Brokerage / Securities Trading Client Agreement

  -  

Simple Margin Account


Document Name:
Brokerage / Securities Trading Client Agreement
Form:

Simple Margin Account

 
Document Type:

Agreements / contracts

Category:

Business > Banking, Finance and Capital Raising > Stock / Equities Investment / Custodian Agreement

 
 
Detailed Description:

Simple Client Agreement for Financial Institution - margin account for the trading of securities.


When a stockbroker provides a customer with credit facilities in respect of transactions in securities effected by the stockbroker on behalf of the customer, the account which the stockbroker establishes with the customer to record such transactions is said to be a margin securities trading account ("Margin Account").The Client is desirous of opening one or more Margin Accounts with the Broker for the purpose of trading in securities; and The Broker agrees that he will open and maintain such Margin Account(s) and act as an agent for the Client in the purchase and sale of securities subject to the terms and conditions of this Agreement.

The agreement covers transactions, rules of the exchange, payments of deposits or margins on cash, indemnity, handling of securities, paying interest and a risk disclosure statement.

 
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Keywords:

Client Agreement

;  

Financial Institution

;  

Broker

;  

Brokerage

;  

Securities

;  

Securities Trading

;  

Margin Account

;  

Trading

;  

Securities Trading

;  

Deposit

;