pace commodity form 4-2-13

7/28/2019 Pace Commodity Form 4-2-13

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Pa ce C om mo di ty B ro ke r s P vt . L t d.

COMMODITY MARKET

M e mb e r - N a t i on a l C o m mo d i ty & D e r i va t iv e s E x ch a ng e L t d. ( N C D EX )

M u lt i C o m mo d it y E x ch a n ge o f I n di a L t d. ( M C X )

ACE Derivatives and Commodity Exchange Ltd. (ACE)

N a t i o na l S p o t E x c h a n ge L t d . ( N S E L)


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F or a ny g r ie v an ce /d is pu te p le as e c on ta ct PA C E C O MM O DI T Y B R OK E RS PV T. LT D . at the above a ddress o r e mail id -

i nf o@ pa c ef in .c om a nd P ho ne N o. + 91 -11 -42022222. In c as e n ot s ati sf ie d w it h t he r es po ns e, p le as e c on ta ct th e c on ce rn ed

e x ch a n ge ( s) a t ( N C DE X ) a s k u s@ n cd e x. c om a n d P h on e N o . + 9 1- 2 2 -6 6 40 6 08 4 , 6 6 4 73 2 01 , ( M CX ) g r i e v an c e@ m cx i nd i a. c om a n d

P h o n e N o . + 9 1 - 2 2 -6 7 3 1 8 88 8, ( A C E ) i g c @ a ce i n di a . c om a n d P h o ne N o . + 9 1 - 22 - 6 67 0 9 20 0 .

M e mb e r : N a ti o na l C o mm o di t y & D e r i va t i ve s E x ch a ng e L t d . ( N CD E X)

M e mb er sh ip N o. : 0 00 31 F M C C o de N o .: N C DE X /T CM /C O RP /0 24 3

M e mb e r : M ul t i C o mm o di t y E x ch a ng e o f In d ia L t d. ( M CX )

M e mb e r sh i p N o . : 88 5 0 F M C C od e N o . : MC X / TC M / CO R P /0 6 6 8

Pa ce C om mo di ty B ro ke r s P vt . L td .

M e m b er : A C E D e r i v at i v e s a n d C o m mo d i t y E x c h a ng e L t d . ( A C E)

M e mb e r sh i p N o. : 6 1 53 F M C C od e N o . : A C E L/ T C M/ C O RP / 0 33 4

M e m be r : N a t i o na l S p o t E x c h a ng e L t d . ( N S EL )

M e m be r sh i p N o . : 1 2 8 00

R e gd . O ff i ce : J - 1 0/ 3 0 , D L F Ci t y P h a s e- I I , Gu r g ao n , H ar y a na - 1 2 20 0 2

D e lh i O ff i ce : A - 1 / 29 1 , S a f d ar j u n g E n c l av e , N e w D e l h i -11 0 0 2 9

P ho ne : 0 11 -4 20 22 22 2 F ax : 0 11 -2 61 05 82 3

E - m a i l : p a c e f i n @d e l 3 . vs n l . n et . i n

W e bs i t e : w w w. p a c e fi n . c o m

Director

M r s . A N J U G O E LPh.: 011-42022211

Email : [email protected]

Compliance Officer

Mr. MANOJ KUMAR SINGHPh.: 011-42022297


M r s . S H W ETA G O E LPh.: 011-42022244



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INSTRUCTIONS / CHECK LIST FOR FILLING KYC FORM

A . IM PO RTA NT P OI NT S:

1 . S e lf a t te s te d c o py o f PA N c a r d i s m a nd a to r y f o r a l l c l ie n ts , i n cl u di n g P r o mo t er s /P a rt n er s /K a rt a /T ru s te e s a n d w h ol e t i me d i re c to r s a n dp e r s o ns a u t h or i z e d t o d e a l i n c o m m o di t y d e r i v a ti v e s o n b e h a lf o f c o m p a ny / f i rm / o t he r s .

2 . C op ie s o f a ll t he d oc um en ts s ub mi tt ed b y t he a pp li ca nt s ho ul d b e s el f- at te st ed a n d a cc om pa ni ed b y o ri gi na ls f or v er if ic a ti on . I n c as et he o ri gi na l o f a ny d oc um en t i s n ot p r od uc ed f or v er if ic at io n, t he n t he c op ie s s ho ul d b e p ro pe r ly a tt es te d b y e n ti ti es a ut ho ri ze d f oa t t e st i n g t h e d o c u m en t s , a s p e r t h e b e l o w m e n t io n e d l i s t .

3 . I f a n y p r oo f o f i de nt it y o r a dd re ss i s i n a r eg io na l l a n gu ag e, t he n t r a ns la ti on i nt o E n g li sh i s r e q ui re d.

4 . N am e & a dd re ss o f t h e a pp li ca nt m en ti on ed o n t h e K YC f o rm , s h o ul d m a t ch w it h t h e d oc um en ta ry p r oo f s u b mi tt ed .

5 . I f c o r re sp on de nc e & p er ma ne nt a d dr es s a r e d if fe r en t, t he n p r o of s f o r b ot h h a v e t o b e s u b mi tt ed .

6 . S ol e p r o pr ie to r m us t m a k e t h e a p p li ca ti on i n h i s i nd iv id ua l n a m e & c ap ac it y.

7 . F or no n- re si de nt s a nd f or ei gn n at io na ls , ( al lo we d t o t ra de s ub je ct t o R BI a nd F EM A/ FI PB & o th er st at ut or y g ui de li ne s) , c op y op a s s p o r t / P I O C a r d / O C I C a r d a n d o v e r s e a s a d d r e s s p r o o f i s m a n d a t o r y .

8 . F or f o re ig n e n t it ie s, C IN i s o pt io na l; a nd i n t h e a bs en c e o f D IN n o . f o r t h e d i r ec to rs , t h e ir p a s sp or t c o p y s h o ul d b e g iv en .

9 . I n c as e o f M er c ha nt N av y N RI 's , M ar in er 's d ec la r at io n o r c er ti fi ed c op y o f C DC ( C on ti nu ou s D is c ha rg e C er ti fi ca te ) is t o b e s ub mi tt eda l o n g wi t h o t h e r s t at u t o ry a p p r o va l s r e q u i r ed f o r i n v e st m e n t i n c o m m od i t i es .

1 0. P ol it ic al ly E xp os ed P er so ns ( PE P) a re d ef in ed a s i nd iv id ua ls w ho a re o r h av e b ee n e nt ru st ed w it h p ro mi ne nt p ub li c f un ct io ns i n a

f o re i gn c o un t ry, e . g. , H e ad s o f S t at e s o r o f G o ve r nm e nt s , s e ni o r p o li t ic i an s , s e ni o r G o ve r n me n t/ j ud i ci a l/ m i li t ar y o ff i ce r s , s e ni o

e x e c u ti v e s o f s t a t e o w n e d c o r p o r at i o n s, i m p o r ta n t p o l i ti c a l p a r t y o f f ic i a l s , e t c .B . P r o o f o f I d en t i t y ( P O I ) : - L i s t o f d o c um e n t s a d m i ss i b l e a s P r o o f o f I d en t i t y :

1 . U n iq u e I d en t if i ca t io n N u mb e r ( U ID ) ( A a dh a ar ) / P a s s p or t / V o t er I D c a rd / D r iv i ng l i ce n se .

2. PAN c ard w ith p hotograph.

3 . I de nt it y c ar d i ss ue d b y a ny o f t he f ol lo wi ng : C en tr al /S ta te G ov er nm en t a nd i ts D ep ar tm en ts , S ta tu to ry /R eg ul at or y A ut ho ri ti es , P ub li cS e ct o r Un d er t ak i ng s , S c he d ul e d C o mm e rc i al B a nk s , P u bl i c F i na n ci a l I n st i tu t io n s, C o ll e ge s a f fi l ia t ed t o U n iv e r si t ie s , P r o fe s s io n aB o di e s s u c h a s I C AI , I C WA I , I C S I , B a r C o un c il e t c. , t o t h ei r M e mb e rs ; a n d C r e d i t c a r d s /D e bi t c a rd s i s su e d b y B a nk s .

C . P r o o f o f A d dr e s s ( P O A ) : - L i st o f d o c u m e nt s a d m i ss i b l e a s P r o o f o f A d dr e s s :

( * D o c u m e n t s h a v i n g a n e x p i r y d a t e s h o u l d b e v a l i d o n t h e d a t e o f s u b m i s s i o n . )

1 . P as sp or t/ Vo te rs I de nt it y C ar d / R at io n C ar d/ R eg is te r ed L ea s e o r S al e A gr ee me nt o f R es id e nc e/ D ri vi ng L ic e ns e/ F la t M ai nt en an ce

b i l l / I n s u r a n c e C o p y.2 . U ti li ty b il ls l ik e T el ep ho ne B il l ( o n ly l an d l in e) , E l e ct ri ci ty b il l o r G as b il l - No t m o r e t h a n 3 m on th s o ld .

3 . B an k A c co un t S t at em en t/ Pa ss bo ok - - N ot m or e t h an 3 m on th s o l d.

4. Proof of address issued by any of the following: Bank Mana gers of Sched uled Commercial Bank s/Scheduled Co- Oper ativeB a n k / M u l t i n a t i o n a l F o r e i g n B a n k s / G a z e t t e d O f f i c e r / N o t a r y p u b l i c / E l e c t e d r e p r e s e n t a t i v e s t o t h e L e g i s l a t i v eA s s e m bl y / P a rl i a m en t / D oc u m e n ts i s s u e d b y a n y G o v t . o r S t a t u to r y A u t h o ri t y.

5. Identity card/document with address , issued b y any of the following: Central/State Government and its Depar tments

S t a t u to r y / R eg u l a t or y A u t h o ri t i e s, P u b l i c S e c t or U n d e r ta k i n g s, S c h e d u le d C o m m e rc i a l B a n k s , P u b l ic F i n a n ci a l I n s t it u t i on s , C o l l e ge sa f fi l ia t ed t o U n iv e rs i ti e s a n d P r of e ss i on a l B o d i e s s u c h a s I C AI , I C WA I , I C S I , B a r C o un c il e t c. , t o t h ei r M e mb e r s.

6 . T he p ro of o f a dd re ss i n t he n am e o f t he s po us e m ay b e a cc ep te d.

D. Exemptions/clarifications to PAN

( * S uf fi c ie n t d o c u m en t ar y e v id e nc e i n s u pp o r t o f s u ch c l ai m s t o b e c o ll e ct e d. )

1 . T ra ns ac ti on s u nd er ta ke n o n b eh al f o f C en tr al G ov er nm en t a nd /o r S ta te G ov er nm en t a nd b y o ff ic ia ls a pp oi nt ed b y C ou rt s e .g . O ff ic ial i q u i da t o r, C o u r t r e c e i ve r e t c .

2 . I nv es to rs r e si di ng i n t h e s ta te o f S i k ki m ( s u bj ec t t o t he c o nt in ue d e x e mp ti on g ra nt ed b y G o v er nm en t) .

E . L i s t o f p e o p le a u t h o ri z e d t o a t t e s t t h e d o c u me n t s :

1 . N ot ar y P ub li c, G az et te d O ff ic e r, M an ag er o f a S ch e du le d C om me r ci al / C o- op er a ti ve B an k o r M ul ti na ti on al F or e ig n B an k s ( N am eD e s i g n a t i o n & S e a l s h o u l d b e a f f i x e d o n t h e c o p y ) .

2 . I n c as e o f N RI s, a ut ho ri ze d o ff ic ia ls o f o ve rs e as b r an ch es o f S ch ed ul ed C om me r ci al B an ks r eg is te re d i n I nd ia , N ot ar y P ub li c, C ou rM a gi s tr a te , J u dg e , I n d i an E m ba s s y / C o n su l at e G e ne r al i n t h e c o u n t ry w h er e t h e c l i e nt r e si d es a r e p e rm i tt e d t o a t te s t t h e d o cu m en t s.


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F. I n c a s e o f N o n - In d i v id u a l s, a d d i ti o n a l d o c u me n t s t o b e o b t a in e d f r o m n o n - in d i v id u a l s, o v e r & a b o v e t h e P O I & P O A , a s m e n t i on e d b e l o w

Ty p e s o f e n ti t y D o c u m e n t a r y R e q u ir m e n t s

C op y o f t he b al an c e s h ee ts f or t he l as t 2 f in an ci al y ea rs ( to b e s u b mi tt ed e ve r y y e ar ) .

