Professional Client/Account

Who is classified as a professional client?
A client that satisfies the following criteria shall be classified, by default, as a professional client: Entities which are required to be authorized or ...
Wed, 11 Aug, 2021 at 8:22 AM
Who is considered as an elective professional client?
A Non-Professional client who may be treated as professional (and waive the investor protection rights (only for retail clients)), on request, provided that...
Wed, 11 Aug, 2021 at 8:23 AM
What are the criteria for a Non-Professional client to be treated as an elective professional client?
Two of the following criteria shall be satisfied for a Non-Professional client to be treated as an elective professional: The client has carried out trans...
Wed, 11 Aug, 2021 at 8:23 AM
What is the procedure for a Non-Professional client who wishes to be treated as elective professional?
The below procedure is followed when a Non-Professional client wishes to be treated as elective professional: The client states in writing to Vestle that ...
Wed, 11 Aug, 2021 at 8:25 AM
What are the protection rights that a retail client waives when he/she becomes an elective professional client?
A retail client is entitled to the following protection rights which waives when he/she becomes an elective professional client. A Retail Client will be g...
Wed, 11 Aug, 2021 at 8:25 AM
Why would a retail client change its categorization to become a (elective) professional client?
An elective professional client waives the investor protection rights, hence given its trading experience, and understanding of the relevant risks may use l...
Wed, 11 Aug, 2021 at 8:26 AM