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Stock Broker Agreement
"I need a Stock Broker Agreement for my UAE-based brokerage firm that primarily serves retail clients, with specific provisions for online trading platform access and mobile trading app usage, planned to launch in March 2025."
1. Parties: Identification of the licensed broker and the client, including full legal names and addresses
2. Background: Context of the agreement, broker's licensing status, and general purpose of the arrangement
3. Definitions: Key terms used throughout the agreement, including regulatory terminology and market-specific definitions
4. Scope of Services: Detailed description of brokerage services to be provided, including trading, advisory, and account management services
5. Client Classification: Classification of the client as per SCA regulations (retail/professional/institutional investor)
6. Account Opening and Management: Procedures for opening and maintaining trading accounts, including documentation requirements
7. Trading Instructions: Process for receiving, executing, and confirming trading orders
8. Fees and Commissions: Detailed breakdown of all applicable fees, commissions, and charges
9. Client Obligations: Client's responsibilities including providing accurate information and maintaining sufficient funds
10. Broker Obligations: Broker's duties including execution, reporting, and maintaining confidentiality
11. Risk Disclosure: Comprehensive disclosure of investment risks and market volatility
12. Compliance and AML: Anti-money laundering and regulatory compliance requirements
13. Representations and Warranties: Standard legal representations from both parties
14. Liability and Indemnification: Limitations of broker's liability and client indemnification provisions
15. Term and Termination: Duration of agreement and circumstances for termination
16. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction for disputes
17. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Online Trading Services: Terms specific to electronic trading platforms, used when offering online trading services
2. Margin Trading: Terms for margin trading facilities, included when margin trading is offered
3. Research Services: Terms relating to research and analysis services, included when offering investment research
4. Portfolio Management: Terms for discretionary portfolio management, included when offering managed accounts
5. Islamic Trading Account: Specific terms for Shariah-compliant trading, included for Islamic trading accounts
6. International Trading: Terms for trading in international markets, included when offering cross-border trading
7. Joint Account Provisions: Special terms for joint accounts, included when allowing joint account holders
1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, commissions, and charges
2. Schedule 2 - Trading Powers: Specific trading permissions and limitations
3. Schedule 3 - Risk Disclosure Statement: Detailed risk warnings and market-specific risks
4. Schedule 4 - Account Opening Forms: Standard account opening forms and KYC documentation
5. Schedule 5 - Authorized Persons: List of persons authorized to trade on behalf of the client
6. Appendix A - Trading Procedures: Detailed operational procedures for trading
7. Appendix B - Electronic Trading Terms: Specific terms and conditions for electronic trading platforms
8. Appendix C - Market-Specific Requirements: Requirements specific to different markets or exchanges
Authors
Account Opening Form
Applicable Laws
Authorized Person
Banking Day
Broker
Business Day
Client
Client Assets
Client Classification
Client Money
Confidential Information
Custody
Electronic Trading Platform
Exchange
Execution
Fees
Financial Instruments
Financial Markets
Force Majeure
Investment Advice
Investment Objectives
Market Rules
Order
Portfolio
Professional Client
Retail Client
Risk Disclosure Statement
SCA
Securities
Settlement Date
Settlement Period
Trading Account
Trading Day
Trading Hours
Trading Instructions
Trading Password
Trading Platform
Transaction
UAE
UAE Dirham
User ID
Services
Account Opening
Trading Authorization
Client Classification
Order Execution
Fees and Commissions
Payment Terms
Client Funds
Custody
Electronic Trading
Risk Disclosure
Client Representations
Broker Representations
Confidentiality
Data Protection
Anti-Money Laundering
Compliance
Record Keeping
Reporting
Liability
Indemnification
Force Majeure
Termination
Assignment
Notices
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Language
Financial Services
Banking
Investment Management
Securities Trading
Wealth Management
Corporate Services
Professional Services
Investment Banking
Asset Management
Private Equity
Family Offices
Legal
Compliance
Risk Management
Trading
Operations
Client Relations
Account Management
Finance
Business Development
Investment Advisory
Due Diligence
Corporate Governance
Internal Audit
Customer Service
Documentation
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Head of Legal
Legal Counsel
Compliance Officer
Risk Manager
Investment Manager
Portfolio Manager
Trading Manager
Account Manager
Client Relationship Manager
Operations Manager
Financial Controller
Business Development Manager
Head of Trading
Senior Broker
Investment Advisor
Corporate Secretary
Due Diligence Officer
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