initial margin is minimal when compared to the value of derivatives contract. Keeping this in mind when there is a significant change in market price of the future contract investor can make large amount of
compared with the preceding year. □ 2. Supporting documents for consideration under Clause 4 (2): □ (1) Violation record, under the law specified in the Notification, of an applicant, directors, managers and
with short position) are required to make an initial margin deposit with their futures agent to secure their performance under futures contracts. Since the amount of initial margin is small compared to
preceding year, industrial and competition outlook with regard to, for example, an approximate number of competitors, the Company's size compared with that of the competitors, competitiveness and potential
of money used in investment is immaterial compared to the deposited amount; (9) terms and conditions of the client’s payments and settlements indicate an attempt to avoid conducting transactions
, the price per unit (if applicable), and the investment limit compared to the investment to the private fund’s net asset value by indicating whether such transaction has the nature of a transaction with
); (8) information relating to performance of a mutual fund, proposed to a client , compared with other mutual funds in the same investment policy. In this regard, the information of other mutual funds
information previously disseminated; (3) an article or research paper whose content does not emphasize or focus specifically on the underwritten securities or other related securities, compared to other general
securities or other related securities, compared to other general articles or research paper previously prepared and disseminated; (4) an article or research paper which contains a statement indicating the
of transaction, value of transaction, price per unit (if any) and the investment limit compared with the net asset value of private fund specifying such transaction consistent with any of clause 18(1