holding securities for investment by the securities company itself; (3) Bearing a responsibility for the clearing and settlement for securities. (As amended by Section 5 of the Securities and Exchange Act
Re: Preparation and Disclosure of Financial Statements of Derivatives Exchange and Derivatives Clearing House
Rules, Conditions, and Procedures for Operation of Securities Clearing Houses and Central Securities Depositories
Rules in Detail on Financial Resource and Risk Management of Securities Clearing Houses
Rules in Detail on Financial Resource and Risk Management of Derivatives Clearing Houses
securities. This is to ensure fair treatment between retail investors and foreign institutional investors executing the clearing and settlement of securities through custodian which is a member of TCH. The
an intermediary under receivership by court order for the benefit of managing the clearing and settlement of derivatives or securities of clients , and for the management of clients’ assets having no
intermediary under receivership by court order for the benefit of managing the clearing and settlement of derivatives or securities of clients, and for the management of clients’ assets having no obligations