Margin Trading Rules
Article (1) - Definitions
On application of these rules, the following words and phrases shall have the meaning adjacent to each, unless the context requires otherwise:
The Authority: Qatar Financial Markets Authority (QFMA).
Financial Markets: Markets licensed for dealing in securities, pursuant to the provisions of the Authority's Legislations.
The Law: Qatar Law No. 8/2012 regarding Qatar Financial Markets Authority.
Financial Services Company: A company licensed by the Authority to conduct any of the activities prescribed in the Financial Services Rulebook issued by the Authority.
Margin Trading: A transaction(s), whereby a Financial Services Company pays a percentage of the securities' market value purchased for its client pursuant to the Agreement governing the relation between them.1
Margin Trading Account: A designated client account held at a Financial Service Company for the purpose of Margin Trading.
Initial Margin: The amount deposited by the client in the Margin Trading Account at the Financial Services Company in accordance with the percentage determined in the Margin Trading Agreement in relation to the securities' market value to be traded via Margin Trading before the purchase process.