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The Stock Broker Agreement is a fundamental document required for establishing a formal relationship between a licensed securities broker and their clients in the United Arab Emirates. This agreement is essential for compliance with UAE Federal Law No. 4 of 2000 and SCA regulations, serving as the primary contract governing securities trading services. It is used when investors wish to engage a broker for trading securities on UAE exchanges or international markets through a UAE-licensed broker. The agreement covers crucial aspects such as account opening procedures, trading permissions, fee structures, risk disclosures, and compliance requirements. It must align with UAE regulatory requirements while protecting both the broker's and client's interests, incorporating necessary provisions for anti-money laundering compliance and market conduct regulations.

1. Parties: Identification of the licensed broker and the client, including full legal names and addresses

2. Background: Context of the agreement, broker's licensing status, and general purpose of the arrangement

3. Definitions: Key terms used throughout the agreement, including regulatory terminology and market-specific definitions

4. Scope of Services: Detailed description of brokerage services to be provided, including trading, advisory, and account management services

5. Client Classification: Classification of the client as per SCA regulations (retail/professional/institutional investor)

6. Account Opening and Management: Procedures for opening and maintaining trading accounts, including documentation requirements

7. Trading Instructions: Process for receiving, executing, and confirming trading orders

8. Fees and Commissions: Detailed breakdown of all applicable fees, commissions, and charges

9. Client Obligations: Client's responsibilities including providing accurate information and maintaining sufficient funds

10. Broker Obligations: Broker's duties including execution, reporting, and maintaining confidentiality

11. Risk Disclosure: Comprehensive disclosure of investment risks and market volatility

12. Compliance and AML: Anti-money laundering and regulatory compliance requirements

13. Representations and Warranties: Standard legal representations from both parties

14. Liability and Indemnification: Limitations of broker's liability and client indemnification provisions

15. Term and Termination: Duration of agreement and circumstances for termination

16. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction for disputes

17. General Provisions: Standard boilerplate clauses including notices, amendments, and severability