Security futures intermediary
A clearing house is an intermediary between buyers and sellers of financial Instruments include options, financial and commodity futures, security futures and Structure and regulation of Hong Kong's securities and futures markets and futures, and leveraged foreign exchange trading intermediaries, supervising and "futures intermediary" means a person who. (a) is registered as a dealer permitted to trade in futures contracts, whether as principal or agent, under the securities 289) (“Act”) and applies to capital markets intermediaries. 2. DEFINITIONS. 2.1 For the purposes of this Notice –. “capital markets intermediary” means –. (a)
In finance, a derivative is a contract that derives its value from the performance of an underlying Some of the more common derivatives include forwards, futures, options, or other intermediary, and exchange-traded derivatives (ETD) that are traded For the fourth quarter 2017 the European Securities Market Authority
The term "Security future" and "security futures product," as those terms are so are the firms that act as intermediaries in the products and the market son which 23 Jan 2015 Division of Swap Dealer and Intermediary Oversight and security-based swaps . As part of future delivery, security futures product, or swap. (d) a margin loan in so far as it is in respect of a securities account or futures account maintained by a financial intermediary;. (e) any combination of agreements 16 Feb 2020 The International Organization of Securities Commissions issued a Dealer and Intermediary Oversight at the Commodity Futures Trading This disclosure statement discusses the characteristics and risks of standardized security futures contracts traded on regulated U.S. exchanges. At present Items 1 - 13 (i) Financial relations between a customer and a security futures intermediary to the extent that they comply with a portfolio margining system under (1) Notwithstanding paragraph (c)(1)(iii) of this section, a security futures intermediary need not value a margin equity security at its Regulation T collateral value when determining whether the required margin for the security futures and related positions in a futures account is satisfied, provided that:
16 Feb 2020 The International Organization of Securities Commissions issued a Dealer and Intermediary Oversight at the Commodity Futures Trading
(7) "Entitlement holder" means a person identified in the records of a securities intermediary as the person having a security entitlement against the securities intermediary. If a person acquires a security entitlement by virtue of Section 8-501(b)(2) or (3), that person is the entitlement holder. “(1) A Person that is registered as a "clearing agency" under the federal securities laws; a Federal Reserve Bank; any other person that provides clearance or settlement services with respect to a Book-entry Security that would require it to register as a clearing agency under the federal securities laws but for an exclusion or exemption from the
This will normally be required for an applicant that is new to the securities and futures market of Hong Kong and in cases regarded as especially complex. If you intend to conduct Initial Public Offering sponsor activities, you are expected to do so through a Type 6 licensed corporation within the same group.
Security Interest is subject and subordinate to Commodity Intermediary’s Senior Security Interest to the extent and only to the extent such Senior Security Interest secures any and all obligations owing to the Commodity Intermediary, including any and all margin, settlement or payment obligations and
The Commodity Futures Trading Commission’s Division of Clearing and Intermediary Oversight (DCIO) has issued an Advisory regarding the offer and sale of foreign security futures products (FSFPs) to investors in the United States.
(1) Notwithstanding paragraph (c)(1)(iii) of this section, a security futures intermediary need not value a margin equity security at its Regulation T collateral value when determining whether the required margin for the security futures and related positions in a futures account is satisfied, provided that: With the passage of the CFMA, broad-based security index futures, which are not considered security futures products, continue to trade under the sole jurisdiction of the CFTC, while security futures products are subject to the joint jurisdiction of the CFTC and the Securities Exchange Commission (SEC). Security Futures Products Security futures products (SFP) are futures whose underlying instrument is either a single security or a narrow-based security index. SFPs are considered both a futures and securities contract and are regulated by both the SEC and the CFTC. An intermediary is a person who acts on behalf of another person in connection with futures, swaps, or options trading. Intermediaries are generally required to register with the Commission and, depending on the nature of their activities, may be subject to various financial, disclosure, reporting, and recordkeeping requirements. Regulation 15 of the Intermediary Regulations: This requires an intermediary as well as its directors, officers, employees, and key management personnel (henceforward, “related persons”) to disclose any direct or indirect interest of itself or its dependents in any security of which it renders any investment advice. Further, it forbids them from rendering any investment advice unless they have reasonable grounds to believe that the recommendation is suitable. However, the SEBI does not Intermediaries. To ensure that Hong Kong's securities and futures industry abides by high standards, we require that individuals and corporations meet qualifying criteria to enter the industry. We also require compliance with the Securities and Futures Ordinance and subsidiary regulatory requirements for intermediaries. Accordingly, our Intermediaries Division plays an important role in the SFC's mission of strengthening the integrity and soundness of the Hong Kong securities and futures Designate a Security Manager; Establish or delete a user's security account; Assign or update the security levels for users; and; Reset users' passwords. ORS Security Information. ORS will assign a user name and temporary password for each user the Security Manager establishes. The Security Manager should provide this information to the user. The first time the user logs in, the user will be prompted to change their password.
Security Futures Products Security futures products (SFP) are futures whose underlying instrument is either a single security or a narrow-based security index. SFPs are considered both a futures and securities contract and are regulated by both the SEC and the CFTC. An intermediary is a person who acts on behalf of another person in connection with futures, swaps, or options trading. Intermediaries are generally required to register with the Commission and, depending on the nature of their activities, may be subject to various financial, disclosure, reporting, and recordkeeping requirements. Regulation 15 of the Intermediary Regulations: This requires an intermediary as well as its directors, officers, employees, and key management personnel (henceforward, “related persons”) to disclose any direct or indirect interest of itself or its dependents in any security of which it renders any investment advice. Further, it forbids them from rendering any investment advice unless they have reasonable grounds to believe that the recommendation is suitable. However, the SEBI does not