C o py o f l a te s t s h ar e h o ld i ng p a tt e rn i n cl u di n g l i st o f a l l t h os e h o ld i ng c o nt r ol , e i th e r d i re c tl y o r i n di r ec t ly,

i n t h e c o mp a ny i n t e rm s o f S E BI t a ke o ve r R e gu l at i on s , d u ly c e r ti f ie d b y t h e c o mp a n y s e cr e ta r y/ W ho l e

t i m e d i r e c to r / M D ( t o b e s u b m it t e d e v e r y y e a r ) .

P ho to gr a ph , P OI , P O A , P AN a n d D I N n um be rs o f w ho le t im e d ir e ct or s /t wo d ir ec to rs i n c ha rg e o f d ay t o

d a y o p e r a t i o n s .

P h ot o gr a p h, P O I, P O A, PA N o f i n di v id u a l p r o m ot e rs h o ld i ng c o n tr o l- e it h er d i r e c tl y o r i n d i re c tl y.

C op ie s o f t h e M em or an du m a n d A rt ic le s o f A s s oc ia ti on a nd c e rt if ic a te o f i n c or po r at io n.

C op y o f t he B oa r d R e so lu ti on f or i n ve s tm en t i n c o mm od it y m a r ke t.

C op y o f B oa rd R es o lu ti on o r d ec la r at io n ( o n t he l et te rh ea d) n am in g t he p er so ns a ut ho ri ze d t o d ea l i n

c o m m od i t y d e r i v at i v e s o n b e h a l f o f c o m p a ny / f i rm / o t he r s a n d t h e i r s p e c i me n s i g n a tu r e s .

C op y o f t he b al an c e s h ee ts f or t he l as t 2 f in an ci al y ea rs ( to b e s u b mi tt ed e ve r y y e ar ) .

C e rt i fi c at e o f r e g is t ra t io n ( f or r e g is t er e d p a rt n er s hi p f i rm s o n ly ) .

C op y o f p ar tn er sh ip d ee d.

A ut ho r is e d s i gn at or ie s l is t w i t h s p e ci me n s i g na tu re s.

P ho to gr a ph , P O I , P O A, PA N o f P a r tn er s.

C o r p o r a t e

P a r t n e r s h i p F i r m

T r u s t

HUF

C op y o f t h e b al an ce s he et s f o r t he l as t 2 f in an ci al y ea r s ( t o b e s ub mi tt ed e ve ry y ea r) .

C er ti fi ca te o f r e g is tr at io n ( f o r r eg is te re d t r u st o nl y) .

C op y o f T r us t d e e d. L is t o f t ru st ee s c e r ti fi ed b y m a n ag in g t r u st ee s/ CA .

L is t o f t ru s te es c e rt if ie d b y m a n ag in g t ru st ee s/ CA .

P ho to gr ap h, P OI , P O A , P AN o f T r us te es .

PAN of H UF.

D ee d o f d ec la ra ti on o f H U F/ L is t o f c op ar ce ne rs .

B an k p as s- bo ok /b an k s t a te me nt i n t h e n am e o f H UF.

P ho to gr ap h, P OI , P OA , PA N o f K ar ta .

G o v e r n m e n t B o d i e s S el f- ce rt if ic at io n o n l e t te rh ea d.

A ut ho ri ze d s i g na to ri es l is t w i t h s p ec im en s ig na tu r es .

R e g i s t e r e d S o c i e t y C o py o f R e gi s tr a ti o n C e r t if i ca t e u n d e r S o ci e ti e s R e g i s tr a ti o n A c t .

L is t o f M an ag in g C o mm it te e m e mb er s.

Committee r esolu tion for per sons autho rised to act as authorised signatories with specimen

signatures.

T ru e c o p y o f S oc ie ty R ul es a nd B ye L aw s c e r ti fi ed b y t h e C ha ir ma n/ Se cr et ar y.


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IN D EX O F D O C UM E N TS

1.

S.No. N am e o f t he D oc um en t Brief Significance of the Document P ag e N o .

V O LU N TA R Y D O C U M E N TS A S P R O V I D E D B Y TH E M E M B E R

D o cu m en t t o a u th o ri z e t o s e nd a l l c o nt r ac t n o te / bi l ls , s t at e me n t o f a c co u nt / l e d ge r i n d i gi t al / el e ct r on i c f o rm o n d e si g n at e d e m ai l i d b y c l ie n t.

Appendix - AE l e ct r o ni c C o n ta c t N o t e ( E C N)

K Y C F o r m - D o c u m e n t c a p t u r e s t h e b a s i c i n f o r m a t i o n a b o u t t h ec o n s t i t u e n t a n d a n i n s t r u c t i o n / c h e c k l i s t .

1. K Y C / A c c o u n t O p e n i n g F o r m 1-10

S.No. N a me o f t h e D o cu m en t Brief Significance of the Document P a ge N o .

4. Guidance N ote-D o's and D on'ts for the clients Guidance Note for dealing in com m odities m arket.

3. R i g h t s a n d O b l i g a t i o n s o f M e m b e r s ,A u t h o r i z e d P e r s o n s a n d C l i e n t s . D oc um en t s t at i ng t h e R i gh t s & O b li g at i on s o f m em be r, A ut h or i ze d P er s ona nd c l ie nt f o r t r ad in g o n e xc ha ng es ( i nc lu di n g a dd it i on al r i gh t s & o bl i ga t io nsi n c a s e o f i n t er n e t/ w i re l es s t e c hn o l og y b a s ed t r a di n g ).

M A N D A TO R Y D O C U M E N TS A S P R E S C R I B E D B Y FM C & E X C H A N G E S

2. U n if o rm R i sk D is c lo s ur e D o cu m en t ( R DD ) D oc um en t d et a il i ng r i sk s a s so c ia t ed w it h d e al i ng i n t h e c o mm od i ti es m ar k et .

5. T ariff Sheet Docum ent detailing the rate/am ount of brokerage and other charged levied onthe client for trading on the Com m odity Exchange(s).

D isclosure Information Pro-Account Disclosure Inform ation6.

11-13

1 4 - 1 7

18-19

20

20

21

2. L et t e r o f A u th o ri t y To e na bl e t he t r ad in g m em be r t o a ct u po n t he c la us e m en ti on ed i n t hel e t te r o f a ut h or i t y.

22

3. F o r R e gi s tr a ti o n a nd Ve r if i ca t io n o fM ob i le N o . a n d E - ma i l A d dr e ss

S MS & E -m ai l a le rt s t o t he c li en ts g iv en b y t he E xc ha ng es . 23

7. D ec l ar a ti o n b y t h e U s er Declaration for being abide by the rules, bye-laws, regulations and Circulars of the Exchange 25

4. R e q ue s t f o r T r ad i n g i n C o m mo d i t y F o r wa r d C o n tr a c t s/ C o m mo d i ty D e r i va t i ve s o n a l l E x c ha n g e s

D oc u me nt s d e ta i li n g t h e r u le s r e ga r di n g t h e N e t o pe n p er m is s io n p er m it t edi n a ny C o mm od i ty.

24

5. Adjustm ent in Different Exchanges / Accounts 24

12. Client Defaulter DeclarationDeclaration for being not involved in any Terrorist activity and not declared and

D e f a u l t e r b y S E B I / F M C / V a r i o u s E x c h a n g e s / Re g u l a t o r y B o d y / C I B I L e t c .

28

13. D ec l ar a ti o n f o r N am e M i sm at c h F or a ut ho ri zi ng t he p ay ou t a s p er t he e nc lo se d B an k p ro of . 28

14. D ec l ar a ti o n f o r M ob i le N um be r D e cl a r at i o n a n d p e rm i s si o n t o s e nd i n f or m at i o n/ a l er t s /S M S/ c al l o n t h e m o bi l e n u mb e r 28

16. F o rm at o f B an k f o r V er i f ic a ti o n L et t e r f r om t h e B a nk f o r C l ie nt B an k Ve r if i ca t io n . 30

17. D ec l ar a ti o n b y P a rt n er s hi p F i rm F or m at o f D e cl a ra t io n b y t h e P ar t ne r sh i p F i rm . 31

15. Declaration by Karta & All the Co-Parceners D ec la ra ti on b y K ar ta & a ll t he C o- Pa rc en er s o f H UF. 29

18. F o r m a t o f B o a r d R e s o l u t i o n i n c a s e o f C o r p o r a t e F or ma t o f B oa rd R es ol ut i on i n c as e o f C or po ra te / T ru st s . 31

Declaration for Adjustm ent of Balance in Different Exchanges and for being abideby the Rules, Bye-laws, regulations and Circulars of the Exchanges.

6. Ve rb al O rd er A cc ep ta nc e A ut ho ri sa ti on To e na bl e t he t ra di ng m em be r t o a cc ep t v er ba l o rd er s 25

9. Letter o f Confirmation Letter c onfirming t he d etails available o n t rading m ember website 26

8. Joint Bank Account Authorisation A ut h or i sa t io n i n c a se o f j o in t B a nk A c co u nt 26

11. Client Position Authorisation Authorisation to trading m em ber to not to close out client's position at its discretion 27

10. Trading A uthorisation Authorisation t o s omebody e lse t o p lace o rders 27


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A d d r e s s f o r C o r r e s p o n d e n c e

City/Distt./Village State

C o u n t r y P i n C o de

Tel.: (O)

M o b i l e

Tel. (R)

Fax

C o n t a c t D e t a i l s

E - m a i l

S pe c if y t h e p ro of o f a dd r es s s ub mi t te df o r c o rr e s po n de n c e a d dr e ss

B. ADDRESS DETAILS

P l ea s e a f f i x

y ou r r e ce n t

p a s sp o r t s i ze

photograph

duly signed

across

KNOW YOUR CLIENT (KYC) APPLICATION FORM (FOR INDIVIDUALS)

(1)

Permanent Address(If different from above)

Specify the proof of addresssubmitted for Permanent address


C o u n t r y P i n C od e

Tel.: (R)

M o b ile F a x

Contact Details

E - m a i l

Resident I ndividual Non Resident Foreign Nat ional

N a m e o f t h e A p p l i c a n t

F a t h e r ' s / S p o u s e N a m e

G e n d e r

Status

P e r m a n e n t A c c o u n t N o . ( P A N )

Unique Identification Number (UID) / Aadhaar, if any :

A n y o t h e r a d d i t i o n a l p r o o f o f I d e n t i t y

A . I D E N T I T Y D E TA I L S

( If N o n R e si d en t / F o re i gn N a ti o na l , s e lf c e rt i fi e d c op y o f s t at u to r y a pp r ov a l o b ta i ne d m us t b e a t ta c he d )

S i n g l e M a r r i e dMarital StatusMa le F em al e

D a t e o f B i r t h Indian Others_______________Nationality :

Note: The information to be given in the for m, is the sole property of PACE

C O MM O DI T Y B R OK E RS P V T. LT D . and would not be disclo sed to anyone

u n le s s r e qu i re d b y l a w o r e x c e pt w i th t h e e x p r e ss p e r mi s si o n o f t h e c l i e nt .

P l e a se f i l l t h i s f o r m in E N G L IS H a n d i n B L OC K L E TT E R S .

MANDATORY


8/40

(2)

(please tick any oneand give brief details)

Pr ivate Secto r Pub lic Sector Busin ess Profession al

Farmer Others____________________________________

Government Service

Rs. 5 L ac to 10 Lac Rs. 10 Lac to 25 Lac

Income Range per annum : Bel ow Rs. 1 Lac Rs. 1 Lac to 5 Lac

> 25 L ac

Gross Annual IncomeDetails (please specify)

(date).................................... .......... (Rs._______________________________________________)

(Net worth should not be older than 1 year)

P l e a s e t i c k , a s a p p l i c a b l e

OR

Occupation

C. OTHER DETAILS

Net-Worth as on

Politi call y Expos ed Person (PEP) Related to Pol itically Exposed Person (PEP)

N ot a P ol i ti c al ly E x po se d Pe rs on ( PE P) N ot R el at ed t o Po li ti c al l y Ex po se d Pe rs on ( PE P)

T RADING PREF ERENCESF.

Bank Name Branch Address Bank Account Number A c c o u n t T y p e

BANK ACCOUNT ( S) DET AIL SD.

M IC R N u m b e r IF S C C o d e

S a v i n g

C u r r e n tO t h e r s -i n c a s e o f N R I / N R E / N R O

* Pl ea se s ig n i n t he r el ev an t b ox es w it h w hi ch E xc ha ng e y ou w is h t o t ra de . T he E xc ha ng e n ot c ho se n s ho ul d b e s tr uc k o ff b y t he c li en

N a me o f D e po s it o r y D P I DDepository Participant

Name

NSD L C DS L

B en e fi ci a ry I D ( BO I D)

NSD L C DS L

DEPOSIT ORY ACCOUNT ( S) DETAIL S, if availab leE.

