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Amendments

Title:

Operating Rules for Securities Lending by Securities Firms  CH

Amended Date: 2023.08.17 
Categories: Securities Exchange Market > Borrowing of Securities

Title: Operating Rules for Securities Lending by Securities Firms(2008.03.05)
Date:
Article 14 Where a securities firm conducts securities lending, the securities firm and the customer shall negotiate and fix the rate at which the transaction will be executed, at a rate not to exceed 20 percent per annum, and with a tick of 0.01 percent.
The method for the calculation and collection of the securities lending fee shall be negotiated between the securities firm and customer and recorded in the agreement, provided that any fee arising from refinancing under Article 22, paragraph 2 of the Regulations Governing Securities Lending by Securities Firms shall be borne by the securities firm.