Wholesale investors

Before you complete the application form, please establish that you are a wholesale investor by checking that at least one of the options below apply to you.

(1) Will you (the client) trade the account in connection with a business? This cannot be a small business. (Note: a small business employs less than 20 people, or less than 100 if it is a manufacturing business.)

(2) Where you (the client) will trade the account other than in connection with a business, do you (the client):

Have net assets of more than AUD2.5 million? (you will need to provide a copy of a qualified accountant's certificate to prove this); OR
Have had a gross income of AUD250,000 for each of the last two financial years? (you will need to provide a copy of a qualified accountant's certificate to prove this)

(3) Where you (the client) will trade the account other than in connection with a business and be deemed to be a "professional investor" because you (the client):

are a financial services licencee? (if yes, you will need to provide a copy of your licence); OR
are a body regulated by the Australian Prudential Regulation Authority? OR
are registered under the Financial Corporations Act 1974? OR
are a trustee of a super fund, approved deposit fund, pooled super trust or a public sector super scheme as defined by the Superannuation Industry (Supervision) Act 1993 with net assets of more than AUD10 million? OR
are a person with at least AUD10 million in assets (including any amount held by an associate or under a trust)? OR
are a listed entity or a related body corporate of a listed entity? OR
are an exempt public authority? OR
are an entity whose business is investment in financial products, interests in land or other investments and for those purposes, investing funds (directly or indirectly) following an offer or invitation to the public, within the meaning of section 82 of the Corporations Act 2001, the terms of which provide for the funds subscribed to be invested for those purposes.

Need help?

Contact our Client Support Team on 1800 354 182 or +61-2-92703682.

Trading derivatives can result in losses that exceed your initial deposit. The information in this communication is general in nature only and does not take into account your objectives, financial situation or needs. It is important for you to consider these matters before making an investment decision. City Index recommends that you seek independent professional advice. A Product Disclosure Statement (PDS) is available here . Information about our services, including our fees and charges is also contained in our Financial Services Guide, which is available at this source. It is important for you to consider the PDS in deciding whether to acquire, continue to hold, or dispose of CFDs. City Index Australia Pty Ltd (ACN 141 774 727), AFS License No. 345646.