Beneficiary Name

Provide a copy of either Demat Master or a recent holding statement issued by DP bearing name of the client.

P ro vi de a c op y o f c an ce l le d c he qu e l e af /p a ss b o ok /b a nk s ta te m en t s pe ci fy in g n a me o f t he c li en t, M IC R C od e o r /a n d I FS C C od e o f t he B a nk

[ In c as e o f a ll ow in g a c li en t f or tr ad in g o n a ny o th er Ex ch an ge a t t he l at er da te , w hi ch i s n ot s el ec te d n ow, a s ep ar at e c on se nt l et te r i sr eq ui re d t o b e o bt ai ne d b y t he M em be r f ro m c li en t a nd t o b e k ep t a s e nc lo su re w it h t hi s d oc um en t]

MCX

Sr. No. Na m e of the Na tiona l Com m odity Ex c ha nge sDa te of c ons e nt for tra ding

on c onc e rne d Ex c ha ngeSigna ture of the Clie nt

1.

NCDEX2.

ACE3.

NSEL4.

MANDATORY


9/40

Local Sales Tax State Registration No.

Central Sales Tax Registration No.

SALES TAX REGISTRATION DETAILS (As applicable, State wise)H.

Validity Date

Validity Date

INVEST MENT / T RADING EXPERIENCEG.

N o P r i o r E x p e r i e n c e

_______ ___Years in Commodities

__________Years in other investment related fields

Name of the State

Other Sales Tax State Regn. No. Validity Date

Name of the State

L o c a l V AT R e g i s t r at i o n N o .

O t h e r V AT R e g i s t ra t i o n N o .

VAT DETAILS (As applicable, State wise)I.

Validity Date

Validity Date

Name of the State

Name of the State

D e ta i ls o f a n y a c ti o n/ p ro c ee d in g s i n it i at e d/ p en d in g /t a ke n b y F M C / S E BI / S t oc k E x ch a ng e / C o mm o di t y E x ch a ng e / A n y o t he r a u th o r it y

a g ai ns t t h e c li en t d u r in g t he l as t 3 y ea r s :

P AS T R E G U L AT O R Y A C T I O N SJ.

I f c li en t a d ea li ng t hr ou gh a ny o th er M em be r, p r ov id e t he f ol lo wi ng d et ai ls ( in c as e d ea li ng w it h m ul ti pl e M em be rs , p ro v id e d et ai ls o f a ll i n

s e p a r a t e s h e e t c o n t a i n i n g a l l t h e i n f o r m a t i o n a s m e n t i o n e d b e l o w ) :

R e g ist e r e d O f f i ce A d d r ess

Tel.: Fax

E-mail

C l ie n t C o de

Details of disputes / dues pendingfrom/to such Member / AP:

Member's/Aut horised Persons Name

Exchange

E xch an g e 's R e g ist r a t i on N o .

C o nc e rn ed M e mb er ' s N a mewith whom the AP is registered

K . D E AL I NG T H RO UG H O T HE R M E MB ER S

(3)

MANDATORY


10/40

Sign. of the Introducer

Name of the introducer

Status of the Introducer

Address and Phone No.of the Introducer

Authorised Person Existing Client Others________________________

I N T RO D U C ER D E TA I L S ( o p ti o n al )L.

W he th er y ou w is h t o r ec ei ve c om mu ni ca ti on f ro mM em be r i n e le ct ro ni c f or m o n y ou r E ma il - id . ( I f y e s t h e n p l e a s e f i l l i n A p p e n d i x - A )

Ye s N o

A D D I T I ON A L D E TA I L SM.

N am e o f t he N om in ee

Rel ati onshi p wi th the Nomi nee

PA N o f N om in eeA dd re ss a nd P h. N o.o f t he N om in ee

If Nominee is a minor, details of guardian :

Name of the Guardian

Address and Ph. No.of Guardian

Sign. of Guardian

Date of Birth of Nominee

NOMINATION DETAILSN.

I/We do not wish to nominateI/We wish to nominate

Name

Signature

Address

Name

Signature

Address

W I TN E SS E S ( O nl y a p pl i ca b le i n c a se t h e a c co u nt h ol d er h a s m a de n om i na t io n )

1 . I /W e h e r eb y d ec la r e t h at t he d et ai ls f ur ni sh ed a bo ve a re t ru e a nd c or r ec t t o t he b es t o f m y / ou r k n ow le dg e a nd b el ie f a n d I /w e u nd er ta ket o i nf or m y ou o f a n y c ha ng es t he re in , i mm ed ia te ly. I n c as e a ny o f t he a b ov e i nf or ma ti on i s f ou nd t o b e f al se o r u n tr u e o r m is le ad in g om i s r e p r e s e n t i n g , I a m / W e a r e a w a r e t h a t I / w e m a y b e h e l d l i a b l e f o r i t .

2 . I / We c o nf i rm h a vi n g r e a d / be e n e x p l a in e d a n d u n d er s to o d t h e c o nt e nt s o f t h e t a r i ff s h e et a n d a l l v o l u nt a ry / no n -m a nd a to r y d o c u m en t s.3 . I / We f u rt h er c o nf i rm h a vi n g r e ad a n d u n de r st o od t h e c o nt e nt s o f t h e R ig h ts a n d O b li g at i on s d o c u me n t( s ), R is k D i sc l os u re D o cu m en t

a nd Do s a nd D on t s . I /W e d o h er eb y a gr ee t o b e b ou nd b y s uc h p ro vi si on s a s o ut li ne d i n t he se d oc um en ts . I /We h av e a ls o b ee ni n fo r me d t h at t h e s t a n da r d s e t o f d o cu m en t s h a s b e en d i sp l ay e d f o r I n fo r ma t io n o n M e mb e r s d e si g na t ed w e bs i te , i f a n y.

Place

Date

DECLARATION

1

C l i e n t S i g n a tu r e

(4)

MANDATORY


11/40

F OR O FF IC E U SE O NLY

I / W e u nd er ta ke t ha t w e h av e m ad e t he c li en t a wa re o f t ar i ff s he et a nd a ll t he v o lu nt ar y/ no n- ma nd at or y d oc um en ts . I /W e h av e a ls o m ad e

t h e c l ie n t a w ar e o f R ig h ts a n d O b li g at i on s d o c u me n t ( s ) , R D D , D o s a n d D o nt s a n d G u id a nc e N o te . I / We h a ve g i ve n /s e nt h i m a c o py o f at he K YC d oc um en ts . I /W e u nd er ta ke t ha t a ny c h an ge i n t he t ar if f s h ee t a nd a ll t he v o lu nt ar y/ no n- ma nd at or y d oc um en ts w ou ld b e d ul yi nt im at ed t o t he c li en ts . I /W e a ls o u nd er ta ke t ha t a ny c ha ng e i n t he Ri gh ts a nd O bl ig at io n s a nd R DD w ou ld b e m ad e a v ai la bl e o n m y/ ouwebsite, if any,for the information of the clients.

UCC Code allotted to the Client :______________________________

Signature of the Authorised Signatory

Date __________________ Seal / Stamp of the Membe

For PACE COMMODITY BROKERS PVT. LTD.

(5)

Name of the Employee

Employee Code

Designation of the Employee

Date

Signature

Document verified with Originals by In Person Verification done by

MANDATORY


12/40

Private L imited C o. Public L td. C o. Body C orporate Partnership

Trust HUF LLP Others________________________________

Name of the Applicant

Date of incorporation

Place of incorporation

Date of Commencement of Business

P e rm a ne n t A c c ou n t N u mb e r ( PA N )

Registration No. (e.g. CIN)

Status (Please tick any one)

Address for Correspondence


Country P i n C od e

Tel.: (O)

Mobile

Tel. (R)

Fax

Contact Details

E-mail

S pe ci f y t h e p r oo f o f a dd re s s s u bm it t edf o r c o r re s po n de n c e a d dr e s s

A . I D E N T I T Y D E T A I L S

B . A D D R E S S D E T A I L S

(6)

( I n c as e o f f o re ig n e nt i ty o r e nt i ty w i th f o re i gn s ha r eh ol d er s , s el f c er t if i ed c op y o f s t at u to r y a p pr o va lo b ta in e d m u st b e a t ta c he d)

A ny o th er a dd i ti o na l p ro of o f i de nt i ty

P l ea s e a f f i x

y ou r r e ce n t

p a ss p or t s i ze

photograph

duly signed

across

KNOW YOUR CLIENT (KYC) APPLICATION FORM (FOR NON-INDIVIDUALS)

Note: The information to be given in the for m, is the sole property of PACE

C O MM O DI T Y B R OK E RS P V T. LT D . and would not be disclo sed to anyone

u n le s s r e qu i re d b y l a w o r e x c e pt w i th t h e e x p r e ss p e r mi s si o n o f t h e c l i e nt .

P l e a se f i l l t h i s f o r m in E N G L IS H a n d i n B L OC K L E TT E R S .

R e g i st e r e d A d d r es s

(If different from above)


C o u n t r y P in C o de

MANDATORY


13/40

G r o s s A n n u a l I n c o m eD e t a i l s ( p l e a s e s p e c i f y )

( d a t e ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( R s . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ )

( N e t w o r t h s h o u l d n o t b e o l d e r t h a n 1 y e a r )

N a m e , P A N , R e s i d e n t i a l A d d r e s s a n d p h o t o g r a p h s o f P r o m o t e r s / P a r t n e r s / K a r t a / T r u s t e e s a n d w h o l e t i m e d i r e c t o r s :

Rs. 5 Lac to 10 Lac Rs. 10 Lac t o 25 Lac

I n c o m e R a n g e p e r a n n u m : B e lo w R s . 1 L a c R s . 1 L a c to 5 L a c

>1 CroreRs. 25 Lac to 1 Crore

C. OTHER DETAILS

(7)

N e t - w o r t h a s o n

S pe ci fy t he p ro of o f a dd re sss u bm i tt e d f o r R e gi s te r ed a d dr e ss

Tel.: (R)

M obile Fax

Contact Details

E-mail

N am e ( 1)

D esi g nat i o n PAN

R e s i d e n t i a l

AddressPin Code

DIN

P l e a s e t i c k , i f a p p l i c a b l e , f o r a n y o f y o u r a u t h o r i z e d s i g n a t o r i e s / P r o m o t e r s / P a r t n e r s / K a r t a / T r u s t e e s / w h o l e t i m e d i r e c t o r s :

P ol it ic al ly E xp os ed P er so n ( P EP ) R el at ed t o a P ol it ic al ly E xp os ed P er so n ( P EP )

A ny O t he r I n fo rm at i on

P h o to g r ap h s o fPromoters/Partners/

Karta/T ru s te es a n d w h ol e

t i me d i re ct o rs &authorised

signatoriesUIDDPIN

N ot a P ol it ic al ly E xp os ed P er so n ( P EP ) N ot R el at ed t o a P ol it ic al ly E xp os ed P er so n ( PE P)

N am e ( 2)

D e s i g n a t i o n PAN

R e s i d e n t i a lAddress

Pin Code

DIN




P h o to g r ap h s o fPromoters/Partners/

Karta/T ru s te es a n d w h ol e

t i me d i re ct o rs &authorised

signatoriesUIDDPIN


N am e ( 3)

D e s i g n a t i o n PAN

R e s i d e n t i a lAddress

Pin Code

DIN




P h o to g r ap h s o f

Promoters/Partners/Karta/

T ru s te es a n d w h ol et i me d i re ct o rs &

authorisedsignatoriesUIDDPIN


MANDATORY


14/40

(8)

T RADING PREF ERENCESF.

Bank Name Branch Address Bank Account Number A c c o u n t T y p e

BANK ACCOUNT ( S) DET AIL SD.

M IC R N u m b e r IF S C C o d e

S a v i n gC u r r e n tO t h e r s -

i n c a s e o f N R I / NRE / NRO

* Pl ea se s ig n i n t he r el ev an t b ox es w it h w hi ch E xc ha ng e y ou w is h t o t ra de . T he E xc ha ng e n ot c ho se n s ho ul d b e s tr uc k o ff b y t he c li en

N ame of D epository D P I DDepository Participant

Name

NSD L C DS L

B en e fi ci a ry I D ( BO I D)

NSD L C DS L

DEPOSIT ORY ACCOUNT ( S) DETAIL S, if availab leE.

B e n e f i c ia r y N a m e

Provide a copy of either Demat Master or a recent holding statement issued by DP bearing name of the client.

