SiT502 - Scotiabank

1 Margin account ApplicationI/We hereby request that my existing Scotia iTRADE Cash account _____ be converted to a Scotia iTRADEM argin acknowledge that I/We have received and read the Client account and Margin Agreement containing the terms and conditions governing theoperation of a Margin account with Scotia iTRADE and agree to the terms and conditions set forth therein. I/We understand that a Margin Accountinvolves the borrowing* of money for account transactions.** I/we agree to Scotia iTRADE asking for financial information about you from creditreporting agencies and others in connection with your Margin account ApplicationI/We request to open a Scotia iTRADE Short Margin account . _____ I/We acknowledge that I/We have received and read the Client account and Margin Agreement containing the terms and conditions governing theoperation of a Margin account with Scotia iTRADE and agree to the terms and conditions set forth therein.

2 I/We understand that a Short MarginAccount involves the borrowing* of a security to complete a transaction.**I acknowledge that the use of leverage may not be suitable for all investors. Using borrowed money, whether through a margin account or anyother method of borrowing, to finance the purchase of securities involves greater risk than using cash resources only. If I borrow money to purchasesecurities, my responsibility to repay the loan, pay interest, and meet margin calls as required by the margin terms remains the same even if thevalue of the securities purchased declines. 8214514 (08/14)Scotia iTRADE (Order-Execution Only Accounts) is a division of Scotia Capital Inc. ( SCI ). SCI is a member of the Investment Industry Regulatory Organization of Canada and the Canadian InvestorProtection Fund.

3 Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions. Registered trademark of The Bank of Nova Scotia. Used under Form for Margin and Short upgradeHave you traded on margin? Yes NoHave you sold Short? Yes NoEmployment Information account HolderYou are currently employed with _____Your current position is _____Employment Information Co- account HolderYou are currently employed with _____Your current position is _____Note: Upon approval of the account (s), any existing open orders in the cash account will be cancelled and you will need to replacethose orders in the margin you have any questions, call Customer Service at 1-888-872-3388 or email us Credit reserves the right to remove or decrease loan values without warning.

4 Not all securities have a Margin Loan Value. For a complete list of Scotia iTRADE MarginRequirements see Please visit our website at or speak with atrained Customer Service Representative to obtain our most up to date rates in respect of margin loans.** Please visit our website at for information on buying on margin, including certain of the risks associated therewith.** Please visit our website at for information on short sales, including certain of the risks associated with short OF account HOLDER (PLEASE PRINT)SIGNATURE OF account HOLDERNAME OF CO- account HOLDER (PLEASE PRINT)SIGNATURE OF CO- account HOLDERDATEDATEACCOUNT NUMBEREXISTING account NUMBERPast Investment ExperienceEquities Bonds Options Futures Mutual Funds Net WorthNet Fixed Assets $ _____Net Liquid Assets $ _____Total Net Worth $ _____MarginKnowledgeLow Medium High Short Selling KnowledgeLow Medium High SiT502