Qatar Securities Company
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FAQs
  What is a trading session?
  Trading Time
  Working Hours at QSC
  How to obtain an investor number?
  How to open a Trading Account at QSC?
  How to trade through QSC?
  How to fund my account at QSC?
  How to transfer my shares from or to QSC?
  How to withdraw Cash Sums from my account at QSC?
  How to subscribe on Online Trading?
  How to get an account statement?
  How to read an account statement?
  How to collect my cash Bonus?
  How to collect my Bonus Shares?
  How to trade on the Egyptian Stock Exchange through QSC?
  How to contact QSC?
 
 
What is a trading session?
A trading session corresponds to the operation of the trading system that occurs between the pre- open state, open state and close state. There is only one trading session per Day
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Trading Time
 Working Days:  From Sunday to Thursday:
 Pre- opening:  9:30 am
 Opening the session:  10:00 am
 Closing the session:  12:30 pm
 
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Working Hours at QSC
From 8:30 am to 1:30 pm   
then  
from 5:00 pm to 8:00 pm
Days off: Friday & Saturday 
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How to obtain an investor number?

To begin trading on the QE, it is mandatory for a potential investor, whether an individual (local or foreign), a company or any other establishments, to get registered with the QE.

To obtain an investor number "NIN" (National Identification Number) from the QE, the following steps are to be followed:

a)  Case of individuals:

  • Filling out a new investor's application form to get a NIN number.
  • Submission of the following documents along with the application form:
    - A copy of a valid passport.
    - A copy of power of attorney (in case there is a need for one).
    - A copy of a court decision or a guardianship order (guardian).
    - A copy of birth certificate if buying/selling securities on behalf of minors (under 18).

b) Companies and other entities:


      In Case of a local Company:

  •  Filling out a new investor's application form to get a NIN number ( Company's stamp on the Investor application form ).
  • Submission of the following documents along with the application form:
    - A copy of a valid commercial registration document showing the authorized persons including their signatures

-A letter addressed to QE specifying the authorized person/ entity to get a Nin. nunber on behalf of the company.
- An original authorization signature letter issued by the company for the purpose of opening an account with QE.

     In Case of a foreign Company:

  • Filling out a new investor's application form to obtain a NIN number (Company stamp on the investor application form)
  •  Submission of the following documents along with the application form:

1. A letter addressed to Qatar Exchange requesting obtaining an Investor Number and to trade on the QE.
2. An original authorization signature letter specifying the names of the authorized signatory/ ies & the forms of their signatures
3. Copies of the valid passports for the Authorized Signatories
4. An original copy of the corporate valid commercial registration which should be authenticated by the Foreign Affairs Ministry & the Qatari Embassy at the home country of the company.
5. A Commercial license from the Corporate Control Department at the home country of the company which should be authenticated by the Foreign Affairs Ministry & the Qatari Embassy at the home country of the company.
6. Duly attested copy of the memorandum, article of association
7. Consent to open a portfolio at the QE issued from the Ministry of Economy & Trade which should be authenticated by the Foreign Affairs Ministry & the Qatari Embassy at the home country of the company.

NOTE:  To obtain a new investor number, attend to the ground level of the Qatar Exchange building (clients'service counter).
To obtain a new investor number, the client must pay QR 100

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How to open a Trading Account at QSC?

The steps for opening an account at QSC are:

Individual Account:

Case of an Adult:

a) Obtain a NIN  number from the QE
b) Attend to one of QSC's branches or visit our website to open an account
c) Fill out the Trading Account Opening Application Form- Individual and sign it.
d) Submit the following documents along with the application:

  • a copy of the valid identity card and / or passport (Local / Resident in Qatar)
  • a copy of the valid passport (Non-resident)

 Send all the documents to one of the following:

  • Submit all the documents by hand at QSC Main Branch.
  • via Courier to QSC at the following Address: 
                     Grand Hamad Avenue
                     Al Khaleej Insurance Building
                     M floor & 5th Floor
                     P.O. Box: 33083
                     Doha- Qatar
  • Scan them and send them via E- mail to our E- Mail Address at: qscinfo@qatar-securities.com

e) To begin trading :

  • In case of buying listed shares, transfer or deposit sum of money in cash or as cheque, equivalent to/or more than the value of the purchased shares, to QSC's account at the Commercial Bank of Qatar. Mention your investor number in case of transfer or deposit. It is crucial to deliver by hand your transfer or deposit receipt.  
  •  In case of selling listed shares, if you already own shares at the QE central registry, you need to request to transfer these shares to QSC. Securities Transfer Request Form 

Case of a Minor:


a) Obtain a NIN  number from the QE

b) Attend to one of QSC's branches or visit our website to open an account
c) Fill out the Trading Account Opening Application Form- Individual and sign it.
d) Submit the following documents along with the application:

