Brokerage & Securities Trading — Awash Capital S.C | Mizan

Brokerage & Securities Trading — Awash Capital S.C | Mizan

Brokerage and transaction fee schedule

Percent of transaction value unless the row says otherwise. “TBD” means the supplied terms did not publish a rate; it does not mean free.

Provider commission shown in the research materials: 1.60% for Main/Growth equity, 2.00% OTC/unlisted and funds/ETFs, and 0.10% for listed fixed-income categories. Exchange, ECMA, CSD, tax, and other charges may apply separately.

Instrument / tier	Provider	ESX	ECMA	CSD	Displayed total
Equity - Main and Growth Market	1.60%	0.36%	0.15%	TBD	2.110%
Equity - OTC/unlisted	2.00%	0.50%	0.15%	TBD	2.650%
Mutual funds and ETFsECMA equity rate used for the displayed composition; confirm product classification.	2.00%	0.36%	0.15%	TBD	2.510%
Corporate bond	0.10%	0.021%	0.005%	TBD	0.126%
GoE treasury bill	0.10%	0.021%	0.005%	TBD	0.126%
GoE treasury bond	0.10%	0.021%	0.005%	TBD	0.126%
Commercial paper	0.10%	0.021%	0.005%	TBD	0.126%
Sub-national (state and local) bond	0.10%	0.021%	0.005%	TBD	0.126%
Sukuk	0.10%	0.021%	0.005%	TBD	0.126%
Interbank money market / repo	Not provided	TBD	TBD	Not provided	TBD

Not supplied or requiring confirmation

• CSD, custody, settlement, tax and other third-party charges may apply even where the schedule shows TBD or does not provide a number.
• Instrument inclusion in a fee schedule does not confirm that a current retail offer or security is available.
• The supplied materials do not state a fee effective date; provider confirmation is required before relying on the schedule.
• Dormancy duration was left blank in the supplied document.

Provider terms

Risks, controls and account rules

Open a topic to read the relevant terms. These summaries do not replace the provider agreement.

Account and onboarding3 items ⌄

Investment accounts may be opened for individuals, companies, self-help or welfare groups, sole proprietorships, partnerships and institutions.
Awash requires an application, supporting documents, registered address, telephone and email; it may independently verify supplied information.
Authorized signatories, agents and attorneys require a mandate, authorization or certified power-of-attorney documents and specimen signatures.

Orders and execution6 items ⌄

Order channel: Written instruction
Order channel: Email or other approved electronic means
Order channel: Telephone, subject to verification and recording controls
Awash may reject unclear, unauthenticated, non-mandated or potentially unlawful instructions.
The client relies on their own judgment; the terms do not promise suitability, profit or freedom from loss.
Broker commission is calculated per transaction from transaction consideration and debited immediately.

Funding, settlement and account records5 items ⌄

Purchase funds and charges must be remitted directly to Awash Capital’s bank account; funds must not be handed to an agent or other third party.
Payments back to the client are only made to a bank account in the client’s name; third-party payments are not allowed.
Awash may cancel outstanding orders and has a general lien over client funds and securities when the client owes it money.
Statements not challenged within 14 days are treated as approved under the supplied terms.
Complaints are handled under Awash’s complaints policy.

Risk disclosure3 items ⌄

Market prices and investment income can fall as well as rise; capital and returns are not guaranteed.
Liquidity may be limited, so an instrument may be difficult to sell when desired.
Market, exchange, regulatory, settlement, operational, technology and force-majeure events can delay execution or cause loss.

Ending the service and resolving disputes4 items ⌄

Either party may terminate with 14 days’ written notice.
Initiated transactions and all outstanding obligations must be settled before assets and cash are released.
The dormancy period is blank in the supplied terms and must not be inferred.
Ethiopian law applies; the terms submit the relationship to the non-exclusive jurisdiction of Ethiopian courts.

Liability, privacy and support4 items ⌄

Awash excludes losses from reliance on authorized instructions except to the extent caused by proven negligence, willful default or fraud.
The email indemnity places authentication and transmission risk on the client where Awash acts in good faith.
Client information is confidential but may be shared with advisers, regulators, law-enforcement bodies or authorized service parties as permitted by the terms and law.
Communication is sent through registered contact details; clients must report changes in writing.