Securities Trading Account Opening Agreement - Individuals (Commercial International Brokerage Company - CI Capital)
An official agreement for opening a securities trading account for individuals with Commercial International Brokerage (CI Capital). It defines the terms of dealing, mechanisms for issuing orders via telephone or electronically, the obligations of both parties, margin trading, and anti-money laundering declarations.
This agreement regulates the legal and financial relationship between the brokerage firm (the first party) and the individual client (the second party) for executing the sale and purchase of securities on the Egyptian Exchange. It includes detailed clauses regarding methods of submitting orders (in person, by fax, email, or authorized telephone recording), settlement of transactions, and cases of freezing balances or selling shares in the event of payment delays. It includes important annexes covering the schedule of commissions and fees, bank inquiries, the "Know Your Customer" (KYC) form, and supplementary data related to sources of funds and investment risks.