Margin means the aggregate amount of cash and market value of securities deposited by a client into his margin account, excluding securities, bought in the margin account.
Nature of Margin deposit: Margin deposited by client shall be in the form of cash and listed securities.
- Orders can be received through email, telephone or fax.
- Trade execution confirmation is provided to client through email or SMS.
- Regular emailing of Portfolio Statement.
- Customer who maintained a Trading A/C with our company for last two (02) months with regular trading.
- Customer having share market experience of minimum one (01) year.
- Customer having minimum Equity of Tk. 500,000.00
- Minimum education requirement should be met.
- Customer must not get fully exposed to capital market in terms of regular earnings.
- Customer should have minimum level of fixed property under his/her possession.
- Must have a bank account with regular transaction for last one (01) year.
- Age must be above 18 (Eighteen)
BO Account Opening & Documentation:
For opening a new BO account, Clients are required to collect ‘Account Information Form’ from any of our branches and submit the Form after duly filled in by the clients. The ‘Account Information Form’ must accompany the following documents:
For Resident Bangladeshi (Individual & Joint):
- Introduced by existing Account Holder
- Photocopy of National ID card/Passport of the Account Holder
- Bank account statement of Account Holder (for Joint A/C Bank account statement of first applicant)/Bank Certificate
- Recent Passport size Photograph (2 copies) of A/C holder and in opposite side of photograph A/C Holder’s signature must be attested by Introducer
- Recent Passport size Photograph (2 copies) of 2nd Applicant and in opposite side of photograph A/C Holder’s signature must be attested by the 1st Account Holder
- Recent Passport size Photograph (1 copy) of Nominee and in opposite side of photograph, nominee’s signature must be attested by A/C holder
- Recent Passport Size photograph of Authorized person (if applicable) and Power of Attorney must be signed by A/C Holder
- Photocopy of National ID card/Valid Passport of Power of Attorney
- Nominee is mandatory for individual and Joint Account
- Board Resolution/Partners’ letter of authority regarding opening of BO Account
- Copy of Memorandum and Articles of Association/ Partnership deed / Trustee deed
- Copy of Certificate of Incorporation/Valid Trade license
- Certificate of Commencement of Business (Public Limited Company)
- TIN/BIN Certificate
- Photocopy of National ID/Passport of Authorized person
- Recent passport size photographs (2 copies) of Authorized person
- Bank Statement of the Company/Bank Certificate