P ro vi de a c op y o f c an ce l le d c he qu e l e af /p a ss b o ok /b a nk s ta te m en t s pe ci fy in g n a me o f t he c li en t, M IC R C od e o r /a n d I FS C C od e o f t he B a nk

[ In c as e o f a ll ow in g a c li en t f or tr ad in g o n a ny o th er Ex ch an ge a t t he l at er da te , w hi ch i s n ot s el ec te d n ow, a s ep ar at e c on se nt l et te r i sr eq ui re d t o b e o bt ai ne d b y t he M em be r f ro m c li en t a nd t o b e k ep t a s e nc lo su re w it h t hi s d oc um en t]

Local Sales Tax State Registration No.

Central Sales Tax Registration No.

SALES TAX REGISTRATION DETAILS (As applicable, State wise)H.

Validity Date

Validity Date

INVEST MENT / T RADING EXPERIENCEG.

N o P r i o r E x p e r i e n c e

________ __Years in Commodities

__________Years in other investment related fields

Name of the State

Other Sales Tax State Regn. No. Validity Date

Name of the State

MCX

Sr. No. Na m e of the Na tiona l Com m odity Ex c ha nge sDa te of c ons e nt for tra ding

on c onc e rne d Ex c ha ngeSigna ture of the Clie nt

1.

NCDEX2.

ACE3.

NSEL4.

MANDATORY


15/40

(9)

L o c a l V AT R e g i s t r at i o n N o .

O t h e r V AT R e g i s t ra t i o n N o .

VAT DET AIL S ( As ap p licab le, St at e wise)I.

Validity Date

Validity Date

Name of the State

Name of the State

D e ta i ls o f a n y a c ti o n/ p ro c ee d in g s i n it i at e d/ p en d in g /t a ke n b y F M C / S E BI / S t oc k E x ch a ng e / C o mm o di t y E x ch a ng e / A n y o t he r a u th o r it y

a g a in s t t h e c l ie n t o r i t s P a r t ne r s /p r o mo t er s /w h ol e t i me d i re c to r s/ a ut h or i z ed p e rs o ns i n c h a rg e d u ri n g t h e l a st 3 y e ar s :

PAST REGUL AT ORY ACT IONSJ.

I f c li en t a d ea li ng t hr ou gh a ny o th er M em be r, p r ov id e t he f ol lo wi ng d et ai ls ( in c as e d ea li ng w it h m ul ti pl e M em be rs , p ro v id e d et ai ls o f a ll i n

s e p a r a t e s h e e t c o n t a i n i n g a l l t h e i n f o r m a t i o n a s m e n t i o n e d b e l o w ) :

R e g is t e r ed O f f i ce A d d re s s

Tel.: Fax

E-mail

C l ie n t C od e

Details of disputes / dues pendingfrom/to such Member / AP:

M e m b e r ' s / A u t h o r i s e d P e r s o n s N a m e

Exchange

E x c h an g e 's R e g is t r a t io n N o .

C o n ce r n ed M e m be r ' s N a m ewith whom the AP is registered

K . D E A LI N G T H R OU G H O TH E R M EM B E RS

Sign. of the Introducer

Name of the introducer

Status of the IntroducerAddress and Phone No.of the Introducer

A u t h or i s e d P e r s on E x i s ti n g C l i e nt O t h e r s _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

INTRODUCER DETAILS (optional)L.

W he th er y ou w is h t o r ec ei ve c om mu ni ca ti on f r omM em be r i n e le ct ro ni c f or m o n y ou r E ma il - id . (If yes then please fill in Appendix - A)

Yes N o

A D D I T I O N AL D E TA I L SM.

MANDATORY


16/40

(10)

F OR O FF IC E U SE O NLY

I / W e u n de rt ak e t ha t w e h av e m ad e t he c li en t a wa re o f t ar if f s he et a nd a ll t he v ol un ta r y/ no n- ma nd a to ry d oc um en ts . I /W e h av e a ls o m ad et h e c l ie n t a w ar e o f R ig h ts a n d O b li g at i on s d o c u me n t ( s ), R D D, D o s a n d D o nt s a n d G u id a nc e N o te . I / We h a v e g i v e n /s e nt h i m a c o py o f at he K YC d oc um en ts . I /W e u nd er ta ke t ha t a ny c ha ng e i n t he t ar if f s he et a nd a ll t he v ol un ta r y/ no n- ma nd a to ry d o cu me nt s w ou ld b e d ul yi nt im at ed t o t he c li en ts . I /W e a ls o u nd er ta ke t ha t a ny c ha ng e i n t he Ri gh ts a nd O bl ig at io ns a nd R DD w ou ld b e m ad e a va il ab le o n m y/ ouwebsite, if any, for the information of the clients.

UCC Code allotted to the Client :______________________________

Signature of the Authorised Signatory

Date __________________ Seal / Stamp of the Membe

For PACE COMMODITY BROKERS PVT. LTD.

1 . I /W e h e r eb y d ec la re t ha t t h e d et ai ls f ur ni sh ed a bo ve a re t ru e a nd c or re c t t o t he b es t o f m y/ ou r k no wl ed ge a nd b el ie f a n d I /w e u nd er ta ket o i nf or m y ou o f a ny c h an ge s t he r ei n, i mm ed ia te ly. I n c as e a ny o f t he a bo ve i nf or ma ti on i s f ou nd t o b e f al se o r u nt ru e o r m is le ad in g om i s r e p r e s e n t i n g , I a m / W e a r e a w a r e t h a t I / w e m a y b e h e l d l i a b l e f o r i t .

2 . I / We c o nf i rm h a vi n g r e a d / be e n e x p l a in e d a n d u n de r s to o d t h e c o n t en t s o f t h e t a r i ff s h ee t a n d a l l v o lu n ta r y/ n on - ma n da t or y d o cu m en t s.

3 . I / We f u rt h er c o nf i rm h a vi n g r e ad a n d u n de r st o od t h e c o nt e nt s o f t h e R ig h ts a n d O b li g at i on s d o c u me n t( s ), R is k D i sc l os u r e D o cu m en ta nd Do s a nd D on t s . I /We d o h er eb y a gr ee t o b e b ou nd b y s uc h p ro vi si on s a s o ut li ne d i n t he se d oc um en ts . I /We h av e a ls o b ee ni n fo r me d t h at t h e s t a n d ar d s e t o f d o cu m en t s h a s b e en d i sp l ay e d f o r I n fo r ma t io n o n M e mb e r s d e si g na t ed w e bs i te , i f a n y.

Place

Date

DECLARATION

* Fo rm n ee d t o b e s ig n ed b y a ll t he a ut ho ri ze d s ig na to ri es .

1


Name of the Employee

Employee Code

Designation of the Employee

Date

Signature

Document verified with Originals by In Person Verification done by

MANDATORY


17/40

(11)

R I S K D I S C L O S U R E D O C U M E N T

T h e E x ch a n ge d o es n o t e x p re s sl y o r i m p li e dl y, g u a ra n te e n o r m a ke

a n y r e p re s en t at i on c o nc e rn i ng t h e c o mp l et e ne s s, t h e a d eq u ac y o r

accuracy of this disclosur e documents n or has the Exchange

e nd or se d o r p as se d a ny m er it s o f p ar ti ci pa ti ng i n t he C om mo di ty

D er iv at iv es m ar ke t/ tr ad in g. T hi s b ri ef s ta te me nt d oe s n ot d is cl os e

a ll o f t he r is ks a nd o th er s ig ni fi ca nt a sp ec ts o f t ra di ng . Yo u s ho ul d,

th er efo re , s tu dy d er iv ati ve s t ra di ng c ar efu ll y b ef or e b ec omi ngi n vo l ve d i n i t .

I n t he l ig ht o f t he r is ks i nv o lv ed , y ou s ho ul d u nd er ta ke t ra ns ac ti on s

o nl y i f y ou u n de rs ta nd t he n at ur e o f t he c on tr ac tu al r el at io n sh ip i nt o

which you are entering and the extent of your exposure to risk.

Yo u m u st k n o w a n d a p p re c ia t e t h a t i n ve s tm e nt i n c o mm o di t y f u t u r es

c o n t r ac t s / d e r i v at i v e s o r o t h e r i n s t r um e n t s t r a d e d o n t h e C o m m o di t y

E x ch a ng e (s ) , w h ic h h a v e v a ry i ng e l em e nt o f r i sk , i s g e ne r al l y n o t a n

a pp ro pr ia te a ve nu e f or s om eo ne o f l imi te d r es ou rc es / l im it ed

i nv es tm en t a nd / o r t ra di ng e xp er ie nc e a nd l ow r is k t ol er an ce . Yo u

s h o u l d, t h e r e fo r e , c a r e f ul l y c o n s i de r wh e t h e r s u c h t r a d in g i s s u i t ab l ef or y ou i n t he l ig ht o f y ou r f in an ci al c on di ti on . I n c as e, y ou t ra de o n

t he E xc h an ge a nd s uf fe r a d v er se c on se q ue nc es o r l o s s, y ou s ha ll

b e s ol el y r es po ns ib le f or th e s am e a nd t he E xc ha ng e s ha ll n ot b e

r es po ns ib le , i n a n y m an n er w ha ts oe ve r, f or t he s am e a nd i t w il l n ot

be open for you to take th e plea that no adequa te disclos ure

r egarding the risks involved was made or that y ou wer e not

e x p la i ne d t h e f u ll r i sk i n vo l ve d b y t h e c o nc e rn e d m e mb e r. T h e C l ie n t

s h al l b e s ol el y r es po ns ib le f or t he c on se qu en ce s a nd n o c on tr ac t

c a n b e r e s c i n d e d o n t h a t a c c o u n t .

Y o u m u s t a c k n o w l e d g e a n d a c c e p t t h a t t h e r e c a n b e n o g u a r a n t e e o fp rofits or no exception from losses while executing order s for

p u r ch a se a n d/ o r s a l e o f a c o mm o di t y d e r i v at i ve s b e in g t r ad e d o n t h e

Exchange.

It must be clearly understood b y you that your dealings o n the

E x c ha n ge t h ro u gh a m e mb e r s h al l b e s u bj e ct t o y o ur f u lf i ll i ng c e rt a in

f o rm a li t ie s s e t o u t b y t h e m e mb e r, w h ic h m a y, inter alia, i n c l ud e y o u r

f il in g t he k no w y ou r c li en t f or m, c li en t r eg is tr at io n f or m a nd a re

s ub je ct t o R ul es , B ye la ws a nd B us in es s R ul es o f t he E xc ha ng e

g u i d e l i n e s p r e s c r i b e d b y F M C f r o m t i m e t o t i m e a n d c i r c u l a r s a s m a y

b e i s s u e d b y t h e E x c h a n g e f r o m t i m e t o t i m e .T h e E x ch a ng e d o es n o t p r ov i de o r p u r po r t t o p r ov i de a n y a d vi c e a n d

sha ll not be liab le to any per son who enters into an y business

r e la ti on sh ip w it h a ny m em be r o f t he E xc ha ng e a nd / o r t hi rd p ar ty

bas ed on any information contained in th is document. Any

i nf or ma ti on c on ta in ed i n t hi s d oc um en t m us t n ot b e c on st ru ed a s

b us in es s a dv ic e/ in ve stm en t a dv ic e. N o c on si de ra tio n t o tr ad e

s ho u ld b e m ad e w it ho ut t ho ro u gh ly u nd er st an di ng a nd r ev ie wi ng

t he r is ks i nv ol ve d i n s uc h t ra di ng . I f y ou a re u ns ur e, y ou m us t s ee k

p r o fe s si o na l a d vi c e o n t h e s a m e .

