Hi , Now activating derivatives is free. Kindly provide details to activate the segments you would like to trade in.
Your segment activation request is in progress. We will update you once we receive confirmation from the exchange.
Your last request for is
To,
Motilal Oswal Securities Ltd. (MOSL)
2nd Floor, Palm Spring Centre, Palm Court Complex,
New Link Road, Malad (West), Mumbai 400064.
Dear JOHN SMITH ,
Sub: Application to trade in Additional segments / Exchanges with MOSL
Ref: Client Code: PAN No.
I / We am/are registered with you as a client for execution of trades in one or more Segments like Capital Market / Equity Derivative / Currency Derivatives/ Commodity Derivative /Debt / Mutual fund segment of Bombay Stock Exchange (BSE) / National Stock Exchange (NSE) / Multi Commodity Exchange (MCX) / National Commodity & Derivatives Exchange Limited (NCDEX).
1. I / We are currently not registered in following segments under which I / We wish to commence transactions for which I / we have ticked the relevant boxes and are providing authorization through this consent as follows:-
If you do not wish to trade on any Exchange please inform the same to your Branch.
2. I / We confirm that all details including correspondence address and contact details, income details as submitted in the KYC or any time thereafter modified by me/us, in MOSL records are correct as on date for any communication with me / us. In case of any changes therein, I undertake to update the same immediately.
3. I / We confirm having received, read and understood the contents of the Standard Documents i.e. Rights and Obligations document(s), Risk Disclosure Document (RDD), Guidance Notes, Risk Disclosure Documents for Options, Do’s and Don’ts for Investors and also other documents i.e. Voluntary Clauses, Policies & Procedures, Rights & Obligations (For Margin Trading Facility) etc. Click here to read, which are also made available in my / our client login for my understanding for dealing in Equities / Derivatives / Commodities segments. I / We have also been informed that the said standard set of documents as mentioned above has been displayed for information on the Website of Motilal Oswal Securities Ltd. I/We do hereby state and declare that I/we have read the same and understood the contents there of and shall bound by such provisions as outlined in these documents.
4. I / We confirm that I / We have not been debarred by SEBI / Exchanges / Other Regulatory authorities for trading in Capital / Derivatives / Securities / Commodities markets and no action has been initiated against me /us.
5. I/We understand that my Client Code will remain the same & all trades in NSE, BSE, MCX, NCDEX (as per my / our above selection of Exchange & segment) will be done using the same Client Code.
6. I / We understand that the Know Your Client (KYC), mandatory documents and all other related voluntary documents like Power of Attorney, Running Account Authorisation, Risk Profiling Questionnaire, Family Declaration, Authorisation for Trading Account, FATCA Declaration, Nomination Form, Consent letter for Electronic Contract Note / Statement of Accounts / Demat Transaction statements etc. where ever applicable executed at the time of registering me/us or thereafter as a client under the above client code, applies mutatis mutandis to trade in above selected Exchange & segment(s).
7. In term of executed POA, if any, for my ease of operations, I / We authorize you to use the shares lying in my/our existing Demat account (s) as mentioned in the POA /mapped to my / our existing trading account towards margin / pay-in or settlement obligations / collateral and such other provisions as mentioned in the POA, for trading in above selected Exchange & segment(s) also.
8. I/We understand that following brokerage tariff structure would apply for selected segments / Exchanges.
(Above Segmental Brokerage would be applicable for the Segment you have consented / selected. Incase you are already an existing client and are currently active in any of the segment then already agreed brokerage will be applied).
9. I/We confirm that below are my GST registration details:
GST Number
10. In case of commodity account opening, I/ We declare that, I /We fall under below client category depending upon my/our proposed nature of my/our activity against each product type.
Note:
1. Commercial : Commercial Client includes Value Chain/Physical Market Participant/Exporter/Importer/having direct /indirect Exposure to the underlying commodity.
2. Non-Commercial : Non-Commercial client includes Trader/ Arbitrager.
11. I/We give my consent to send Contract Notes via electronic mode on my registered email id in MOSL records. I/ We are aware that non- receipt of bounced mail notification by the member shall amount to delivery of the contract note at the registered email ID.
12. I/We understand that, for the purposes of meeting the requirements mentioned in point number 7 above, shares lying in my/our demat account can be transferred to following demat accounts of MOSL :-
13. I / We confirm that I / We shall abide by all the Regulatory requirements including provisions of PMLA Act. In case you require any further information, I shall furnish the same within 24 hours of your requirement.
I/ We request you to consider this application and enable me to deal in above said Exchange(s) / Segment(s).
Note: I understand that any change in contact details like Mobile number, Landline phone number, email-id, Permanent and Correspondence address mapped with MOSL will be made through modification form by submitting the same to MOSL branch.
Yours Sincerely,
John Smith