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Article NO. Content

Title:

Operating Rules for Securities Firms Handling Non-Restricted Purpose Loan  CH

Amended Date: 2017.11.27
Article 21     Except in the case of a cash capital increase, beginning from 6 business days before the ex-dividend date of the collateral and supplementary collateral provided by a client, a securities firm may calculate the collateral maintenance ratio for each day based on that day's closing price or net asset value of each security on each given day minus the value of the share rights or dividends, and the provisions of the preceding article shall apply mutatis mutandis.