I n c on si de ri ng w he th er t o t ra de , y ou s ho ul d b e a wa r e o f o r m us t g ea c q u a i n t e d w i t h t h e f o l l o w i n g : -

1 . B as ic R is ks i nv ol ve d in t he t r ad in g of C om mo di ty F ut ur esC o nt r ac t s a n d o t he r C o mm o di t y D e ri v at i ve s I n st r u me n tso n t h e E x c h a n g e .

i . R is k o f Hi gh er Vo la ti li ty

a. Volatility refers to the dynamic change s in price thac omm od ity d er iv at iv e c on tr ac ts u nd er go w he n t ra di nga c ti v it y c o nt i nu e s o n t h e C o mm o di t y E x ch a n ge . G e ne r al l yh ig h er t he v ol at il it y o f a c om mo di ty d er i va ti ve s c on tr ac tg re at er i s i ts p r ic e s wi ng s. T he re m ay b e n or ma ll y g re at ev ol at il it y i n t hi nl y t ra de d c om mo di ty d er iv at iv es c on tr ac tst ha n i n a c ti ve ly t ra de d c om mo d it ie s/ c on tr ac ts . A s a r e su lo f v o la t il i ty, y o ur o r d e r m ay o n ly b e p a r ti a ll y e x e cu t ed o r n oexecuted at all, or the pr ic e at whic h your o rder goe x ec u te d m a y b e s u bs t an t ia l ly d i ff e re n t f r om t h e l a st t r ad e dp ri ce o r c ha ng e s ub st an ti al ly t he re a ft er, r e su lt in g i n r ea

losses.i i. R is k o f L o we r L i qu id it y

a . L iq ui di ty r ef er s t o th e a bil ity o f m ar ke t p ar ti cip an ts t o b uya n d/ o r s e ll c o mm o di t y d e r i v at i ve c o nt r ac t e x pe d it i ou s ly a t acompetitive price and with minimal price differenceG en er al ly, i t i s a ss um ed t ha t m or e t he n um be r o f o rd er sa va il ab le i n a m ar ke t, g re at er i s t he l iq ui di ty. L iq ui di ty i si mp or ta nt b ec au se w it h g re at er li qu id it y, i t i s e as ie r foinves tors to buy and/ or s ell commodity der ivativesc on tr a ct s s wi ft ly a nd w it h m in im al p r ic e d if fe re nc e a nd a s ar esult, in vestor s are mor e likely to p ay or receive a

c omp et iti ve p ri ce f or c omm od ity d er iv at iv e c on tr ac tsp u rc ha se d o r s ol d. T he re m ay b e a r is k o f l ow er l iq ui di ty i ns ome c ommodity derivative c ontr acts as compared toa ct iv e c om mo di ty d er iv at iv e c on tr ac ts . A s a r es ul t, y ouo r de r m ay o n ly b e p ar ti al ly e xe cu te d, o r ma y b e e xe cu te dwith relatively greater price difference or may not bee x e c u t e a t a l l .

b . B uy in g/ S el li ng w ith ou t i nte nt io n o f g iv in g a nd / o r t ak in gd e li v er y o f c e r ta i n c o mm o di t ie s m a y a l so r e s ul t i n to l o ss e sb e c au s e i n s u ch a s i tu a ti o n, c o mm o di t y d e r i v at i ve c o nt r ac t sm ay h av e t o b e s qu ar e d- of f a t a l ow / h ig h p ri ce s, c om pa r ed

t o t he e xp ec te d p r i ce l ev el s, s o a s n ot t o h a v e a n y o bl ig at io nt o d e l i v e r / r e c e i v e s u c h c o m m o d i t i e s .

i ii . R is k o f W id er S pr ea ds

a. Spr ead refers to the differenc e in best buy pr ice and bess el l p ri ce . I t r e pr es en ts t he d if fe r en ti al b et we en t he p ri ce ob u y in g a c o mm o di t y d e r iv a ti v e a n d i m me d ia t el y s e ll i ng i t ov i ce v e rs a . L o we r l i qu i di t y a n d h i gh e r v ol a ti l it y m a y r e s ul t i nwider than normal spreads for less liquid or illiquidc o mm o di t ie s / c o mm o di t y d e r iv a ti v es c o nt r ac t s. T h is i n t u rnwill hamper better price formation.

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i v. R i sk - r ed u ci n g or d er s

a . M os t o f t he E xc ha ng es h av e a f ac il it y f or i nv es to rs t o p la ce l im i t o r d er s , s to p l o ss o r d er s e t c. P l ac i ng o f s u ch o r de r s( e . g . s t o p l o s s o r d e r s o r l i m it o r d e r s ) w h i c h a r e i n t e nd e dt o l i mi t l o ss e s t o c e r ta i n a m ou n ts m a y n o t b e e f fe c ti v e m a nya t im e b ec au se r ap id m ov em en t i n m ar ke t c on di ti on s m aym a k e i t i m p o s s i b l e t o e x e c u t e s u c h o r d e r s .

b. A market o rder w ill be executed promptly, sub ject toa va ila bi li ty o f o rd er s o n o pp os it e s id e, w it ho ut r eg ar d top ri ce a nd th at w hil e t he c us to me r m a y r ec ei ve a p ro mp te xe cu ti on o f a ma rk et o rd er, t he e xe cu ti on m ay b e a ta va il ab le p ri ce s o f o ut st an di ng o rd er s, w hi ch s at is fy t heo rd er q ua nt it y, o n p r ic e t im e p ri or it y. I t m ay b e u nd er s to odt ha t t he se p r ic es m ay b e s ig ni fi ca nt ly d if fe re nt f ro m t he l as tt ra de d p ri ce o r t he b es t p r ic e i n t ha t c om mo di ty d er iv at iv escontract.

c . A limit order will be exe cuted only at the limit prices p ec i fi e d f o r th e o r de r o r a b e tt e r pr i c e. H o we v e r, w h il e t h ec l ie n t r e c ei v ed p r ic e p r o te c ti o n, t h er e i s a p o ss i bi l it y t h at t h eo r d e r m a y n o t b e e x e c u t e d a t a l l .

d . A s t o p l o s s o r d er i s g en e ra ll y p l a ce d a w ay fr o m t h e c u r re ntp r ic e o f a c o mm od it y d er iv at iv es c on tr a ct , a nd s uc h o r de rg e ts a ct iv at ed i f a nd w he n t he c on tr ac t r e ac he s, o r t ra de sthroug h, the stop price. Se ll stop order s are enteredo r di na ri ly b el ow th e c ur re n t p ri ce , a nd b uy s to p o rd er s a r ee ntered ordinarily above the cur rent price. When thec on tr ac t a pp ro ac he s p re -d ete rmi ne d p ri ce , o r t ra de sthrough such price, the sto p loss or der c onverts to am ar ke t/ li mi t o rd er a nd i s e xe cu te d a t t he l im it o r b et te r.T he r e i s n o a ss u ra nc e t he re fo re t ha t t he l im it o rd er w il l b eex ecutable since a contr act might penetrate the p re-

d e te rm in ed p r ic e, i n w hi ch c as e, t he r is k o f s uc h o rd er n otg e tt i ng e x ec u te d a r is e s, j u st a s w i th a r e g ul a r l i mi t o r d er.

v. R is k o f N ew s A n n ou nc em en ts

a . Tr ad er s/ Ma nu fa ct ur er s m ak e n ew s a nn ou nc em en ts t ha tm a y i m pa c t t h e p r ic e o f t h e c o mm o di t ie s a n d /o r c om m od i tyd er i va ti ve s c on tr ac ts . T he se a nn ou nc em en ts m ay o cc urd ur i ng t ra di ng a nd w he n c om bi ne d w it h l ow er l iq u id it y a ndhigher vo latility may suddenly cause an unexpectedpos itive or ne gative movement in the pr ice of thec o m m o di t y / c o m m od i t y d e r i v at i v e s c o n t r ac t .

v i. R is k o f R um ou rs

a . R um ou rs a bo ut t he p ri ce o f a c om mo di ty a t t i me s f l oa t i n t hem ar ke t t hr ou gh w or d o f m ou th , n ew sp ap er, w eb si te s o rn ew s a ge nc ie s, e tc ., t he i nv es to rs s ho ul d b e w ar y o f a nds h o u l d d e s i s t f r o m a c t i n g o n r u m o u r s .

v i i. S y st e m R is k

a. High volume trad ing will frequen tly occur at the marketo pe ni ng a n d b ef or e m ar k et c lo s e. S uc h h ig h v ol um es m aya ls o o cc ur a t a ny p o in t i n t he d ay. T he se m ay c au se d el ay si n o r d e r e x e c u ti o n o r c o n f i r m at i o n .

b. Du ri ng pe ri od s of vo la ti li ty, on ac co un t of ma rk ep a rt i ci p an t s c o nt i nu o u sl y m o di f yi n g t h ei r o r de r q u a nt i ty oprices or placing fr esh orders, ther e may be delays ine x e c u ti o n o f o r d e r a n d i t s c o n f i rm a t i on .

c. Under certain mark et conditions, it may be difficult oimpos sible to liquidate a position in the market at ar ea so na bl e p ri ce o r a t a ll , w he n t he re a re n o o ut st an di ngo rd er s e it he r o n t he b uy s id e o r t he s e ll s id e , o r i f t ra di ng i shalted in a commodity due to any ac tion on acco unt ou nu su al t ra di ng a ct iv it y o r pr ic e h it ti ng c ir cu it f il te rs o r f oa n y o t h e r r e a s o n .

v i i i . S y s te m / N e t w o rk C o n g es t i o n

a . Tr ad in g o n t he E xc ha ng e i s i n e le ct ro ni c m od e, b as ed o ns a te ll i te / le a se d l i ne c o m mu n ic a ti o ns , c o mb i na ti o n ot ec hn ol og ie s a nd c om pu te r s ys te ms t o p la ce a nd r ou teo rd er s. T hu s, t he re e xi st s a p os si bi li ty o f c om mu ni ca ti onf a il u re o r s y s te m p r o bl e ms o r s l ow o r d e la y ed r e sp o ns ef r o m s y s t e m o r t r a d i n g h a l t , o r a n y s u c h o t h ep ro bl em /g li tc h w he re by n ot b ei ng a bl e t o e s ta bl is h a c ce ss

t o t he t ra di ng s ys te m/ ne tw or k, w hi ch m ay b e b ey on d t hecontrol of and may result in d elay in processing or nop r oc e ss i ng b u y o r s e ll o r de r s e i th e r i n p a rt o r i n f u ll . Yo u a r ec au tio ne d to n ot e t ha t a lt ho ug h t he se p ro ble ms m ay b et em po ra r y i n n at ur e , b ut w he n y ou h av e o ut st an di ng o pe np os iti on s o r u ne xe cu te d o rd er s, th es e r ep re se nt a r is kbecau se of your ob lig ation s to settl e all execu tedtransactions.

2 . A s f ar a s F ut ur es C om mo di ty D er iv at iv es a re c on ce rn edp l e a se n o t e a n d g e t y o u r s el f a c q u a in t e d w i t h t h e f o l l ow i n ga d d i t i o n a l f e a t u r e s : -

E f f e c t o f L e v er a g e o r G e a r in g :

a. The amo unt of margin is small r ela tive to the value of thec om mo di ty d er iv at iv es c on tr ac t s o t he t ra ns ac ti on s a re le ve r ag ed o r g ea r ed . C om mo d it y D er iv at iv es t ra di ngwhich is conducted with a relatively small amount of marginp r ov i de s t h e p o ss i bi l it y o f g r e at p r of i t o r l o ss i n c o mp a ri s onwith the principal investment amount. But transactions incommodity de rivatives car ry a high degree of risk. Yous ho ul d t he re fo re c om pl ete ly u nd er st an d t he f ol lo wi ngs t a t em e n t s b e f o r e a c t u a l l y t r a d i ng i n c o m m o di t y d e r i v a ti v e s

contr acts and also tr ade with caution while taking in toa c c o u nt o n e s c i r c u ms t a n c es , f i n a nc i a l r e s o u r ce s , e t c .

b . Tr ad in g i n F ut ur es C om mo di ty D er iv at iv es i nv ol ve s d ai lys e tt l em e nt o f a l l p o si t io n s. E v er y d a y t h e o p e n p o s i t io n s a r em ar k ed t o m ar k et b as ed o n t he c lo si ng p ri ce . I f t he c lo si ngp r ic e h a s m o ve d a g ai n st y o u , y o u w i ll b e r e qu i re d t o d e po s it he a m ou n t o f l o ss (n o ti on a l) re s ul ti n g f r om su c hmovement. This margin will have to be paid within as t ip u la t ed t i me f r am e , g e ne r a ll y b e fo r e c o mm e nc e me n t ot r a d i n g o n t h e n e x t d a y .

MANDATORY


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c . I f y o u f ai l t o d ep os it t he a dd it io na l m a rg in b y t he d ea dl in e o r

i f a n o ut st an d in g d eb t o c cu rs i n y ou r a cc ou nt , t he M em be r

o f t he E xc ha ng e m ay l iq ui da te s qu ar e- up a p ar t o f o r t he

whole position. In this case, you will be liable for any losses

i n c u r r e d d u e t o s u c h s q u a r e - u p / C l o s e O u t s .

d . U nd er c er ta in m ar ke t c on di ti on s, a n In ve sto r m ay fi nd it

d iff ic ul t o r i mp os si bl e to e xe cu te th e tr an sa ct io ns . F or

e xa mp le , t hi s s it ua ti on c an o cc ur d ue t o f ac to rs s uc h a s

i ll iq ui di ty i .e . w he n t he re a re i ns uff ic ie nt b id s o r of fe rs o rs us pe n si on o f t ra di ng d ue t o p r ic e l im it o r c ir cu it b re ak e rs

etc.

e . S te ps , s uc h a s, c ha ng es i n t he m ar gi n r at e, i nc re as e i n t he

c as h m ar gi n r a te e tc . m ay b e a do pt ed i n o rd er t o m ai nt ai n

m a rk e t s t a b i li t y. T h es e n e w m e as u re s m a y b e a p pl i ed t o t h e

existin g op en interests. In such conditions, you will be

re quir ed to p ut up add itional marg ins o r reduce y our

positions.

f . Yo u m us t a sk y ou r M em be r o f t he E xc ha ng e t o p ro vi de t he

f ul l d et ai ls o f t he c om mo di ty d er iv at iv es c on tr a ct s y ou p la n

t o t ra de i .e . t he c on tr ac t s pe ci fi ca ti on s a nd t he a ss oc ia te dobligations.

