QUICKTRADE INTERMEDIARY DISCLOSURE
In terms of the Financial Advisory and Intermediary Services (FAIS) Act, QUICKTRADE (Pty) Ltd Financial Services (Pty) Ltd (Registration number 2014/06226/07) is required to disclose the information in this document to you. You are therefore requested to read through the document carefully and sign the acknowledgement that you have read and understand the contents hereof. If there is anything in this document that you do not understand, please request further information from us. You are entitled to download a copy of this document for your own records.
AUTHORIZED FINANCIAL SERVICES PROVIDER
QUICKTRADE (Pty) Ltd is an authorized financial services provider (FSP number 45262) in terms of Section 8 of the FAIS Act. A copy of our license certificate is available on request and on our website, www.quicktrade.co.za.
Our physical address is First Floor, Building 13, Woodmead Estate Office Park, 1 Woodmead Drive, Woodmead, Johannesburg, 2191.
The contact person for any query is Hardus van Pletsen, tel 011 315 1000 or by email at firstname.lastname@example.org.
FINANCIAL SERVICES AND PRODUCTS
QuickTrade (Pty) Ltd is authorized to render advice and intermediary Financial services in respect of the following financial products as a Category I FSP:
1.8 Securities and Instruments: Shares
1.11 Securities and Instruments: Warrants, certificates and other instruments
1.13 Securities and Instruments: Derivative instruments excluding warrants
AUTHORIZED KEY INDIVIDUAL AND REPRESENTATIVE
The Financial Services Board has duly authorized Tafara Tsoka to act as key individual and representative to render financial services as defined in terms of the FAIS Act in respect of the Financial products listed above. Additional representatives including representatives under supervision may be added or removed from QUICKTRADE (Pty) Ltd’s FSP license from time to time.
The following representatives are under the supervision of the Key Individual as required in terms of the FAIS Act:
Sihle Ngema, Mongi Kumalo, Moses Murwira, Sydney Maidza, Stanley Makgamathe and Roger Holdsworth.
Tawanda Tali is a representative that is not under supervision.
INTERMEDIARIES, INTRODUCING PARTIES AND SERVICE PROVIDERS
QUICKTRADE (Pty) Ltd carries on its business as a registered Financial Services Provider. All clients signed on by Stock Market College (Pty) Ltd are referred to QUICKTRADE (Pty) Ltd as the preferred share broking firm. In return for the referred clients, Stock Market College (Pty) Ltd earns a referral commission from QUICKTRADE (Pty) Ltd based on a percentage of the brokerage remuneration generated by QUICKTRADE (Pty) Ltd from these clients. More than 30% of the client base of QUICKTRADE (Pty) Ltd was referred by Stock Market College (Pty) Ltd. QUICKTRADE (Pty) Ltd utilises a trading platform supplied, designed and maintained by Metaquotes (Pty) Ltd on which the traders and clients of QUICKTRADE (Pty) Ltd executes trades.
CONFLICT OF INTEREST MANAGEMENT POLICY
QUICKTRADE (Pty) Ltd has adopted and implemented a conflict of interest management policy that complies with the provisions of the FAIS Act. The conflict of interest management policy is available on request and can be obtained by emailing email@example.com or by telephone: 011 315 1000.
QUICKTRADE (Pty) Ltd holds Professional Indemnity and Fidelity cover.
FINANCIAL INTELLIGENCE CENTRE ACT (FICA)
In terms of FICA, QUICKTRADE (Pty) Ltd is an accountable institution. We are required to identify our prospective clients, verify the given information and keep records of the verifying documents. We are also obliged to report suspicious and unusual transactions that may facilitate money laundering to the authorities.
Should you wish to pursue a complaint against a key individual or representative of QUICKTRADE (Pty) Ltd, you should address the complaint in writing. If you cannot settle your complaint with us, you are entitled to refer it to the office of the FAIS Ombud, at firstname.lastname@example.org or telephone number 0860 324 766.
The Ombud has been created to provide you with a redress mechanism for any inappropriate Financial advice that you feel may have been given to you by a Financial services provider.
Moonstone Compliance (Pty) Ltd (Registration number: 2002/020736/07) and Practice number 188 acts as the compliance officer for QUICKTRADE (Pty) Ltd.
Their physical address is Valerida Centre, 1st Floor, Piet Retief Street, Stellenbosch, South Africa.
The contact person is Mr C Hönck, tel 021 883 8000, fax 021 883 8005 or email email@example.com.
You should note that there are risks involved in buying or selling any financial product, and past performance of a financial product is not necessarily indicative of the future performance. The value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions.
The value of your CFD and Equity Share portfolio shall be valued by QuickTrade on a daily basis and can be viewed on the Real Trading Platform or obtained from your Client Services Person at firstname.lastname@example.org.
By accepting the electronic check box or by signing the QUICKTRADE Real Trading Account Application form as part of this application process I confirm receipt of this Intermediary Disclosure document and have read, understood and agree to its contents.