manner, and operate appropriately and correspond with the standards established by an international organization concerning capital market supervision, each derivatives clearing house shall operates in

the standards established by an international organization concerning capital market supervision, each securities clearing house and central securities depository shall follow principles in the

a derivatives clearing house granted a license from the SEC or registered with the SEC Office, or by a person granted an approval to operate under a regulatory sandbox in the same manner as a

, as the case may be; 2 (d) having a plan to report the results of the experiment and progress of service provision to the SEC Office on a continuous basis; (e) having a clear exit strategy in case of

, purchasing power is still weak and no clear sign of recovery in sight. To strengthening their competitive edge in other to enlarge market share, the players have to focus on boosting sales figures rather than

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