risk haircuts with respect to undertaking securities business or any other operation of a securities company ; (8) “ collateral ” means total sum of pledged assets for exposure to derivatives according
“ derivatives broker ” means a person licensed to undertake derivative business in the category of derivatives brokerage, excluding a commercial bank under the law on financial institution business; (2) “ net
by this Notification shall continue to undertake the licensed derivatives business under the terms and conditions of that license. Clause 24 In respect of any application for derivatives business
conditions of that license. Clause 24 In respect of any application for derivatives business license having been filed with the Office pursuant to the notifications of the Securities and Exchange Commission
business in the category of securities finance business. In this respect, the time to maturity of such bill of exchange or promissory note shall not exceed ninety days, shall not have any restriction on
to undertake business in the category of securities finance business. In this respect, the time to maturity of such bill of exchange or promissory note shall not exceed ninety days, shall not have any
on Standard Conduct of Business with respect to communication with and providing services to clients in the following matters: (1) compilation and assessment of client information shall comply with the
intermediaries to proceed in the same direction in compliance with the Notification on Standard Conduct of Business with respect to communication with and providing services to clients in the following matters: (1
entity established in any other forms as specified in the notification of the SEC. "securities company" means any company, or financial institution licensed to undertake securities business under this Act
. KorThor. 65/2547 Re: Rules for Undertaking Derivatives Business for Licensed Derivatives Broker dated 22 December 2004, The Office of the Securities and Exchange Commission hereby issues the following