3 . T RA DI NG T HR OU GH W IR EL ES S T EC HN OL OG Y O R A NYOTHER TECHNOLOGY:

A n y a d d i t i o n a l p r o v i s i o n s d e f i n i n g t h e f e a t u r e s , r i s k s ,

r es po ns ib il it ie s, o bl ig at io ns a nd l ia bi li ti es a ss oc ia te d w it h

c o mm o di t ie s t r ad i ng t h ro u gh w i re l es s t e ch n ol o gy o r a n y o t he r

t ec hn ol og y s ho ul d b e b ro ug ht t o t he n ot ic e o f t he c li en t b y t he

member.

4. GENERAL

i . D ep os it ed ca s h a nd pr op er t y:

You should familiar ize yourself with the protectionsa cc or de d t o th e m on ey o r o th er p ro pe rt y y ou d ep os ipartic ular ly in the eve nt of a firm become insolvent ob a nk r up t . T h e e x te n t t o w h ic h y o u m a y r e co v e r y o ur m o ne yo r p r o pe r ty m a y b e g o ve r n ed b y s p e ci f ic l e gi s la t io n o r l o carules. In some jurisdiction s, proper ty, which has been

s p ec i fi c al l y i d en t if i ab l e a s y o ur o w n, w i ll b e p r o- r a te d i n t h es am e m an ne r a s c as h f or p ur po se s o f d is tr ib ut io n i n t he

e ve nt o f a s ho r tf al l. I n c as e o f a ny d is pu te w it h t he M em beo f t he E xc ha ng e, t he s am e s ha ll b e s u bj ec t t o a rb it ra ti on a sper t he Rules, Bye-laws and Bu siness Rules of theExchange.

i i . C o mm i ss i on a n d o t he r c h ar g es :

Befor e you begin to trade, you should obtain a cleae x pl a na t io n o f a l l c o mm i ss i on s , f e es a n d o t he r c h ar g e s f owhich you will be liable. These charges will affect your nep r o f it ( i f a n y ) or i n c r ea s e y o u r l os s .

ii i. F or r ig ht s a nd o bl ig at io ns o f t he M emb er s/A uth or is edP e r s o n s / c l i e n t s , p l e a s e r e f e r t o A n n e x u r e 3

iv. T he te rm Co ns ti tu en t' s ha ll m ea n a nd in cl ud e a C li en t, aC u st o me r o r a n I n ve s to r, w h o d e al s w i th a m e mb e r f o r t h ep u rp o se o f t r ad i ng i n t h e c o mm o di t y d e r iv a ti v es t h ro u gh t h em e c h an i s m p r o v i de d b y t h e E x c h a ng e .

v. Th e term member ' shall mean and inc lude a Trad ingM em be r o r a M em be r/ Br ok er, w ho h as b e en a dm it te d a ss u c h b y t h e E x c h a n g e a n d g o t a U n i q u e M e m b e r C o d e f r o mFMC.

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2


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a s p r e s c ri b e d b y F M C a n d C o m m od i t y E x c h a ng e s

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R I G H T S A N D O B L I G A T I O N S O F M E M B E R S , A U T H O R I Z E D P E R S O N A N D C L I E N T S

1 . T h e cl i en t s ha l l in v es t /t r ad e i n th o se c o mm o di t ie s/contracts/other instruments admitted to dealings on theE xc ha ng es a s d ef in ed i n th e R ul es , B ye la ws a nd B us in es sR u l e s / R e g u l a t i o n s o f E x c h a n g e s / F o r w a r d M a r k e t sC o mm i ss i on ( F MC ) a n d c i rc u la r s/ n ot i ce s i s su e d t h er e u n d erf r o m t i m e t o t i m e .

2 . T he Me mb er, A ut ho ri ze d P er so n a nd t he c lie nt s ha ll b e b ou ndb y a ll t he R ul es , B ye la ws a nd B us in es s R ul es o f t he E xc ha ng eand cir culars/notices issued th ere under and Rules andR e gu l at i on s o f F M C a n d r e le v an t n o ti f ic a ti o ns o f G o ve r nm e nta u t h o r i t i e s a s m a y b e i n f o r c e f r o m t i m e t o t i m e .

3 . T he c li en t s ha ll s at is fy h im se lf o f t he c ap ac it y o f t he M em be r t od ea l i n c o mm od it ie s a nd /o r d ea l i n d er iv at iv es c on tr ac ts a ndwishes to execute its orders through the Member and the clientshall fr om time to time continue to s atisfy its elf o f suchc ap ab il it y o f t he M em be r b ef or e e x ec ut in g o rd er s t hr ou gh t heMember.

4. Th e Member shall con tinuously satisfy itself about the

genuineness an d finan cial soundness of the client andi n ve s tm e nt o b je c ti v es r e le v an t t o t h e s e r v i ce s t o b e p r o vi d ed .5. Th e Member shall take steps to make the client awar e of the

p re ci se n atu re o f t he Me mb er s l ia bi li ty fo r b us in es s t o b econducte d, including any limitations, the liability and thec a pa c it y i n w h ic h t h e M e m b e r a c ts .

6. The Author ized Person shall provide necess ary assistancea nd c o- op er ate w it h t he M emb er i n a ll i ts d ea li ng s w it h t heclient(s).

CLIENT INFORMATION7 . Th e c l ie nt s ha ll fu rn is h a l l s u ch d eta il s i n f ul l a s a re r eq uir ed b y

th e Me mb er i n Ac co un t O pe ni ng F or m w ith s up po rt in g

d e ta i ls , m a de m a nd a to r y b y c o mm o di t y e x ch a ng e s/ F MC f ro mt i m e t o t i m e .8. The clie nt shall familiarize himself with all the mandator y

p r ov i si o ns i n t h e A c co u nt O p en i ng d o c um e nt s . A n y a d di t io n alc la us e s o r d oc u me nt s s pe ci fi ed b y t he M em be r s ha ll b e n on -m a n d a t o r y , a s p e r t e r m s & c o n d i t i o n s a c c e p t e d b y t h e c l i e n t .

9 . T he c li en t s h a ll i mm ed ia te ly n ot if y t h e M em be r i n w r i ti ng i f t h e rei s a ny c ha ng e i n t he i nf or ma ti on i n t he ac co u nt o pe ni ng f or ma s p ro vi de d a t t he t im e o f a cc ou nt o pe nin g a nd th er ea ft er ;i nc lu di ng t he i nf or ma ti on o n w in di ng u p p et it io n/ in so lv en cyp e ti t io n o r a n y l i ti g at i on w h ic h m a y h a v e m a te r ia l b e ar i ng o n h i sc ap ac ity. T he c li en t s ha ll p ro vi de /u pd at e t he f in an ci ali n fo r ma t io n t o t h e M e m b er o n a p e ri o di c b a si s .

10. The Membe r and Author ized Per son shall maintain all thed et ai ls o f t he c li en t a s m en ti on e d i n t he a cc ou nt o p en in g f or mo r an y o t he r in f or m at i on p e rt a in i ng t o t h e c l ie n t, c o nf i de n ti a ll ya n d t h a t t h e y s h a l l n o t d i s c l o s e t h e s a m e t o a n yp e r so n /a u th o ri t y e x ce p t a s r e q ui r ed u n de r a n y l a w/ r eg u la t or yr eq ui re me nt s. P ro vi de d h ow ev er t ha t t he M em be r m ay s od i sc l os e i n fo r ma t io n a b ou t h i s c l ie n t t o a n y p e r so n o r a u th o ri t ywith the express permission of the client.

MARGINS11 . T he c li en t s ha ll p ay a pp lic ab le in it ia l ma rg in s, w it hh ol din g

margins, special margins or suc h other margins as are

c on si de re d n ec es sa ry b y t he M em be r o r t h e E x ch an ge o r a sm ay b e d ir ec te d b y F MC f ro m t im e t o t im e a s a pp li ca bl e t o t hes e gm e nt ( s) i n w h ic h t h e c l ie n t t r ad e s. T h e M e mb e r i s p e r mi t te di n i ts s ol e a nd a b so lu te d is cr e ti on t o c ol le c t a dd it io na l m ar gi ns(ev en though not required by th e Exc hange, ClearingH ou se /C le ar in g C or po ra ti on o r F MC ) a nd t he c li en t s h al l b e

o b l i g e d t o p a y s u c h m a r g i n s w i t h i n t h e s t i p u l a t e d t i m e .1 2. T he c li en t u nd er sta nd s t ha t p ay me nt o f m ar gi ns b y t he c lie n

d o es n o t n e ce s sa r il y i m pl y c o mp l et e s a ti s fa c ti o n o f a l l d u es . I ns p it e o f c o ns i st e nt l y h a vi n g p a id m a rg i ns , t h e c l ie n t m a y, o n t h es et tl em en t o f i ts t ra de , b e o bl ig ed t o p ay ( o r e nt it le d t o r e ce iv es u c h f u r t h er s u m s a s t h e c o n t r a ct m a y d i c t a te / r e q ui r e .

TRANSACTIONS AND SETTLEMENTS1 3. T he c li en t s ha ll g iv e a ny o rd er f or b uy o r s el l o f c om mo di ti es

d er iv at iv es c on tr ac t i n w ri ti ng o r in s uc h f or m o r ma nn er, a sm ay b e m ut ua ll y a gr ee d b et we en t he c li en t a nd t he M em beh ow ev er e n s ur in g t he r e gu la to ry r eq ui re me nt s i n t hi s r e ga rda re c om pl ie d w it h. T he M em be r s ha ll e ns ur e t o p la ce o rd er s

a nd e xe cu te t he t ra de s o f t he c li en t, o nl y i n t he U ni qu e C li enC o de a s si g ne d t o t h at c l ie n t.14. The Memb er shall infor m the client and k eep him apprised

a b o u t t r a d i ng / s e tt l e m en t c y c l e s , d e l i ve r y / p ay m e n t s c h e d u le sany cha nges th erein fr om time to time, and it shall be therespo nsibility in turn of the client to comply with suchs ch ed ul es /p ro ce du r es o f t he r el ev an t c om mo di ty e xc ha ng ewhere the trade is executed.

15. The Member s hall ensure that the money deposited by thec li en t s ha ll b e k ep t i n a s ep ar at e a cc ou nt , d is ti nc t f ro m h is /i tso wn a cc ou nt o r ac co un t o f a ny o th er c lie nt a nd s ha ll n ot b eu s ed b y t h e M e mb e r fo r h im s el f /i t se l f o r f or a n y o t he r c li e nt of or a n y p ur p os e o th er t h an t he p ur po se s m en ti on ed i n R ul esc i rc u la r s, n o ti c es , g u id e li n es o f F M C a n d /o r R u le s , B u si n es sR u le s , B y e - l aw s , c i r c u la r s a n d n o ti c es o f E x ch a ng e .

1 6. W he re t he E xc ha ng e( s) c an ce ls t ra de (s ) s uo m ot o a ll s uc ht ra de s i nc lu di ng t he t ra de /s d on e o n b eh al f o f t he c li en t s hai ps o f ac to s ta nd c an ce ll ed , M em be r s h al l b e e nt it le d t o c an cet h e r e s p e ct i v e c o n t r ac t ( s ) w i t h c l i e nt ( s ) .

17. The transactio ns executed on the Exchan ge are su bject toR ul es , B ye la ws a nd B us in es s R ul es a nd c ir cu la rs /n ot ic esissued there under o f the Exchanges where the trad e ise xe cu te d a nd a ll p ar ti es t o s uc h t ra de s ha ll h av e s ub mi tt ed t othe jurisdiction of such court as may be sp ecified by theB y e l a w s a n d B u s i n e s s R u l e s o f t h e E x c h a n g e s w h e r e t h e t r a d e

i s e xe cu te d f or th e p ur p os e o f g iv in g e ff ec t t o t he p ro vi si on s ot he R ul es , B ye la ws a nd B us in es s R ul es o f t he E xc ha ng es a ndt h e c i r c u la r s / n ot i c e s i s s u e d t h e r e u n d e r.

