Question:

Who is ineligible to open a trading account at KSE??

by Guest22739836  |  1 year, 3 month(s) ago

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The stockbroker refused to accept my application to open account in Karachi stock exchange for stocks trading, is there any certain criteria to open KSE account?

 Tags: account, ineligible, KSE, Trading

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  1. Money Saving Expert
    Upon discovering that an investor fits any of the descriptions below, the stockbroker should refuse to accept his or her application to open an account, or refuse to take orders from such customer to buy, sell or subscribe securities: * Minors who do not have the authorization of their legal guardian * Personnel or employees of the authorities in charge of securities matters and regulators * Person is declared bankrupt and rights have not been reinstated * A person's opening an account that cannot supply proof of his identity * Securities dealer who have not been approved by the competent authority.

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