  • a copy of the guardian's valid identity card and/or valid passport
  • a copy of the minor's birth certificate

            Send all the documents to one of the following:

  • Submit all the documents by hand at QSC Main Branch.
  • via Courier to QSC at the following Address:
                     Grand Hamad Avenue
                     Al Khaleej Insurance Building
                     M floor & 5th Floor
                     P.O. Box: 33083
                     Doha- Qatar
  •  Scan them and send them via E- mail to our E- Mail Address at: qscinfo@qatar-securities.com

a) To begin trading :

  • In case of buying listed shares, transfer or deposit sum of money in cash or as cheque, equivalent to/or more than the value of the purchased shares, to QSC's account at the Commercial Bank of Qatar. Mention your investor number in case of transfer or deposit. It is crucial to deliver by hand your transfer or deposit receipt.  
  • In case of selling listed shares, if you already own shares at the QE central registry, you need to request to transfer these shares to QSC. Securities Transfer Request Form 


Case of Representation Account:

If the Account Holder delegates someone (Representative) to trade on his behalf:
a) Obtain a NIN  number from the QE

b) Attend to one of QSC's branches or visit our website to open an account
c) Fill out the Trading Account Opening Application Form- Individual and sign it.
d) Submit the following documents along with the application:

  • a copy of the account holder's valid identity card and/or valid passport
  • a copy of the Representative's valid identity card and/or valid passport
  • valid Power of Attorney

       Send all the documents to one of the following:

  •  Submit all the documents by hand at QSC Main Branch.
  • via Courier to QSC at the following Address:
                     Grand Hamad Avenue
                     Al Khaleej Insurance Building
                     M floor & 5th Floor
                     P.O. Box: 33083
                     Doha- Qatar
  • Scan them and send them via E- mail to our E- Mail Address at: qscinfo@qatar-securities.com

e) To begin trading :

  • In case of buying listed shares, transfer or deposit sum of money in cash or as cheque, equivalent to/or more than the value of the purchased shares, to QSC's account at the Commercial Bank of Qatar. Mention your investor number in case of transfer or deposit. It is crucial to deliver by hand your transfer or deposit receipt.    
  •  In case of selling listed shares, if you already own shares at the QE central registry, you need to request to transfer these shares to QSC. Securities Transfer Request Form 

Note: if the Account Holder is not a resident in Qatar and wants to delegate someone inside Qatar to trade on her/his behalf, then the power of attorney given to the Representative must be authenticated from the foreign ministry and Qatari Embassy in the account holder's homeland.


Case of Company Account:

a) Obtain a NIN  number from the QE

b) Attend to one of QSC's branches or visit our website to open an account
c) Fill out the Trading Account Opening Application Form - Company and sign it.
d) Submit the following documents along with the application:

  • Copy of the authorized signatory/ies valid identity cards or Valid Passports.
  • A copy of the representative's valid identity card or valid passport.
  • A copy of the company's valid commercial registration
  • An original authorization signature letter issued from the company specifying the authorized signatories names and forms of their signatures.
  • An original Delegation letter issued from the corporate specifying the representative's name and the areas of delegation
  • Valid Power of attorney ( if there's any)

      Send all the documents to the following:

  • Submit all the documents by hand at QSC Main Branch.
  • via Courier to QSC at the following Address:
                     Grand Hamad Avenue
                     Al Khaleej Insurance Building
                     M floor & 5th Floor
                     P.O. Box: 33083
                     Doha- Qatar
  •  Scan them and send them via E- mail to our E- Mail Address at: qscinfo@qatar-securities.com

a) To begin trading :

  • In case of buying listed shares, transfer or deposit sum of money in cash or as cheque, equivalent to/or more than the value of the purchased shares, to QSC's account at the Commercial Bank of Qatar.  Mention your investor number in case of transfer or deposit. It is crucial to deliver by hand your transfer or deposit receipt.     
  • In case of selling listed shares, if you already own shares at the QE central registry, you need to request to transfer these shares to QSC. Securities Transfer Request Form 
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How to trade through QSC?

After obtaining an investor number from the QE, you can trade (place orders) at QSC through any of the following:

The call center:
a) Location: At QSC's Main Branch
b) Working hours: 8:00 am to 3:30 pm
c) Telephone Number: 00974- 4255255

The trading room:
a) Location: at the DSM building
b) Working hours: 8:30 am to 12:30 pm
c) Telephone Number: 00974- 4255273/ 75/ 77

Online Trading:
QSC's clients can trade online through subscribing in online trading service. QOTS Account Opening Form       

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How to fund my account at QSC?

You can transfer or deposit cash/cheque to QSC's following Bank Account:
 
Commercial Bank of Qatar -  CBQ
Main Branch
Doha - Qatar
Account Number: 4010-346141-001
Swift Code: cbqaqaqa

  • Note:  Mention your investor number in case of transfer or deposit. It is crucial to deleiver by hand the original receipt of deposit or transfer.

