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::::: ACCOUNT OPENING PROCEDURE :::::
Those who are willing to open a new account with us for trading either
on daily basis or real investment are advised to get the prescribed A/C
Opening form from our brokerage house and also download from link
provided below. The account opening form has been printed in accordance
with the SECP and LSE rules. The terms and conditions laid down in the
account opening form are conforming to that of SECP rules and
regulations to safeguard the interest of investors as well as the
brokerage house. The traders / jobbers on daily basis are required to
deposit at least 50% security margin in cash or in shape of physical
shares costing to equal amount of 50% margin, whereas the real investors
will have to deposit full payment of the cost of shares intended to
purchase through our brokerage house. The contents of account opening
form may be read carefully and affix page to page signature thereon by
the applicant. The following documents may be attached:-
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1. Attested
copy of Nadra ID card of applicant
2. Attested copy of Nadra ID card of nominee. The Nominee must have
blood relation with the applicant or legal heir like wife\husband.
After completion of documents and activation of client account, the
client will be allotted CDC account number. The transactions of sale \
purchase of shares, the same will be posted in CDC account
automatically.
Those who are interested to open investors account with CDC directly are
required to get the application from Central Depository Co, of Pakistan
(CEDC) and fill up the same and deposit with CDC for investors account.
In case of adopting such procedure, the shares transactions will be made
though cheques.
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