exchange; (b) containing no provisions that permit one party having the obligation to deliver goods to settle by cash or set-off with the other party in lieu of the delivery of goods ; and (c) the customary

such units from foreign exchange for making delivery; (2) in case of short selling for client’s account: (a) the client shall demonstrate that it has [i] the enabling asset to be exchanged for ETF units

equivalent to the cash or other returns exchanged plus interest and other similar returns. 14. Payable to clearing house means net balance account of creditor of the Thailand Securities Depository Company