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Article NO. Content

Title：

Operation Directions for Securities Firms or Securities Finance Enterprises Accepting Applications by Customers to Extend the Durations of Individual Margin Purchases and Short Sales  CH

Repeal Date： 2016.12.30 
Categories： Securities Exchange Market > Margin Transaction
Article Content Content Search Article No. Search Legislative History Chinese
4     Where a customer seeks to amend the number of extensions permitted after executing application documentation for extension on a blanket basis with a securities firm or securities finance enterprise, it shall re-sign the application documentation for extension on a blanket basis with the securities firm or securities finance, and such documentation shall apply to each subsequent margin purchase and short sale upon execution. In the circumstance where the amendment is to reduce the number of extensions permitted and the margin purchase and short sale has been extended as requested, such margin purchase and short sale shall continue until the extension period expires.