India Agreement to Buy and Sell Stock
This Agreement to Buy and Sell Stock is between an Indian stock trader and a client, and sets out the terms on which the trader will buy and sell securities for the client.
- The trader must be a member of the National Stock Exchange of India Ltd. (NSEIL) and National Securities Clearing Corporation Ltd. (NSCCL).
- The client will execute all of its orders for purchasing, selling and redeeming units of mutual fund schemes through the trader.
- The trader will buy and sell the units, pay over funds, deliver units, and supply documentation to the client as required.
- The agreement is subject to SEBI, NSEIL, and NSCCL rules, regulations and guidelines.
If you are a trader, you will find this Agreement to Buy and Sell Stock a convenient and easy means of preparing your client contracts. You can use it as often as your business requires.
Last Updated: 14-April-2016