• Font Size：
  • S
  • M
  • L
友善列印
WORD

Amended Article

Title：

Taiwan Stock Exchange Corporation Rules for Temporary Custody of Securities and Funds for Central Settlement  CH

Amended Date： 2002.07.05 
Categories： Securities Exchange Market > Clearing and Settlement
Article Content Content Search Article No. Search Legal Basis Amended Article Legislative History Chinese
Article 2     In handling central settlement, the TWSE shall, in addition to complying with the applicable laws and regulations, limit the funds for temporary custody to following:
  1. Payments that a securities firm quotes and delivers in accordance with the "Rules Governing Block Trading of Securities" of the TWSE.
  2. Margins that a securities firm delivers by sight check of a bank designated by the TWSE or by cash for handling corrections regarding borrowed securities.
  3. Remittance and promissory notes for advance guarantee that a securities firm provides for handling corrections regarding borrowed securities.
    No fee is charged with respect to the funds for temporary custody in the preceding paragraph.
Article 4     For sight checks and cash that a securities firm delivers for applying for corrections regarding borrowed securities, a statement shall be prepared, and the check and cash shall be delivered to a safe for custody on the same day after settlement.
    The procedure of delivery to and from a safe is governed by the following provisions:
  1. Before delivery to the safe, the handling personnel shall gather the checks and cash, put them into an envelope, seal the envelope, and stamp the stamp on the mouth of the envelope, or do so with security devices.
  2. During delivery to the safe, the handling personnel shall record the time and details of the delivery to the safe in the "temporary custody register" of the TWSE, and submit to a person who is at the level of vice section chief or higher or is designated by a supervisor for verification and supervision of delivery to the safe.
  3. During delivery out of the safe, the handling personnel shall record the time and details of the delivery from the safe in the " temporary custody register" of the TWSE, and submit it to a person who is at the level of vice section chief or higher or is designated by a supervisor for verification and supervision of delivery out of the safe.
    The cash delivered for custody in accordance with the preceding paragraph shall be withdrawn the next day and deposited for custody directly into a special bank account designated by the TWSE.