1.1 Welcome to www.midwaybd.com. Midway Securities Ltd. (MSL) provides access to the midwaybd.com website to you subject to the terms and conditions (“terms”) set out on this page. By using the website, you, a registered or guest user in terms of the eligibility criteria set out herein (“user”) agree to be bound by the terms. Please read them carefully as your continued usage of the website, you signify your agreement to be bound by these terms. If you do not want to be bound by the terms, you must not subscribe to or use the website or our services.
1.2 By impliedly or expressly accepting these terms, you also accept and agree to be bound by Midway Securities Ltd.’s policies.
1.3 In these terms, references to "you", "user" shall mean the end user/customer accessing the website, its contents and using the services offered through the website. References to the “Midway Portal”, “QuickTrade Pro”, “website”, "MSL", “Midway Securities Ltd.”, "we", "us" and "our" shall mean the website and/or Midway Securities Ltd, including our subsidiaries, affiliates, platforms and technologies
1.4 This website may also contain links to other websites, which are not operated by MSL, and MSL has no control over the linked sites and accepts no responsibility for them or for any loss or damage that may arise from your use of them.
1.5 We reserve the right to change these terms at any time. Such changes will be effective when posted on the website. By continuing to use the website after we post any such changes, you accept the terms as modified.
1.6 These terms will continue to apply until terminated by either you or MSL in accordance with the terms set out below:
1.7 The agreement with MSL can be terminated by closing your account.
1.8 Notwithstanding the foregoing, these provisions set out in these terms which by their very nature survive are meant to survive termination, shall survive the termination / expiry of this agreement.
2.1 By accepting the terms or using or transacting on the website, the user irrevocably declares and undertakes that he/she is capable of entering into a binding contract and such usage shall be deemed to form a contract between the website and such user to the extent permissible under applicable laws.
3.1 When you use midwaybd.com, you consent to receive communication from us. You authorize us to communicate with you by e-mail, sms, phone call or by posting notices on the website or by any other mode of communication. For contractual purposes, you consent to receive communications (including transactional, promotional and/or commercial messages), from us with respect to your use of the website. Additionally, any disclosures posted on the site, or sent to you by email fulfill the legal obligation of communication made in writing.
4.1 Any person may access the website either by registering to the website or using the website as a guest. However, a guest user may not be able to have access to all the contents of the website. The contents available for the registered users may change from time to time at the sole discretion of the website.
4.2 If you wish to register your account with the website, you shall be required to filling in the details prescribed in the website registration form.
4.3 If you use the website, you will be responsible for maintaining the confidentiality of your username and password and you will be responsible for all activities that occur under your username and you will be under the obligation to restrict access to your computer or mobile phone to prevent unauthorized access to your account. You should inform us immediately if you have any reason to believe that your password has become known to anyone else, or if the password is being, or is likely to be, used in an unauthorized manner.
Charges for using SSLCOMMERZ, a third party payment gateway are listed below:
6.1 The material (including the content, and any other content, software or services) contained on MSL are the property of MSL, its subsidiaries, affiliates and/or third-party licensors.
6.2 You may not use any “deep-link”, “page-scrape”, “robot”, “spider” or other automatic device, program, algorithm or methodology, or any similar or equivalent manual process, to access, acquire, copy or monitor any portion of the website or any content, or in any way reproduce or circumvent the navigational structure or presentation of the website or any content, to obtain or attempt to obtain any materials, documents or information through any means not purposely made available through the website. We reserve our right to bar any such activity.
7.1 To promote services, MSL uses various advertisement and commercials which are truthful and are not deceptive or unfair to the best of our knowledge and belief. Every user is under the obligation to go through the relevant information contained in the website before using the service and it will be assumed that each user is aware of every information provided in the website.
Midway Securities Ltd. Beta Program Agreement
This Beta Program Agreement (“Agreement”) is between Midway Securities Ltd. and its affiliates (“QuickTrade Pro”, “Midway Portal,” “we,” or “us”) and you (or “User”). Through this Agreement, we grant you early access to certain products, features, and functionalities in development (collectively, “Beta Products”) for testing and feedback purposes (the “Purpose”).
