any center or network with the characteristics as specified in the notification of the SEC. “trade in derivatives” means to enter into a derivatives contract. “derivatives position” means an obligation
practice of such contract does not allow the party obliged to deliver goods to be released from the contractual obligations by closing out a derivative position. A contract having the provisions that require
the performance of derivatives contract when a derivative position is initiated. “Maintenance margin” means the minimum amount of asset a customer must maintain as long as the derivatives position is
customer to secure the performance of derivatives contract when a derivative position is initiated; (4) “ maintenance margin ” means the minimum amount of assets to be maintained by a customer as long as the
a period of time in the future as set out in the contract is paid to the other party. 1.2 Risk of Loss in Trading Futures In futures trading, buyers (a party with long position) and sellers (a party
business operation in the category of derivatives broker; “futures” means a contract trading on the derivatives exchange with any one or more of the following characteristics: (1) a contract in which a party
which this Notification comes into force. (2) In case of holding derivatives position, the derivatives broker may continue the holding for the remaining period and shall not extend or renew such contract
หน่วยวัดมาตรฐานของสินค้านั้น (เช่น ทรอยเอานซ์ กิโลกรัม ปอนด์ บาร์เรล) คูณด้วยราคาที่เหมาะสม ของสินค้านั้น (กรณี option ให้คำนวณหา equivalent delta position) กรณีที่เป็นสกุลเงินต่างประเทศให้แปลงค่าเป็นสกุล
this English translation is strictly for reference. 3 Notification of the Securities and Exchange Commission No. Kor Thor. 66/2547 Re: Maintenance of Financial Position of Licensed Derivative Brokers
explained the procedure and measure on price risk management of investment, derivatives and products or underlying issues such as position limit, pricing model, method and frequency in the marking to market