Step by Step Guide
If an investor wishes to conduct share transactions through the Colombo Stock Exchange he/she should open a Securities Account in the CDS through a Participant organization (a stockbroker or a custodian bank).
The applicant has to submit the duly completed Client Account Opening Forms together with the relevant supporting documents to the Participant.
After scrutinizing the account opening documents inclusive of the supporting documents the CDS shall register the applicant in the CDS system.
Once the registration process is completed the CDS will generate an acknowledgment slip (CDS Form 13) with the Client Account number and this acknowledgment would be directly sent to the Participant as a soft copy, confirming the CDS account opening.
The CDS shall reject incomplete account opening documentation giving reasons for rejection (CDS Form 14 A) and hand over the same to the Participant.