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Article NO. Content

Title：

Directions for Settlement by the Offsetting of Margin Purchases and Short Sales in Margin Trading  CH

Repeal Date： 2016.12.30 
Categories： Securities Exchange Market > Margin Transaction
Article Content Content Search Article No. Search Legislative History Chinese
5     If the principal's cumulative loss from the Settlement of the previous month reaches half of its single-day trading limit or Settlement limit, the securities firm shall suspend such principal's Settlement. If the principal is also qualified to engage in day trades of securities, its profit and loss from the Settlement of the previous month shall be included in the calculation toward the profit and loss of day trades of securities. If the cumulative losses of the two combined reach half of its single-day trading limit or day trading limit, such principal shall be suspended from Settlement and day trading. The securities firm shall re-evaluate the principal's single-day trading limit, Settlement limit or day trading limit after the principal has submitted proof of adequate financial capability, unless the principal is a professional institutional investor.