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OPEN AN ACCOUNT
INSTITUTIONAL INVESTORS

PROCESS FLOW

Introduction
Documentation
Agreement
Setup & Configuration
Workshops & User Training
Funding / Limit Setup
Trading

Introduction with the Relationship Manager and the GTN ME DIFC Client On-Boarding Team

Required KYC Documents and Agreements to be submitted to the GTN ME DIFC Client On-Boarding Team

All required agreements to be signed off by both parties

System setup and configurations to be done based on the agreements

Client teams to be made familiarized with the systems and business processes

Client to fund the account or request for trading limits

Commence trading

THE FOLLOWING ARE REQUIRED FOR INSTITUTIONAL CLIENTS TO OPEN AN ACCOUNT
KYC Documents
  • Certificate of Incorporation

  • Regulatory License

  • Commercial License / Trade License

  • Certificate of incumbency, Certificate of good standing, Share register

  • Proof of stock exchange listing (if listed)

  • Memorandum and Articles of Association

  • Board resolution authorizing the opening, operating, and closing of an account with any counterparty and appointment of authorized signatories and their signature specimen.

          a) Valid ID/Passport copies of Authorized Signatories

          b) Address Proof of Authorized Signatories

  • Ownership and control structure / List of Beneficial Owners holding more than 10%

          a) Valid ID/Passport copies of Beneficial Owners holding                       more than 10%

          b) Address Proof of Beneficial Owners holding more than 10%

  • Board of Directors (Please update in account opening form)

          a) Valid ID/Passport copies of Directors

  • Person(s) having Executive Authority (Please update in account opening form)

          a) Valid ID/Passport copies of person(s) having Executive                        Authority

  • List of Authorized Traders

  • Latest Audited Financial Statements

  • Trade Confirmations Email Distribution List

  • Standard Settlement Instructions

AGREEMENTS & FORMS
  • GTN Asia – Institutional Account Application Form & Annexure A

  • GTN Asia - Brokerage Services Agreement (For Institutional Clients)

  • CRS Entity Form

  • FATCA Form - W8BEN-E (If the client acting as prop only)

  • FATCA Form - W8IMY (If the client acting on behalf of end clients)

  • Wolfsburg Questionnaire Form

  • QI/ ADR Documents (If the client is trading Omnibus in US Markets for their underlying clients)

Notes:
  • Please be kindly advised that we will be requesting for additional documents that will be required for us to complete the onboarding process.

  • This link only contains the GTN Asia Brokerage Services Agreement, additional agreements will be shared by email upon request.

  • All the above KYC documents must be certified as a true copy. Copy of the requested document must be supplied in the form of a ‘certified true and exact copy’ or substantially similar wording.  Where photo identification is being certified, the certifier must also certify that it ‘bears a true likeness to the individual’. Document must be certified to be a true copy by a suitably qualified person (e.g., a notary public, a lawyer or certified public or professional accountant). The person certifying the copy document must sign, date and officially stamp all the documentation, detailing in what capacity they are acting, and provide their professional reference (e.g. CPA membership number).

SEND US YOUR DOCUMENTS

Send us your complete set of documents to mid-office@gtnasia.com with a header “Account Opening – <Your Name>”.