Who can become a client

Apricot Capital DIFC Limited is an investment firm based in the Dubai International Financial Centre (DIFC), offering Brokerage, Custody, and Advisory services to Professional Clients and Market Counterparties.

Professional Clients

Apricot Capital DIFC Limited provides investment services to Professional Clients who possess a strong understanding of financial markets and investments. The Dubai Financial Services Authority (DFSA) recognizes certain individuals and entities as “Professional Clients.” This classification acknowledges their expertise and experience, allowing them to access a broader range of investment services and strategies.

Who might qualify as a Professional Client?

While the DFSA has specific criteria, here are some general examples:

• Experienced Investors: Individuals with a proven track record of frequent and substantial trading activity.
• High-Net-Worth Individuals: Those with significant financial assets and a deep understanding of investment risks.
• Financial Professionals: Individuals working or with prior experience in the financial sector, possessing in-depth knowledge of investment products and markets.
• Institutions: Certain organizations, such as large corporations, government bodies, and investment funds, may also meet the criteria.

To determine if you qualify as a Professional Client under the DFSA rules, please refer to the detailed criteria outlined in the DFSA’s Conduct of Business Module (COB) available on their website https://dfsaen.thomsonreuters.com/rulebook/cob-23-types-clients

Market Counterparties

Apricot Capital DIFC Limited serves “Market Counterparties,” a distinct category of clients recognized by the DFSA.

Who are Market Counterparties?

Typically, Market Counterparties include:

• Investment Firms: Companies that manage investments on a large scale, such as asset managers, hedge funds, and private equity firms.
• Financial Institutions: Banks and other institutions deeply involved in financial markets.
• Large Corporations: Companies with significant treasury operations and investment activities.

Key characteristics of Market Counterparties:

• Extensive Market Knowledge: Possess a deep understanding of financial instruments, markets, and risks.
• Large-Scale Operations: Engage in substantial trading volumes and manage significant assets.
• Risk Management Expertise: Have dedicated risk management teams and sophisticated strategies to mitigate potential losses.

For a comprehensive definition of Market Counterparties and the applicable DFSA rules, please refer to the DFSA’s Conduct of Business Module (COB) on their website https://dfsaen.thomsonreuters.com/rulebook/cob-239