1 - Open an account at the Kuwait Clearing Company (KCC).
2 - A Copy of the civil identification, the name of the bank the client deals with (3 K.D for individuals, 5 K.D for corporate).
3 - Choose one of the registered Brokerage Firms in KSE.
4 - When issuing a selling order, share certificates should be presented the following day after the transaction.
5 - When issuing a buying order, payment should be submitted to the broker the following day before 11:00 am if the client’s balance with KCC is insufficient.
6 - Commission is calculated 1.250 K.D for each one Thousand K.D, commission is calculated 1 K.D for each one Thousand K.D for transaction of Fifty Thousand K.D and above.
7 - A cheque will be issued by KCC in favor of the client every Sunday and Wednesday.
8 - KSE account is accredited 500 fils for each executed transaction.
9 - Share prices can fluctuate 5 pricing units daily according to its category.
Sunday, April 12, 2009
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