) having a system capable of supporting trading volumes adequately and checking the clearing and settlement ability of the service user before sending trading orders; (b) having a clearing and settlement
Related to Capital Market Which Are Not Deemed An Undertaking of Derivatives Exchange and Derivatives Clearing House for Which an Approval Is Required _______________________ By virtue of Section 3 and
reference. Notification of the Securities and Exchange Commission No. Kor Thor. 50/2548 Re: Preparation and Disclosure of Financial Statements of Derivatives Exchange and Derivatives Clearing House By virtue
its possession; 2. investing in or holding securities for investment by the securities company itself; 3. bearing a responsibility for the clearing and settlement for securities. (2) twenty-five million
already been put in place to handle situations that may affect business operation and to reaffirm readiness of the stock exchange, the debt market and the derivatives market, including the clearing and
areas, namely securities regulation reviewed under 37 IOSCO Objectives and Principles of Securities Regulation, and the clearing and settlement infrastructures reviewed under the Principles for Financial
client's assets in custody, no proprietary trading, and no responsibility in clearing and settlement of securities. In addition, the lower rate of annual license fee will be offered for companies selling at