BROKERAGE1 8. T he C li en t s ha ll p ay to t he Me mb er b ro ke ra ge a nd s ta tu to ry

l ev ie s a s a re p re va il in g f ro m t im e t o t im e a nd a s t he y a pp ly t oth e C li en ts a cc ou nt, t ra ns ac ti on s a nd t o t he s er vi ce s th aM em be r r en de r s t o t he C li en t. T he M em be r s ha ll n ot c ha r geb ro ke r ag e m or e t ha n t he m ax im um b ro ke ra g e p er mi ss ib le a sp er t he R ul es , B us in es s R ul es a nd B ye -l aw s o f t he r el ev anc o m m od i t y e x c h a ng e s a n d / o r R u l e s o f F M C .

ANNEXURE-3MANDATORY


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LIQUIDATION AND CLOSE OUT OF POSITION

1 9. W it ho ut p re ju di ce t o t he M em be r s o th er r ig ht s ( in cl ud in g t he

r i gh t t o r e fe r a m a tt e r t o a r bi t ra t io n ) , t h e c l ie n t u n d er s ta n ds t h at

t he M em be r s h al l b e e nt it le d t o l iq ui da te /c lo se o ut a ll o r a n y o f

t he c li en t s p os it io ns f or n on -p ay me nt o f m ar gi ns o r o th er

a mo un ts , o ut st an di ng d eb ts , e tc . a nd a dj us t t he p ro ce ed s o f

s uc h l iq uid at io n/ cl os e o ut, if an y, a ga in st t he c li en ts

l i ab i li t ie s /o b li g at i on s . A n y a n d a l l l o ss e s a n d f i na n c ia l c h ar g es

o n a cc ou nt o f s u ch l iq ui da ti on /c lo s in g- o ut s ha ll b e c ha rg ed t o

a n d b o r n e b y t h e c l i e n t .

20. In the event of death or insolvency of the client or his/its

o th er wi se b ec om in g i nc ap ab le o f r e ce iv in g a nd p ay in g f or o r

d el iv er in g o r t ra ns fe rr in g c om mo di ti es w hi ch t he c li en t h as

order ed to be bought or so ld, Member may c lose out the

t ra ns ac ti on o f t he c li en t a nd c la im l os se s, i f a ny, a ga in st t he

e st at e o f t he c li en t. T he c li en t o r h is n om in ee s, s uc ce ss or s,

h ei rs a nd a ss ig ne e s ha ll b e e nt it le d t o a ny s ur pl us w hi ch m ay

result ther e fr om. The client shall note that tr ansfer of

funds/commodities in favor of a Nominee shall be valid

d i sc h ar g e b y t h e M e m b er a g a in s t t h e l e ga l h e ir.DISPUTE RESOLUTION

2 1. T he M em be r s ha ll c o- op er at e i n r ed re ss in g g ri ev an ce s o f t he

c l i e n t i n r e s p e c t o f a l l t r a n s a c t i o n s r o u t e d t h r o u g h i t .

22. The client and the Member shall r efer any claims and/or

dispute s with res pect to deposits, margin money, etc., to

a r b i t r a t i o n a s p e r t h e R u l e s , B y e l a w s a n d B u s i n e s s R u l e s o f t h e

E xc ha ng es w he re t he t ra de i s e xe cu te d a nd c ir c ul ar s/ no ti ce s

i s s u e d t h e r e u n d e r a s m a y b e i n f o r c e f r o m t i m e t o t i m e .

2 3 . T h e c l ie n t/ M em b er u n de r st a nd s t h at t h e i n st r uc t io n s i s su e d b y

a n a ut ho ri ze d r e pr es en ta ti ve f or d i s pu te r es ol ut io n, i f a ny, o ft he c li en t/ Me mb er s ha ll b e b in di ng o n t he c li en t/ Me mb e r i n

a c co r da n c e w i th t h e l e tt e r a u th o r iz i ng t h e s a id r e p re s en t at i ve

t o d e a l o n b e h a l f o f t h e s a i d c l i e n t / M e m b e r .

TERMINATION OF RELATIONSHIP

2 4. T hi s r el at io ns hi p b et we en t he M em be r an d t he c li en t s ha ll b e

ter minated; if the Member for any reason ceases to be a

m em be r o f t he c om mo di ty e xc ha ng e i nc lu di ng c es sa ti on o f

me mbers hip by reason of the Member s default, death ,

r e si g na t io n o r e x pu l si o n o r i f t h e c e r ti f ic a te i s c a nc e ll e d b y t h e

Exchange.

2 5. T he M em be r, A u th or iz ed P er so n a nd t he c li en t s ha ll b e e nt it le d

t o t er mi na te t he r el at io ns hi p b et we en t he m w it ho ut g iv in g a ny

r ea so ns t o t he o th er p ar ty, a ft er g iv in g n ot ic e i n w r it in g o f n ot

l es s t ha n o ne m on th t o t he o th er p ar ti es . N ot wi th st an di ng a ny

s uc h t er mi na ti on , a ll r ig ht s, l ia bi li ti es a nd o bl ig at io ns o f t he

p ar ti es a ri si ng o ut o f o r in r es p ec t o f t ra ns ac ti on s e nt er ed i nt o

p ri or t o t he t er mi na ti on o f t hi s r el at io ns hi p s ha ll c on ti nu e t o

subsist and ves t in/be binding o n the respe ctive pa rties or

h is /i ts r es pe ct iv e h ei rs , e xe cu to rs , a dm in is tr at or s, l eg al

r e pr e s en t at i ve s o r s u c ce s so r s, a s t h e c a s e m a y b e .

2 6. I n t he e ve nt o f d em is e/ in so lv en cy o f t he A ut ho ri ze d P er so n ot he c an ce ll at io n o f h is /i ts r eg is tr at io n w it h t he B oa rdo r/ wi th dr aw al o f r ec og ni ti on o f t he A ut ho ri ze d P er so n b y t hec o m m o di t y e x c h a ng e a n d / or t e r m i na t i o n o f t h e a g r e e me n t w i t hthe Authorized Person by the Member, for a ny reasonwhatsoever, the client shall be informed of such terminationa nd the client shall be dee med to be the d ir ect c lient of theMember a nd all clauses in the Rights and Obligationsd o cu me nt (s ) g ov er n in g t he M em be r, A ut ho r iz ed P er s on a nd

c lient shall continue to be in force as it is, unless th e clieni nt im at es t o t he M em be r h is /i ts i nt en ti on t o t er mi na te t he ir el ati on sh ip b y g iv in g a n ot ic e in w rit in g o f n ot l es s th an o nemonth.

ADDITIONALRIGHTS AND OBLIGATIONS

2 7 . T h e M e mb e r a n d c l ie n t s h al l r e co n ci l e a n d s e tt l e t h ei r a c c ou n tsf ro m t im e t o t im e a s p er t he R ul es , B us in es s R ul es , B ye L aw sC ir cu la rs , N ot ic es a nd G uid el in es i ss ue d b y F MC an d th er e le v a nt E x c ha n ge s w h er e t h e t r a d e i s e x e cu t ed .

2 8. T he M em be r s ha ll i ss ue a c on tr ac t n ot e t o h is c li en ts f or t ra de se x e c u t e d i n s u c h f o r m a t a s m a y b e p r e s c r i b e d b y t h e E x c h a n g e

from time to time containing records of all tr ansactionsi nc lu di ng d et ai ls o f o rd er n um be r, t ra de n um be r, t ra de t im et ra de p r ic e, t ra de q ua nt it y, d et ai ls o f t he d er i va ti ve s c on tr ac tc l ie n t c o de , b r ok e r ag e , a l l c h ar g es l e vi e d e t c. a n d w i th a l l o t her e le v an t d et ai ls a s r eq ui re d t he re in t o b e f il le d i n a nd i ss ue d i nsuch man ner and within such time as pr escribed by theExch ange. The Member shall se nd contract notes to thei nv es to rs w it hi n 2 4 h ou rs o f t he e xe cu ti on o f t he t ra de s i n h ar dc o p y a n d / or i n e l e c tr o n i c f o r m u s i n g d i g i t al s i g n a tu r e .

29. The Member shall make pay out of funds within 48 hour s od e li v er y o f c o mm o di t ie s a s p e r t h e E x c h a ng e R u le s , B y e - L aw s

B us in es s R ul es a nd C ir cu la rs , a s t he c as e m ay b e, t o t h e C li eno n r ec e ip t o f t he p ay o ut f ro m t he r el ev an t E xc ha n ge w he r e t het ra de i s e xe cu te d u nl es s o th er wi se s pe ci fi ed b y t he c li en t a nds ub je ct t o s uc h t er ms a nd c on di ti on s a s m ay b e p re sc ri be d b ythe relevant Exchange fr om time to time where the trade isexecuted.

3 0. T he M em be r s ha ll s en d a c om pl et e St at em en t o f A cc ou nt s f ob ot h f un ds a nd c om mo di ti es i n r es pe ct o f e ac h o f i ts c li en ts i nsuch periodicity and format within such time, as may bep re s cr ib ed b y t he r e le va nt E xc ha n ge , f ro m t im e t o t im e, w he ret he t ra de i s e xe cu te d. T he S ta te me nt s ha ll a ls o s ta te t ha t t he

c li en t s ha ll r e po rt e r ro rs , i f a ny, i n t he S ta te me n t i mm ed ia te lyb ut n ot l at er t ha n 3 0 c al en da r d ay s o f r ec ei pt t he re of , t o t heM em be r. A d et ai le d s ta te me nt o f a cc ou nt s m us t b e s en t e ve rym on th t o a ll t he c li en ts i n p hy si ca l f or m. T he p ro o f o f d el iv e ry ot h e s a m e s h o u l d b e p r e s e r v e d b y t h e M e m b e r .

3 1. T he M em be r s ha ll s en d d ai ly m ar gi n s ta te me n ts t o t he c li en tsD ai ly M ar gi n s ta te me nt s ho ul d i nc lu de , i nt er -a li a, d et ai ls oc ol la te ra l d ep os it ed , c ol la te ra l u ti li ze d a nd c ol la te ra l s ta tu s( av ai la bl e b al an ce /d ue f ro m c li en t) w it h b re ak u p i n t er ms ocash, Fixed De posit Rec eipts ( FDRs), Bank Guar anteewarehouse receipts, securities etc.

MANDATORY


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3 2. T he C li en t s h a ll e ns ur e t ha t i t h a s t he r eq ui re d l eg al c ap ac it y t o ,a nd i s a ut ho r iz e d t o, e nt er i nt o t he r el at io ns hi p w it h M em be ra nd i s c ap ab le o f p er fo r mi ng h is o bl ig at io ns a nd u nd er ta ki ng shereunder. All actions r equired to be taken to e nsurec om pl ia nc e o f a ll t he t ra ns ac ti on s, w hi ch t he C li en t m ay e nt eri nt o s ha ll b e c om pl et ed b y t he C li en t p ri or t o s uc h t ra ns ac ti onb e i n g e n t e r e d i n t o .

3 3. I n c a se , w he r e a m em be r s ur re nd er s h is / h e r/ i ts m em be r sh ip ,Member gives a pu blic notice inviting claims, if any, from

i nv es to r s. I n c as e o f a c la im r el at in g t o t ra ns ac ti on s e xe cu te do n t he t ra di ng s y st em o f t he E xc ha n ge , e ns ur e t ha t y ou l od g e ac la im w it h t he E xc h an ge o r i ts C le ar in g C or po ra ti on / C le ar in gH ou se w it hin th e s ti pu la te d p er io d a nd w it h t he s up po rti ngdocuments.

ELECTRONIC CONTRACT NOTES (ECN)

3 4. In c as e, c li en t o pts t o r ec ei ve t he c on tr ac t n ote i n e le ct ro ni cf or m, h e s ha ll p ro v id e a n a pp r op ri at e e -m ai l i d ( cr e at ed b y t hec l ie n t) t o t h e M e mb e r ( K in d ly r e fe r Ap p e nd i x A o f A n ne x ur e 1 ) .M em be r sh al l e ns ur e t ha t a ll t he r ul es / B us in es s R ul e/ By e-Laws/ cir culars issued fro m time to time in this r egard are

c om pl ie d w it h. T he c li en t s ha ll c om mu ni ca te t o t he M em be ra ny c ha ng e i n t he e ma il - id t hr o ug h a p hy si ca l l et te r. I f t he c li en th a s o p t e d f o r i n t e r n e t t r a d i n g , t h e r e q u e s t f o r c h a n g e o f e m a i l i dmay be made through the secured access by way of clients p e c i f i c u s e r i d a n d p a s s w o r d .

