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Article NO. Content


Guidelines for the Commission Agency Services of Securities Firms for Investment in the Money Market of Settlement Money Payable to Clients from Securities Transactions Undertaken on Behalf of Clients  CH

Amended Date: 2015.03.31 
Categories: Market Supervision > Regulation of Securities Firms
Article 18     If the client needs to recover its funds, it shall complete an "Application for Recovery of Funds Invested in the Money Market" before its request will take effect.
    Upon receipt of the above application, the securities firm shall dispose of the applicable underlying investment based on the order of utilization agreed with the client for up to the amount to be recovered by the client, to complete the procedure for the client's application for recovery of funds.
    Transfers of funds by the securities firm to satisfy the client's needs as in the preceding paragraph shall be made to the Securities Firm Money Market Fund Investment Account within the time limit as agreed with the client, before the funds are further transferred to the book-entry account opened by the client for trading of securities on the centralized securities exchange market or GTSM.