Simple Client Agreement for Financial Institution - cash account for the trading of securities.
In consideration of your opening and maintaining at my/our request one or more cash securities trading account(s) (“the Account”) for me/us and you agree to act as my/our agent or broker for the execution of orders for the purchase or sale of securities of every type and description, I/we, the undersigned of hereby agree to effect Transactions as hereinafter defined subject to the following terms and conditions of this Client Agreement (“the Agreement”).
This contract covers the following issues - transactions in securities, laws, transaction levy, Rulles of Exchange, interest, defaults, account opening information form, discretion, consent, obtaining securities, paying interests, overdue balances, etc. The contract also includes a risk disclosure statement.
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