3 5. T he M em be r s ha ll e ns ur e t ha t a ll E CN s s en t t hr o ug h t he e - ma ils ha ll b e d ig it al ly s ig ne d, e nc ry pt ed , n on -t am pe r a bl e a nd i nc omp li an ce w it h t he p ro vi si on s o f t he I T A ct, 2 00 0. I n c as e,E CN i s s en t t hr ou g h e -m ai l a s a n a tt ac hm en t, t he a tt ac he d f il es ha ll a ls o b e s ec ur ed w it h t he d ig it al s ig na tu re , e nc ry pt ed a ndnon-tamperable.

36. The clie nt shall note that non- receipt of bounced mail

n oti fic at io n b y t he M emb er s ha ll a mo un t t o d eli ve ry o f t hec o n t r a c t n o t e a t t h e e - m a i l I D o f t h e c l i e n t .

3 7. T he M em be r s ha ll r e ta in E CN a nd a ck no wl ed ge me nt o f t he e -m a i l i n a s o f t a n d n o n t a m p e r a b l e f o r m i n t h e m a n n e r p r e s c r i b e db y t h e e x c h a n g e i n c o m p l i a n c e w i t h t h e p r o v i s i o n s o f t h e I T A c t ,2 0 00 a n d a s p e r t h e e x ta n t r u le s /c i rc u la r s /g u id e li n es i s su e d b yF MC /C om mo di ty e xc ha ng es f ro m t im e t o t im e. T he p ro of o fd el iv er y i .e ., l og r ep or t g en er at ed b y t he s ys te m a t t he t im e o fs en di ng t he c on tr a ct n ot es s ha ll b e m ai nt ai ne d b y t he M em be rf or t he s pe ci fi ed p er io d u nd er t he e xt an t r ul es /c ir cu la rs / g ui de li ne s i ss ue d b y F MC /C om mo di ty e xc ha ng es . T he l og

r e p or t s h a ll p r ov i de t h e d e ta i ls o f t h e c o n tr a c t n o t e s t h at a r e n o td e li ve re d t o t he c li en t/ e- ma il s r ej ec te d o r b o un c ed b ac k. T heMember s hall take all possible steps to ensure receipt ofn otification of bou nced mails by him at all times within thes tipulated time period under the extant rules/circulars/ g u i d e li n e s i s s u e d b y F M C / Co m m o di t y e x c h a ng e s .

38. The Member shall continue to send contr act notes in theph ysic al mode to suc h clients who do not opt to r eceive thec o n tr a c t n o te s i n t h e e l ec t ro n ic f o rm . W h er e v er t h e E C Ns h a v en o t b e en d e li v er e d t o t h e c l ie n t o r h a s b e en r e je c te d ( b o un c in go f m ai ls ) b y t he e ma il I D o f t he c li en t, t he M em be r s ha ll s en d a

p hy si ca l c on tr ac t n ot e t o t he c li en t w it hi n t he s ti pu la te d t im eu nd er t he e xt an t R eg ul at io ns / R ul es , B ye -L aw s, B us in es sRules and Circ ular s of FMC/commodity exchanges andm ai nt ai n t he p ro of o f d is pa tc h a nd d el iv er y o f s uc h p hy si cac o n t r ac t n o t e s .

39. In add ition to the e-mail communication of the ECNs to thec l ie n t, t h e M e mb e r s h a l l s i mu l ta n e ou s ly p u bl i sh t h e E C N o n h i sdesignated website, if any, in a secured way and enabler el ev an t a cc es s t o t he c li en ts a nd f or t h is p u rp os e, s h al l a ll ot au ni qu e u se r n a me a nd p as sw or d t o t he c li en t, w it h a n o pt io n t ot he c li en t t o s av e t he c on tr ac t n ot e e le ct ro ni ca ll y a nd /o r t ak e ap r i n t o u t o f t h e s a m e .

4 0. T he E le ct ro ni c C on tr ac t N ot e ( E CN ) d ec la ra ti on f or m o b ta in edfrom the Client who opts to rece ive the c ontrac t note ine le ct ro ni c fo rm mu st b e o bta in ed a fr es h b efo re 1 st A pr il oe ve r y f in a nc ia l y ea r b y f ol lo wi ng t he s am e p r oc ed ur e. T hu ss u c h d e c l a r at i o n w o u l d b e v a l i d f o r t h a t f i n a nc i a l y e a r o n l y.

LAW AND JURISDICTION4 1. I n a dd it io n to t he s pe ci fi c r ig ht s s et o ut in t hi s d oc ume nt , t he

M em be r, A ut ho r is ed P er so n a nd t he c li en t s ha ll b e e nt it le d t oe xe r ci se a ny o th er r i gh ts w hi ch t he M em be r o r t he c li en t m ayh av e u nd er th e R ul es , B ye -l aw s a nd B us in es s R ul es o f t heExchanges in which the client chooses to trade andc i r c u la r s / n ot i c e s i s s u e d t h e r e u n d e r o r R u l e s o f F M C .

42. The pr ovisio ns of this document shall always be subject toG o v e r n m e n t n o t i f i c a t i o n s , a n y r u l e s , g u i d e l i n e s a n dcirculars /notices issued by FMC an d Cir cular s, RulesBusiness Rules a nd Bye laws of the relevant commod itye xc ha ng es , w he re t he t ra de i s e xe cu te d, t ha t m ay b e i n f or cef r o m t i m e t o t i m e .

4 3. T he M em be r a nd t he c li en t s h al l a b id e b y a ny a wa rd p as se d b yt he A r bi tr at or (s ) un de r th e A rb it ra ti on a nd C on ci li at io n A ct1 99 6. H ow ev er, th er e is a ls o a p ro vi si on o f a pp ea l, i f e ith ep a r t y i s n o t s a t i s f i e d w i t h t h e a r b i t r a t i o n a w a r d .

4 4. Wo rd s a nd e xp re ss io ns w hi ch a re u se d in t his d oc um en t b uwhich are not defined herein shall, unless the contexoth erwise requires, have the same me aning as assignedt h er e to i n t h e R u le s , B y el a ws a n d R e gu l at i on s /B u si n es s R u le sa nd c ir cu la rs /n ot ic e s i ss ue d t he r eu nd er o f t he E xc ha ng esFMC.

4 5. A l l a d di ti o na l v o lu n ta r y/ no n ma n da t or y c l au s es / do c um e na dd ed b y th e M emb er s ho uld n ot b e i n c on tr av en ti on w it hR u le s / B u si n es s R u le s / N o ti c es / C i rc u la r s o f E x ch a ng e s / F M CA ny c ha ng es i n s uc h v ol un ta r y c la us es / d oc um en t( s) n ee d t ob e p re ce de d b y a n ot ic e o f 1 5 d ay s. A ny c ha ng es i n t he r ig ht sa n d o b li g at i on s w h ic h a r e s p ec i fi e d b y E x ch a ng e s/ F MC s h al

a l s o b e b r o u g h t t o t h e n o t i c e o f t h e c l i e n t s .4 6. I f t he r ig ht s a nd o bl ig at io ns o f t he p ar ti es h er et o a re a lt er ed b y

virtue of change in Rules of FMC o r Bye-laws, Rules andB us in es s R ul es o f t he r el ev an t c om mo di ty e xc ha ng es w he r et he t ra de i s e xe cu te d, s uc h c ha ng es s ha ll b e d ee me d t o h av eb ee n in co rp or at ed h er ei n i n mo di fi ca ti on o f th e r ig ht s a ndo b li g at i on s o f t h e p a r t ie s m e nt i on e d i n t h is d o c um e nt .

47. Members are require d to sen d account statement to theic l i e n t s e v e r y m o n t h i n p h y s i c a l f o r m .

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3


MANDATORY


23/40

1 . M emb er i s e lig ib le f or p ro vid in g I nt er ne t b as ed t ra di ng ( IB T)

and commodities trading through the use of wireless

technology that shall include the use of devices such as

m ob il e p ho ne , l ap to p w it h d at a c ar d, e tc . w hi ch u se I nt er ne t

P r ot o co l ( I P) . T h e M e mb e r sh a ll c o mp l y w i th a l l r e q ui r em e nt s

a pp li ca bl e t o i nt er ne t b as ed t ra d in g/ - c o mm od it ie s t ra di ngu si ng w ir el es s t ec hn o lo gy a s m ay b e s pe ci fi ed b y F MC & t he

E x c h a n g e s f r o m t i m e t o t i m e .

2 . T he c li en t i s d es ir ou s o f i nv es ti ng /t ra di ng i n c om mo di ti es a nd

fo r t hi s p ur po se , t he c li en t is d es ir ou s o f u si ng e ith er th e

i nt er n et b as ed t ra di ng f ac il it y o r t he f ac il it y f or c om mo di ti es

t r ad i ng t h ro u gh u s e o f w i re l es s t e ch n ol o gy. T h e M e mb e r s h al l

p r ov i de t h e M e mb e r s I B T S e r v i ce t o t h e C l ie n t, a n d t h e C l ie n t

s ha ll a va il o f th e M emb er s IB T S er vi ce , o n a nd s ub je ct t o

F MC /E xc ha ng es P ro vi si on s a nd t he t er ms a nd c on di ti on s

s pe ci fi ed o n t he M em be r s I BT We b S it e p ro vi de d t ha t t he ya r e i n l i n e w i t h t h e n o r m s p r e s c r i b e d b y E x c h a n g e s / F M C .

3. The Member s hall bring to the notice of client the features,

r is ks , r es po ns ib il it ie s, o bl ig at io ns a nd l ia bi li ti es a ss oc ia te d

with commodities trading through wireless technology/

i nt er ne t o r a ny o th er t ec hn ol og y s ho ul d b e b ro ug ht t o t he

n o t i c e o f t h e c l i e n t b y t h e M e m b e r .

4. The Member shall mak e the client awar e that the Membe rs

IBT sy stem itself generates the initial password and its

p a ss w or d p o li c y a s s t ip u la t ed i n l i ne w i th n o r ms p r es c r ib e d b y

Exchanges/FMC.5 . T he C li en t s h al l b e r es po ns ib le f or k ee pi ng t he U se rn am e a n d

Password confidentia l a nd secure and shall be solely

r es po ns ib le f or a ll o rd e rs e n te re d a nd t ra ns ac ti on s d on e b y

a ny p er so n w ho so ev er t hr ou gh t he M em be r s I BT S ys te m

u s in g t h e C l ie n t s U s er n a me a n d/ o r P a s sw o r d w h et h er o r n o t

s uc h p e rs on w as a ut ho ri ze d t o d o s o . A ls o t he c li en t i s a wa r e

t h at a u th e nt i ca t io n t e ch n ol o gi e s a n d s t ri c t s e cu r it y m e as u r es

a re r eq ui re d f or th e i nt er ne t t ra di ng / c om mo di ti es t ra di ng

t h r o u gh w i r e l es s t e c h n ol o g y t h r o u gh o r d e r r o u t e d s y s t em a n d

u n d e r t a k e s t o e n s u r e t h a t t h e p a s s w o r d o f t h e c l i e n t a n d / o r h i s

a ut ho r iz e d r e pr es en ta ti ve a re n ot r ev ea le d t o a ny t hi rd p ar tyi n cl u di n g e m p l o ye e s a n d d e al e rs o f t h e M e m b er.

6 . T he C lie nt s ha ll i mme di at el y n ot if y t he M emb er i n w r it in g i f h e

f o rg e ts h i s p a s sw o rd , d i sc o ve r s s e cu r i ty f l aw i n M e mb e r s I B T

S ys te m, d is co ve rs /s us pe ct s d is cr e pa nc ie s/ u na ut ho r iz ed

a cc es s t hr ou gh h is u se rn am e/ pa ss wo rd /a cc ou nt w it h f ul l

d et ai ls o f s uc h u na ut ho ri ze d u se , t he d at e, t he m an ne r a nd

t h e t r an s ac t io n s e ff e ct e d p u rs u a nt t o s u ch u n a ut h or i ze d u s e,

etc.

7. The Client is fully aware of and understands the risks

a s s oc i at e d w i t h a v ai l in g o f a s e r vi c e f o r r o ut i ng o r de r s o v er t h e

i nt er ne t/ c om mo di ti es t ra di ng t hr ou gh w ir el es s t ec hn ol og y

a nd C

pace commodity form 4-2-13

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