8.1. Purpose and Acceptance of Terms
By participating in the Beta Program, you acknowledge that:
Beta Products are pre-release features identified as "alpha," "beta," "preview," "early access," or similar and may contain inaccuracies, bugs, or experience interruptions.
Your use of the Beta Products is intended to help us identify and resolve issues before a broader public release.
Acceptance of this Agreement is required to participate in the Beta Program and use Beta Products.
8.2. Limitations of Liability
By using Beta Products, you agree to accept the following risks:
Data discrepancies, errors, system interruptions, and changes without prior notice.
No Liability: Midway Securities Ltd. shall not be liable for any damages arising from the use of Beta Products. Use at your own risk.
No Guarantees: Midway Securities Ltd. makes no guarantee regarding the availability, reliability, or accuracy of Beta Products, which may not be subject to the same security standards as our general offerings.
8.3. Authority to Bind Organization
If using Beta Products on behalf of an organization, you represent that you have the authority to bind the organization and its users to this Agreement.
8.4. Use of Beta Products and Confidentiality
Confidential Information: You agree to treat as confidential any technical or business information disclosed as part of the Beta Program. This includes Beta Products themselves, designated “Confidential Information.”
Use Limitation: Confidential Information is only for the Purpose outlined above, and you agree not to disclose it to third parties without prior written consent from Midway Securities Ltd.
Disclosure Required by Law: Should a legal requirement arise to disclose Confidential Information, notify us in advance so we may seek to prevent or limit disclosure.
Intellectual Property: Midway Securities Ltd. retains all rights, title, and interest in the Confidential Information. No rights are granted beyond this limited-use purpose.
8.5. License and Restrictions
License Grant: We grant you a limited, non-transferable, revocable license to use Beta Software solely to access the Beta Products, as long as you comply with this Agreement.
Prohibited Actions: Reverse engineering, decompiling, or modifying Beta Products or assisting others in doing so is strictly prohibited unless permitted by an open-source license accompanying a Beta Product component.
8.6. Termination and Changes to Agreement
Termination: We reserve the right to terminate your access to Beta Products at any time, for any reason.
Survival of Confidentiality Obligations: Obligations regarding Confidential Information will survive termination of this Agreement for five (5) years following disclosure.
Modifications: This Agreement may be updated periodically. Changes will be posted on our website. Continued use of Beta Products after such updates signifies acceptance of the revised terms.
8.7. Publicity and Acknowledgment
Neither party may publicly use or reference the other party’s name, Confidential Information, or participation in the Beta Program without prior written consent, except as required by law.
8.8. Equitable Relief
Unauthorized use or disclosure of Confidential Information could cause irreparable harm to Midway Securities Ltd. As such, we reserve the right to seek immediate equitable relief, in addition to other available legal remedies, to prevent unauthorized use or disclosure.
Welcome to QuickTrade Pro, an online stock trading platform provided by Midway Securities Ltd. (TREC 142), operating at the Dhaka Stock Exchange PLC (DSE). By signing up for and using the QuickTrade Pro app, you agree to the following terms and conditions (the "Agreement"). Please read them carefully before proceeding.
By registering for an account or using any services provided by QuickTrade Pro, you acknowledge that you have read, understood, and agreed to be bound by these terms and conditions. If you do not agree, you may not use the app or any related services.
To use the app, you must create an account by providing accurate and complete information, including your name, contact details, and any other information requested during registration. You are responsible for maintaining the confidentiality of your account information and all activities under your account.
You must be at least 18 years old to use this app. By accepting these terms, you confirm that you meet this age requirement and have the legal authority to enter into this Agreement.
You are responsible for maintaining the confidentiality of your login credentials and for any actions taken using your account.
You agree to provide accurate and current information and update your account if any details change.
You must use the app in compliance with all applicable laws, including securities regulations set by the Dhaka Stock Exchange PLC (DSE) and the Bangladesh Securities and Exchange Commission (BSEC).
QuickTrade Pro provides tools to execute stock trades and view market data. You agree that Midway Securities Ltd. is not liable for any losses incurred due to your investment decisions.
All trades executed on QuickTrade Pro are subject to the rules of the DSE and BSEC regulations.
You acknowledge that stock trading carries inherent risks, including potential losses, and that past performance is not indicative of future results.
By using this app, you authorize Midway Securities Ltd. to execute transactions on your behalf as per your instructions and market availability.
