1 | Why do I need to give consent to Bursa Malaysia Depository Sdn Bhd for the disclosure of my stock balances in CDS account? |
| Your consent will enable Bursa Malaysia Depository Sdn Bhd to disclose the stock balances of your own CDS
account to JF Apex in order for JF Apex to conduct stock checking to avoid short-selling (for online trading
purposes) and to have access to stock balances in order to calculate collateral value and to grant a higher
trading limit for your trading account (i.e. Collateralized Trading Account – CTA). In the absence of this
authorization, you will not be allowed to trade online and/or treat shares in your own CDS account as collaterals
for higher trading facilities from JF Apex. |
2 | For what purpose does Bursa Malaysia Depository Sdn Bhd need to grant my consent for the disclosure of my stock balances in CDS Account? |
| Pursuant to the Securities Industry (Central Depositories) Act 1991 and corresponding Rules of Bursa Malaysia
Depository Sdn Bhd, this will enable Bursa Malaysia Depository Sdn Bhd to disclose or download periodically
the stock balances to JF Apex for added verification or stock check purposes. |