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Article NO. Content


Operation Directions for Agency Services Operated by Securities Firms Engaged by Customers to Invest Their Securities Trading Balances  CH

Amended Date: 2015.03.31 
Categories: Securities Exchange Market > Borrowing of Money
Article 7     The Services may only be initiated after a brokerage account has been opened.
    Customers entrusting the securities firm to operate the Services must be customers who already have a trading account
    In performing the Services, the securities firm as engaged by the customer shall transfer the trading securities balances to the securities firm's settlement account. Where, prior to the transfer of funds from the settlement account to the customer's account opened with the financial institution designated by the securities dealer, the customer instructs the securities firm to make a transfer on its behalf on the same day, transfer of the customer's settlement balances must be completed on the same day with no retention, and the securities firm may not open other accounts in the name of itself or the customer.
    A securities firm may set its own limit on the amount of funds to be transferred with regard to the Services.