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Article 9
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A securities firm may only accept customer funds from any of the following sources in its conduct of business relating to custody and investment on behalf of customers:
- Trading balance payable by the securities firm to the customer for execution of the customer's order to buy or sell securities on the exchange or OTC market.
- Amount payable by the securities firm to the customer for exercise of a call/put warrant.
- Trading balance payable by the securities firm to the customer for trading bonds or engaging in a repurchase or reverse repo transaction ("repo-style transaction") with the customer.
- Trading balance payable by the securities firm to the customer for trading with the customer any of the financial instruments defined in the GreTai Securities Market Rules Governing Over-the-Counter Trading of Financial Derivatives by Securities Firms.
- Trading balance payable by the securities firm to the customer for execution, either by the securities firm or by its sub-broker, of the customer's order to buy or sell foreign securities.
- Such other sources as the competent authority may designate.
A securities firm shall, pursuant to its agreement with a customer specifying part or all of the sources/types of customer funds described in the preceding paragraph and the corresponding amount limit, transfer and attribute any balance of such funds arising from such types from time to time, for inclusion within the scope of business hereunder.
Upon review of the settlement status of a customer's trade involving any of the agreed types of customer funds under the preceding paragraph, the securities firm shall forward the incurred balance of funds to the cash management account it maintains with a bank, on the same day on which it receives the balance transferred to it.
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