Open an Account

Individual / Joint Accounts
Corporate Accounts
Partnership / LLC Accounts
Trust Accounts

Individual or Joint Accounts for US Citizens or US Resident Aliens

• If you are employed by a broker/dealer, FCM, bank or insurance company, a letter from your employer consenting to the account opening.
• If you are self-employed in trading, investments or other financial services, a letter from you stating that you are investing your own personal funds and that no funds from others will be deposited or solicited.
• If requested, a copy of your driver’s license, passport or other government-issued ID.

Individual or Joint Accounts for Foreign Citizens

• Copy of a passport or other government-issued ID.
• Signed Foreign Certification.
• If you are employed by a broker/dealer, FCM, bank or insurance company, a letter from your employer consenting to the account opening.
• If you are self-employed in trading, investments or other financial services, a letter stating that you are investing your own personal funds and that no funds from other individuals will be solicited or deposited.
• If you are located in a non-cooperating Financial Action Task Force (FATF) country or a country that is not a FATF cooperating country, a copy of a current bank statement, prior year’s tax return, or letter of reference from a recognized bank, accounting or law firm.
• If requested, other documentation showing proof of residency or citizenship.

Corporate Account for US Corporations

• Copies of Articles of Incorporation and By-Laws which clearly identify the officers of the corporation and their authority to act on behalf of the corporation in opening an account. Only authorized signers may sign the account opening documents on behalf of the corporation.
• If requested, a copy of a passport or government-issued ID from one or more officers of the corporation.
• If requested, other documentation confirming the legal status, ownership or business of the entity.

Corporate Account for Foreign Corporations

• Copies of Articles of Incorporation and By-Laws which clearly identify the officers of the corporation and their authority to act on behalf of the corporation in opening the account. Documents must be in English or be accompanied by a certified translation. Only authorized signers may sign the account opening documents on behalf of the corporation.
• Properly signed Foreign Certification.
• Copies of the passports or other government-issued IDs of officers signing on behalf of the corporation.
• If the corporation is located in a non-cooperating FATF country or a country that is not a FATF cooperating country, a copy of a current bank statement, prior year’s tax return, audited financial statement, or a letter of reference from a recognized bank, accountant or law firm.
• If requested, other documentation confirming the legal status, ownership or business of the entity.

Partnership/LLC Account for US Partnerships and Limited Liability Companies

• Copies of the Partnership Agreement/Operating Agreement and annual state filing. These documents must clearly identify the general partner(s)/member(s) and/or other persons authorized to act on behalf of the entity.
• If requested, a copy of the driver’s license, passport or other government-issued ID of authorized partner(s)/member(s).
• If requested, other documentation confirming the legal status or business of the entity.

Trust Account for US Trusts

• Copy of the entire trust agreement that clearly identifies the trustees and clearly states their authority to open an account for the trading of futures and options. If no such authorization exists in the trust document, a properly signed amendment to the trust stating that the trustees have the authority to invest in futures and options and that such investment does not violate any other provision of the trust.
• If requested, a copy of the driver’s license, passport or other government-issued ID of the trustees may be required.
• If requested, other documentation confirming the legal status and purpose of the trust.

Trust Account for Foreign Trusts

• Copy of the entire trust agreement that clearly identifies the trustees and clearly states their authority to open an account for the trading of futures and options. If no such authorization exists in the trust document, a properly signed amendment to the trust stating that the trustees have the authority to invest in futures and options and that such investment does not violate any other provision of the trust. All documents must be in English or be accompanied by a certified translation.
• Properly signed Foreign Certification.
• Copies of passports or other government-issued IDs for the trustees.
• If requested, other documentation confirming the legal status and purpose of the trust.

PROOF OF IDENTITY

Under the Know Your Customer provisions of The Patriot Act of 2001, FCMs and other financial institutions are required to obtain proof of identity in conjunction with the account opening process. Depending on the type of account, country of origin, citizenship and other factors, you may be required to submit additional documents along with your thoroughly completed and properly signed account forms. These documents may be submitted to ND Global Trading or faxed to RCG’s New Accounts Department at (312) 795-7799.

Individual or Joint Accounts for US Citizens or US Resident Aliens

• If you are employed by a broker/dealer, FCM, bank or insurance company, a letter from your employer consenting to the account opening.
• If you are self-employed in trading, investments or other financial services, a letter from you stating that you are investing your own personal funds and that no funds from others will be deposited or solicited.
• If requested, a copy of your driver's license, passport or other government-issued ID.

Individual or Joint Accounts for Foreign Citizens

• Copy of a passport or other government-issued ID.
• Signed Foreign Certification.
• If you are employed by a broker/dealer, FCM, bank or insurance company, a letter from your employer consenting to the account opening.
• If you are self-employed in trading, investments or other financial services, a letter stating that you are investing your own personal funds and that no funds from other individuals will be solicited or deposited.
• If you are located in a non-cooperating Financial Action Task Force (FATF) country or a country that is not a FATF cooperating country, a copy of a current bank statement, prior year's tax return, or letter of reference from a recognized bank, accounting or law firm.
• If requested, other documentation showing proof of residency or citizenship.