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How to transfer my shares from or to QSC?
Obtain an updated Holding Statement from the QE that states all your owned shares and their allocation then fill out the QSC Securities Transfer Form  to specify which shares you would like to trade on through your account at QSC.
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How to withdraw Cash Sums from my account at QSC?

To obtain a cheque:  call the Call Center number +974 4255-255.

To transfer to your Bank Account: Fill out the Cash Transfer Form
  Then submit the signed form to one of the following:

  • Hand it over at QSC Main Branch.
  • via Courier to QSC at the following Address:
                     Grand Hamad Avenue
                     Al Khaleej Insurance Building
                     M floor & 5th Floor
                     P.O. Box: 33083
                     Doha- Qatar
  • Scan it and send it via E- mail to our E- Mail Address at: qscinfo@qatar-securities.com
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How to subscribe on Online Trading?

To subscribe on online trading, follow these steps:

a) Obtain a NIN  number from the QE

b) Fill out the Trading Account Opening Application Form- Individuals/ Account Opening Application Form- Companies and sign it.
c) Sign a separate form for QOTS Account Opening Form

    Send all the documents to the following:

  • via Courier to QSC at the following Address:
                     Grand Hamad Avenue
                     Al Khaleej Insurance Building
                     M floor & 5th Floor
                     P.O. Box: 33083
                     Doha- Qatar
  • Scan them and send them via E- mail to our E- Mail Address at: qscinfo@qatar-securities.com 
       

d) QSC will issue for you a username and password to have an access to our E-trading system.
e) For more security, we recommend that you come in person to collect the user name and password envelope which you can receive within 15 minutes or simply you can request to receive the username and password via email.
f) If you require a demo of how to use the system, please call us at technical support on 00974- 4255244 to arrange a time convenient to you.

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How to get an account statement?

As a kind of secrecy, we advice that you kindly attend personally to our Main Branch to collect the statement.

Note : if you are online trading subscriber, you can simply print out your account statement directly online.

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How to read an account statement?

In an account of statement you will find the following data:

Vchr Date

Due Date

Voucher Type

Voucher No.

Description

Debit

Credit

Balance

The Date of each

trading   transaction

The Due Date of each trading transaction

Refers to:

 

 

Voucher Number

Refers to:

 

 

Reflects the balance that the account Holder still has in his account

 

 

1.        Auto Journal for sell/ buy orders

 

 

 

 

 

1. for Sell/ Buy transactions: the invoice number followed by the type of the transaction (sell or buy), then the number of shares sold or bought, then the symbol of these shares, then @ and after @ the price of these shares with the commission.

 

 

 

2.        Receipt Voucher if QSC receives a cheque from the clients

 

2. For Receipt vouchers: the number of received cheque with the investor number of the client who delivered the cheque

3.        Auto payment if the client receives a cheque from QSC

 

 

3. For Auto payment: the number of the cheque issued from QSC to be paid for the client at the Commercial Bank

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How to collect my cash Bonus?
If a listed corporate announces their cash bonus, the client who is entitled for cash dividends will receive his cheque issued by the intended corporate to his direct P.O. Box as registered in the documents at the QE.

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How to collect my Bonus Shares?
If a listed corporate declares at the QE the allotment of Bonus shares, these Bonus shares will be directly added to the client's account at QSC by the QE.
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How to trade on the Egyptian Stock Exchange through QSC?

 QSC have tied up with the Egyptian Exchange through an exclusive agreement with Ahli Bank of Egypt. Hence, QSC offers you to be your executor in Egypt as well as Qatar. This would enable you to buy and sell securities listed in the Egyptian Exchange and to make decisions based on the available information about the companies listed there, which shall put you in a better position to determine opportunities in the market place and to be familiar with the daily market changes.

For more information and further details please contact:

Egyptian Exchange Department:

Tel: 00974- 4255276/ 4255288
Fax: 00974- 4410069/ 4255238

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How to contact QSC?

Grand Hamad Avenue 
 Al Khaleej Insurance Building 
 "M Floor & 5th Floor"
  P.O. Box: 33083 
  Doha- Qatar

Main Office:           
Tel: 00974- 4410062/03/04/05                    
Fax: 00974- 4410069/ 4255238

Dealing Room:
Tel: 00974- 4255273/ 75/ 77
Fax: 00974- 4310339

Call Center:
Tel: 00974- 4255255
Fax: 00974- 4255238


Alkhor Branch:
Tel: 00974- 4725656/ 4725858
Fax: 00974- 4725544

Egyptian  Exchange Department:
Tel: 00974- 4255276/ 4255288
Fax: 00974- 4410069/ 4255238

 

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