deposited with other securities companies or deposited with the securities depository. Clause 3. A securities company may undertake short sales for itself or for a customer only in the following cases: (1
deposited with other securities companies or deposited with the securities depository. (Translation) - 2 - Clause 3. A securities company may undertake short sales for itself or for a customer only in the
derivatives broker; (2) “ derivatives exchange ” means any derivatives exchange licensed by the Securities and Exchange Commission; (3) “ initial margin ” means the minimum amount of asset to be deposited by a
derivatives broker; (2) “derivatives exchange” means any derivatives exchange licensed by the Securities and Exchange Commission; (3) “initial margin” means the minimum amount of asset to be deposited by a
shall be deposited at least one hour before the closing time of normal trading session on the next business day from the date that derivatives was executed; (b) in case of clients other than sub clause (a
require its clients to deposit a margin within the specified period as follows: (1) For initial margin: (a) in case of institutional clients or market makers, the margin shall be deposited at least one hour
, which is equivalent to the rate of 1.08 percent per annum plus 1.00 percent. Such amount is even more than the return that the Company may have obtained if it had continually deposited such amount with a
Securities and Exchange Commission SorThor. 25/2550 Re: Prescription of the Rate or Value of Property Deposited as Margins 31/08/2007 16/09/2007 4. Notification of the Office of the Securities and Exchange