74172

If you are depositing a certificate into a custodial account under the Uniform Gifts (or Transfers) to Minors Act in your state and the beneficial owner is a minor, the custodian must sign the certificate.

If a certificate is in corporate name, you must send a signed Certificate of Corporate Resolution to Sell and Transfer Securities with a raised seal for each security that is being deposited. The Certificate of Corporate Resolution and each certificate must be signed by a corporate officer designated in the Certificate of Corporate Resolutions.

If you are depositing a certificate into a trust account, all trustees may need to endorse the certificate.

If the certificate is registered in a deceased person’s name, a custodial name for the benefit of an individual over the age of 18, or if the certificate is not in the name of the accountholder, please call a BOSC Quality Service Representative at 1-800-364-1818, extension 6889.

NetExchange Client is a service offered through BOSC, Inc.