QuickTrade Pro charges transaction fees and commissions for executing trades, as outlined in the app's fee schedule. Fees are subject to change and will be communicated through updates.
You agree to pay any applicable taxes, charges, or fees imposed by regulatory authorities related to your trades.
Market data provided by QuickTrade Pro is for informational purposes only and may be delayed or inaccurate. Midway Securities Ltd. makes no warranty regarding the accuracy or completeness of this data.
You should independently verify any data before making investment decisions
QuickTrade Pro collects and uses personal information in accordance with our Privacy Policy. You consent to the collection, use, and sharing of your personal data for the purpose of providing our services.
We employ reasonable security measures to protect your information but cannot guarantee complete security against unauthorized access or breaches.
Limited Liability: Midway Securities Ltd. does not guarantee that the QuickTrade Pro app, whether accessed via mobile or web browser or any other medium, will be free from errors, bugs, or interruptions. While we strive to provide a seamless experience, you acknowledge and accept that there may be technical issues or system failures that could affect your ability to trade or access market information.
Trading Risks Due to Errors or Bugs: Midway Securities Ltd. shall not be held liable for any direct, indirect, or consequential damages, including trading losses, resulting from errors, technical glitches, bugs, or system failures within the app. This includes, but is not limited to:
Delayed or missed trades due to app malfunction.
Incorrect data displayed within the app, including stock prices, transaction confirmations, or account balances.
Inability to execute trades due to system downtime or outages, whether planned or unplanned.
Security breaches or unauthorized access to your account due to factors beyond our control.
No Guarantee of Accuracy: Market data, trade confirmations, and portfolio information provided by QuickTrade Pro, whether accessed via mobile or web browser or any other medium, may be subject to delays or inaccuracies. You should not rely solely on the app for time-sensitive trading decisions. Midway Securities Ltd. assumes no responsibility for losses incurred due to the inaccuracy or untimeliness of such information.
In the event of any claims, damages, or losses arising from your use of QuickTrade Pro, Midway Securities Ltd.'s liability will be limited to the total amount of fees you have paid to us in the 12 months preceding the incident. Under no circumstances shall Midway Securities Ltd. be responsible for:
Losses of profits, income, or savings.
Trading losses due to app errors or performance issues.
Loss of data, business, or reputation.
Force Majeure: Midway Securities Ltd. will not be liable for any failure to perform its obligations under these Terms and Conditions due to circumstances beyond our control, including but not limited to acts of nature, government regulations, cyberattacks, network outages, or other technical disruptions.
User Responsibility: You agree to monitor your account and trades independently of QuickTrade Pro and to implement alternative measures for managing risks associated with your investments. This includes using alternative communication channels, such as contacting our customer service team in the event of app errors or issues.
QuickTrade Pro, including all logos, designs, trademarks, and content, is the intellectual property of Midway Securities Ltd. You may not copy, reproduce, or distribute any content from the app without express written permission.
Midway Securities Ltd. reserves the right to suspend or terminate your account at any time if you violate these terms, engage in illegal activities, or abuse the app.
You may terminate your account by notifying us in writing.
Midway Securities Ltd. may modify these Terms and Conditions at any time. Updates may be communicated via the app, website, email or any other medium. Your continued use of the app after the effective date of changes constitutes your acceptance of the updated terms.
This Agreement is governed by the laws of Bangladesh. Any disputes that cannot be resolved amicably by the Parties will only be Settled first via Arbitration Conducted under the Bangladesh International Arbitration Centre (BIAC) Rules then in force. It is mutually agreed that the verdict of the BIAC Tribunal will be Final and Binding on both Parties.
For any questions or concerns, please contact us at: Midway Securities Ltd.
Email: it@midwaybd.com
Hotline: 09609 100 142
Address: Midway Securities Ltd.
DSE TOWER (Room 219)
Plot 46, Road 21,
Nikunja 2, Level 11
Midway Securities Ltd. ("Midway," "we," "us," or "our"), including our subsidiaries, affiliates, platforms (such as QuickTrade Pro and Midway Portal), and technologies (including the website at www.midwaybd.com), is committed to protecting your privacy and the security of your personal information. This Privacy Policy explains how we collect, use, and disclose your personal information when you use our services and interact with our platforms.
