ETF. Based on the current requirements on margin trading of SSE and of SZSE, each of SSE and SZSE will suspend further margin trading in an ETF eligible for margin trading on its market after both of the balance of margin trading and the market value of the collaterals in the margin account reaches 75% of the ETF’s listed and tradable market capitalisation. When any one of the percentages drops below 70%, SSE/SZSE will allow margin trading to resume. Neither we nor any Related person shall have any obligation to update you in respect of the list of Eligible Margin Trading Securities or any restrictions or suspensions in respect of margin trading from time to time.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement