This form is an
agreement entered between client and broker in the presence of witness where the
client agrees (is desirous) to trade/invest in the securities listed on the
concerned Exchange through the broker after being satisfied of brokers
capabilities to deal in securities. The member, on the other hand agrees to be
satisfied by the genuineness and financial soundness of the client and making
client aware of his (broker's) liability for the business to be conducted.