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Can a minor submit a request to issue an investor number in the stock markets?

The Abu Dhabi Securities Exchange said: Persons under the age of 21 calendar years fall under the category of minors at the Abu Dhabi Securities Exchange, and therefore the guardian of the minor is required to sign an application form for issuing the investor number until the process is completed.

Regarding the possibility of adding the bank account of a family member under the private investor number, the market confirmed that the bank account must be in the name of the investor himself, while a new user name or a change of powers in the clearing system is requested through the mediation office, which submits an electronic request through the technical support program Market specific (land desk).

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