We respect your privacy and take data protection seriously. We only collect and use your personal information as described in this Privacy Policy. You can visit our website and browse without providing any personal details.
We collect personal information from you when you use our services, create an account, or interact with our platforms. This information may include:
Personal Information: Name, address, phone number, email address, date of birth, and other information you provide to identify yourself.
Account Information: Usernames, passwords, and other information necessary to maintain your account.
Financial Information: Bank account details and other financial information necessary for transactions within the platform (collected via secure third-party payment processors).
Usage Data: Information about your activity on our platforms, such as pages viewed, features used, and search queries.
Device Information: Information about the device you use to access our services, such as device type, operating system, IP address, and browser type.
We use your personal information for the following purposes:
To provide and improve our services: We use your information to create and manage your account, process transactions, fulfill your requests, provide customer support, and personalize your experience.
To communicate with you: We may use your contact information to send you important information about our services, including account updates, security alerts, and promotional offers. However, we will only send you marketing communications with your consent, which you can withdraw at any time.
To comply with legal requirements: We may use your information to comply with applicable laws and regulations, including anti-money laundering and know-your-customer (KYC) requirements.
To improve our security: We use your information to help us detect and prevent fraud, abuse, and other security threats.
We will not sell, trade, or rent your personal information to third parties without your consent. However, we may share your information with the following entities:
Third-party service providers: We may share your information with trusted third-party service providers who perform services for us, such as payment processing, data storage, and customer support. These providers are contractually obligated to protect your information and only use it for the specific purposes we authorize.
Regulatory authorities: We may disclose your information to government or regulatory bodies if required by law or to respond to a legal process.
Business transfers: In the event of a merger, acquisition, or asset sale, your information may be transferred to the acquiring entity.
We will retain your personal information for as long as necessary to fulfill the purposes described in this Privacy Policy, unless a longer retention period is required by law. We will then securely delete or anonymize your information.
We implement appropriate technical and organizational measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. However, no method of transmission over the internet or electronic storage is 100% secure. While we strive to protect your information, we cannot guarantee its absolute security.
Our services are not intended for children under the age of 18. We do not knowingly collect personal information from children under 18. If you are a parent or guardian and you believe that your child has provided us with personal information, please contact us immediately.
We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the revised Privacy Policy on our website.
By using our services, you acknowledge that you have read, understood, and agreed to this Privacy Policy
CDBL Participant, Dhaka / Chittagong / Sylhet, Bangladesh
Dear Sir,
Please open a Depository account (BO Account) in my/our names(s) on the terms and conditions set out bellow. In consideration of Midway Securities Ltd. (the “CDBL Participant”) opening the account providing depository account facilities to me/us, I/we have signed the BO Account Opening Form as a token of acceptance of the terms and conditions set out bellow.
1. I/we agree to be bound by The Depositories Act, 1999, Depositories Regulations, 2000, The Depository (User) Regulations 2003, and abide by the Bye Laws and Operating Instructions issued from time to time by CDBL.
2. CDBL shall allocate a unique identification number to me/us (Account Holder BO ID) for the CDBL Participant to maintain a separate Account for me/us, unless the I/we instructs the CDBL Participant to keep the securities in an Omnibus Account of the CDBL Participant. The CDBL Participant shall however ensure that my/our securities shall not be mixed with the CDBL Participant’s own securities.
3. I/we agree to pay such fees, charges and deposits to the CDBL Participant, as may be mutually agreed upon, for the purpose of opening and maintaining my/our account, for carrying out the instructions and for rendering such other services as are incidental or consequential to my/our holding securities in and transacting through the said depository account with the CDBL Participant.
4. I/we shall be responsible for:
(a) The veracity of all statements and particulars set out in the account opening form, supporting or accompanying documents;
(b) The authenticity and genuineness of all certificates and/or documents submitted to the CDBL Participant along with or in support of the account opening form or subsequently for dematerialization;
(c) Title to the securities submitted to the CDBL Participant from time to time for dematerialization;
(d) Ensuring at all times that the securities to the credit of my/our account are sufficient to meet the instructions issued to the CDBL Participant for effecting any transaction / transfer;
(e) Informing the CDBL Participant at the earliest of any changes in my/our account particulars such as address, bank details, status, authorizations, mandates, nomination, signature, etc.;
(f) Furnishing accurate identification details whilst subscribing to any issue of securities.
