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友善列印
WORD

Amended Article

Title:

Directions for the Full Implementation of the Book-Entry Transfer System in the Centralized Securities Exchange Market  CH

Amended Date: 2015.06.04 
Categories: Securities Exchange Market > Clearing and Settlement
6     Under otherwise stipulated below, the provisions in Paragraphs 1 to 3 with respect to the opening of deposit account and the receipt and payment of funds apply to payments made or received for securities trading:
  1. The TWSE otherwise permits settlements by account transfer (remittance).
  2. The principal has authorized the securities broker to keep custody of and invest the principal's funds.
  3. The principal has authorized the securities broker to invest balances of funds from the trading of securities on behalf of the principal.
  4. The principal has authorized the securities broker to invest the settlement funds payable to clients in respect of securities business in the brokerage business of the money market.
  5. The principal agrees the securities broker may keep the settlement funds in the settlement account of the securities firm.
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