Corporate Account for US Corporations

• Copies of Articles of Incorporation and By-Laws which clearly identify the officers of the corporation and their authority to act on behalf of the corporation in opening an account. Only authorized signers may sign the account opening documents on behalf of the corporation.
• If requested, a copy of a passport or government-issued ID from one or more officers of the corporation.
• If requested, other documentation confirming the legal status, ownership or business of the entity.

Corporate Account for Foreign Corporations

• Copies of Articles of Incorporation and By-Laws which clearly identify the officers of the corporation and their authority to act on behalf of the corporation in opening the account. Documents must be in English or be accompanied by a certified translation. Only authorized signers may sign the account opening documents on behalf of the corporation.
• Properly signed Foreign Certification.
• Copies of the passports or other government-issued IDs of officers signing on behalf of the corporation.
• If the corporation is located in a non-cooperating FATF country or a country that is not a FATF cooperating country, a copy of a current bank statement, prior year's tax return, audited financial statement, or a letter of reference from a recognized bank, accountant or law firm.
• If requested, other documentation confirming the legal status, ownership or business of the entity.

Partnership/LLC Account for US Partnerships and Limited Liability Companies

• Copies of the Partnership Agreement/Operating Agreement and annual state filing. These documents must clearly identify the general partner(s)/member(s) and/or other persons authorized to act on behalf of the entity.
• If requested, a copy of the driver's license, passport or other government-issued ID of authorized partner(s)/member(s).
• If requested, other documentation confirming the legal status or business of the entity.

Trust Account for US Trusts

• Copy of the entire trust agreement that clearly identifies the trustees and clearly states their authority to open an account for the trading of futures and options. If no such authorization exists in the trust document, a properly signed amendment to the trust stating that the trustees have the authority to invest in futures and options and that such investment does not violate any other provision of the trust.
• If requested, a copy of the driver's license, passport or other government-issued ID of the trustees may be required.
• If requested, other documentation confirming the legal status and purpose of the trust.

Trust Account for Foreign Trusts

• Copy of the entire trust agreement that clearly identifies the trustees and clearly states their authority to open an account for the trading of futures and options. If no such authorization exists in the trust document, a properly signed amendment to the trust stating that the trustees have the authority to invest in futures and options and that such investment does not violate any other provision of the trust. All documents must be in English or be accompanied by a certified translation.
• Properly signed Foreign Certification.
• Copies of passports or other government-issued IDs for the trustees.
• If requested, other documentation confirming the legal status and purpose of the trust.

APPROVAL PROCESS

Once RCG has reviewed and approved your account form and any other required documents, you will receive notification of your account number. If you are an electronic trader, you will also receive notification of your User ID and Password. Once you have funded your account, you'll be ready to trade!

ACCOUNT FUNDING

You may fund your account by wire transfer, check, a deposit of Treasury securities or, in some cases, a deposit of equity securities. Please be aware that the originating account for any wire transfer, check or securities transfer must have identical ownership to the ownership of your RCG account. RCG will not accept any deposit of funds from an account in a name other than the name on your RCG account.

Funding by Wire Transfer

If you are wiring US dollars, the instructions are:

Harris Trust & Savings Bank
Chicago, Illinois USA
SWIFT ADDRESS: HATRUS44 (MT103)
ABA# 0710-0028-8
FAO: Rosenthal Collins Group
396-446-7
Customer Segregated Funds
FAO: (Your name and your RCG account number)

f you are wiring non-US currency, click here for wire instructions for each currency. Please note that it is very important to wire non-US currency according to the instructions for non-US currency. If non-US funds are wired to RCG’s US dollar account, the funds will be converted automatically by the bank to US dollars at the bank’s prevailing exchange rate.

Funding by Check

If you are funding your account by personal, cashier or certified check, please make the check payable to “Rosenthal Collins Group”. Please mail your check to your broker or to RCG Treasury Department, 216 W. Jackson Blvd., Chicago, IL 60606. Please do not mail your check directly to RCG's account at Harris Bank.

For our protection and yours, you may be restricted from trading until good funds have been received by our bank. In some cases, it may take as long as 10 days for RCG's bank to receive good funds on checks drawn on banks outside Illinois.

Funding with US Treasury Securities

If you're funding your account with a deposit of US Treasury securities, the transfer instructions are as follows:

Bank of New York/HARCUS/Rosenthal Collins Group #2209344
FAO: (Your name and your RCG account number)
Non-Acceptable Forms of Payment

We cannot accept the following to fund your account:

Cash currency
Money Orders
Checks Drawn on Foreign Banks
Checks Drawn Against Lines of Credit
Credit Card Checks
Drafts or Wire Transfers from Currency Exchanges

NEED HELP?

If you have questions about our account application process, or if you have technical problems with our online or downloadable forms, please e-mail us at info@ndglobaltrading.com. We will be happy to assist you.