5. I/we shall notify the CDBL Participant of any change in the particulars set out in the application form submitted to the CDBL Participant at the time of opening the account or furnished to the CDBL Participant from time to time at the earliest. The CDBL Participant shall not be liable or responsible for any loss that may be caused to me/us by reason of my/our failure to intimate such change to the CDBL Participant at the earliest.
6. Where I/we have executed a BO Account Nomination Form
a) In the event of my/our death, the nominee shall receive/draw the securities held in my/our account
b) In the event, the nominee so authorised remains a minor at the time of my/our death, the legal guardian is authorised to receive/draw the securities held in my/our account.
c) The nominee so authorised, shall be entitled to all my/our account to the exclusion of all other persons i.e., my/our heirs, executors and administrators and all other persons claiming through or under me/us and delivery of securities to the nominee in pursuance of this authority shall be binding on all other persons.
7. I/we may at any time call upon the CDBL Participant to close my/our account with the CDBL Participant provided no instructions remain pending or unexecuted and no fees or charges remain payable by me/us to the CDBL Participant. In such event I/we may close my/our account by executing the Account Closing Form if no balances are standing to my/our credit in the account. In case any balances of securities exist in the account the account may be closed by me/us in one of the following ways:
(a) By rematerialization of all existing balances in my/our account;
(b) By transfer of all existing balances in my/our account to one or more of my/our other account(s) held with any other CDBL Participant(s);
(c) By rematerialization of a part of the existing balances in my/our account and by transferring the rest to one or more of my /our other account(s) with any other CDBL Participant(s);
8. CDBL Participant covenants that it shall
a) act only on the instructions or mandate of the Account Holder or that of such person(s) as may have been duly authorized by the Account Holder in that behalf.
b) not effect any debit or credit to and from the account of the Account Holder without appropriate instructions from the Account Holder.
c) maintain adequate audit trail of the execution of the instructions of the Account Holder.
d) not honour or act upon any instructions for effecting any debit to the account of the Account Holder in respect of any securities unless:
(i) Such instructions are issued by the Account Holder under his signature or that of his/its constituted attorney duly authorized in that behalf;
(ii) The CDBL Participant is satisfied that the signature of the Account Holder under which instructions are issued matches with the specimen of the Account Holder or his / its constituted attorney available on the records of the CDBL Participant;
(iii) The balance of clear securities available in the Account Holder’s account are sufficient to honour the Account Holder’s instructions.
e) furnish to the Account Holder a statement of account at the end of every month if there has been even a single entry or transaction during that month, and in any event once at the end of each financial year. The CDBL Participant shall furnish such statements at such shorter periods as may be required by the Account Holder on payment of such charges by the Account Holder as may be specified by the CDBL Participant. The Account Holder shall scrutinize every statement of account received from the CDBL Participant for the accuracy and veracity thereof and shall promptly bring to the notice of the CDBL Participant any mistakes, inaccuracies or discrepancies in such statements.
f) promptly attend to all grievances / complaints of the Account Holder and shall resolve all such grievances /complaints as it relate to matters exclusively within the domain of the CDBL Participant within one month of the same being brought to the notice of the CDBL Participant and shall forthwith forward to and follow up with CDBL all other grievances / complaints of the Account Holder on the same being brought to the notice of the CDBL Participant and shall endeavour to resolve the same at the earliest.
9. The CDBL Participant shall be entitled to terminate the account relationship in the event of the Account Holder:
(a) Failing to pay the fees or charges as may be mutually agreed upon within a period of one month from the date of demand made in that behalf;
(b) Submitting for dematerialization any certificates or other documents of title which are forged, fabricated, counterfeit or stolen or have been obtained by forgery or the transfer whereof is restrained or prohibited by any direction, order or decree of any court or the Securities and Exchange Commission;
(c) Commits or participates in any fraud or other act of moral turpitude in his / its dealings with the CDBL Participant;
(d) Otherwise misconducts himself in any manner.
10. Declaration and Signature
I/we hereby acknowledge that I/we have read and understood the aforesaid terms and conditions for operating Depository Account (BO Account) with CDBL Participant and agree to comply with them.