Net-worth maintenance requires electronic trading platform operators to meet continuous thresholds, certification, and prompt shortfall-restoration obligations. Electronic Trading Platform Operators must continuously maintain the prescribed minimum net worth, with branch operators maintaining it with their parent. ... Summary
Net-worth maintenance requires electronic trading platform operators to meet continuous thresholds, certification, and prompt shortfall-restoration obligations.
Electronic Trading Platform Operators must continuously maintain the prescribed minimum net worth, with branch operators maintaining it with their parent. A higher requirement may be specified according to business nature and scale. Operators must submit an audited net-worth certificate within six months after each financial year closes and must immediately rectify and report any net-worth shortfall within fifteen days.
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