limited company or public limited company of which shares are held by one or various precious metal trading firm , who undertake precious metal business continuously not less than 3 years, more than 50% of

. Chapter 1 Qualification of Applicant _________________ Clause 3 An applicant applying for the license of precious metal derivatives brokerage shall be newly established limited company or public limited

derivatives brokerage not limited to debt securities derivatives or precious metal derivatives; (3) a licensee having a legal entity in a conglomerate being a securities company which has obtained a securities