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Chapter 1 - Definitions and Interpretation |
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101 |
Definitions
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102-105 |
Interpretation |
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106 |
Amendment |
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107-108 |
Exclusion of Liability |
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109 |
Governing Law |
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110 |
SEOCH Management of SEOCH Collateral |
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111-113 |
Notice and Other Communications |
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114-115 |
Transitional Provisions |
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Chapter 2 - Clearing by SEOCH |
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201 |
Acceptance for Clearing of Contracts |
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202 |
OCH Contracts and NCP Contracts |
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203-207 |
Terms of OCH Contracts |
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208-209 |
Terms of NCP Contracts |
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210 |
Effect of Give-ups on OCH Contracts and NCP Contracts |
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211 |
Effect of Novation or Discharge |
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212 |
Error Trades |
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213 |
Adjustments to Contracts |
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214 |
SEOCH Price Determinations |
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Chapter 3 - SEOCH Participantship
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301-302 |
Categories of SEOCH Participantship |
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303 |
Qualification |
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304-307 |
Applications |
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308-312 |
Approval |
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313 |
Registration |
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314 |
Publication of a list of SEOCH Participants |
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Chapter 4 - SEOCH Participants' Obligations
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401 |
Compliance with the Clearing Rules |
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402-404 |
Continuing Obligations |
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404A |
Reserve Fund Purpose |
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404B |
Reserve Fund Threshold |
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405-410 |
Reserve Fund Requirements |
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411 |
Maximum Current Liability to Contribute to the Reserve Fund and Provide Assessments |
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411A |
Resources which may be appropriated by SEOCH as contributions to Reserve Fund |
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412-413AB |
SEOCH Use and Order of Application of the Reserve Fund |
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413A-413B |
Accounts of Reserve Fund |
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413C-413E |
Assessments |
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413F-413G |
Replenishment of Reserve Fund |
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413H |
Voluntary Recapitalization
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413I |
Loss Distribution Process |
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413J |
Resignation of SEOCH Participantship for limiting liability following the expiry of the Capped Liability Period |
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414 |
Recoveries |
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415-418 |
No Transfer of SEOCH Participantship |
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419-427 |
Resignation as a SEOCH Participant |
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428-428A |
Confidentiality |
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429-434A |
Clearing Agreements |
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435-437 |
Monitoring by GCPs |
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438 |
Right to Demand Documents |
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439-441 |
Power to Make Inspections |
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442 |
Power of SEOCH to Modify the Terms of Continued Participantship |
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443 |
[Repealed] |
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444-446 |
Tax |
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Chapter 5 - Exercise, Delivery and Settlement |
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501-507
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Exercise
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508-511 |
Delivery and Settlement Under OCH Contracts |
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512 |
[Repealed] |
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513 |
Indemnity |
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Chapter 6 - Risk Management and Payment Procedures |
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601-602 |
Premium and Settlement Amounts |
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603-607 |
Margin and SEOCH Collateral |
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608-610A |
Margin, Premium and Settlement Amounts Calculation |
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611-613A |
Collection of Margin, Premium and Settlement Amounts by SEOCH |
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614-615 |
Intra-day Margin |
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615A |
Special Block Trade Margin |
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616 |
Interest, costs and charges |
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617-620 |
Fees, Levies and Charges |
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621-622 |
SEOCH CCMS Collateral Accounts |
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623 |
[Repealed] |
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624-630 |
Position Limits |
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631 |
Exercise Limits |
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Chapter 7 - Default Procedures |
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701-705 |
Default |
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706-712 |
General |
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713 |
Indemnity |
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714-717 |
GCP Obligations on Default, Resignation or other Relevant Circumstances |
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718-718A |
Suspension of SEOCH Participantship |
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719-721 |
Expulsion |
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722-723 |
Return of Reserve Fund Contributions of an Expelled or Resigning SEOCH Participant |
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723A-723E |
Contract Termination
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723F |
SEOCH Failure to Pay Event |
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723G |
SEOCH Insolvency Event |
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723H |
Calculations of Net Payments under a SEOCH Failure to Pay Event or a SEOCH Insolvency Event |
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723I |
Liability of SEOCH under a SEOCH Failure to Pay Event or a SEOCH Insolvency Event |
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724 |
Default Procedures Prevail |
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Chapter 8 - Disciplinary
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801-802 |
Situations Calling for Disciplinary Action |
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803 |
Co-operation |
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804 |
Notification |
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805 |
Procedures |
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806 |
The SEOCH Board's Disciplinary Powers |
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807 |
Summary Offences |
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Chapter 9 - Emergency Procedures
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901
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Suspension of Access to the Options Clearing System
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902 |
Emergency Committee |
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903 |
Typhoons, Extreme Conditions and Rainstorms |
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904 |
Instructions to SEOCH |
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Chapter 10 - Stamp Duty
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1001
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Stamp Duty Assessment and Collection
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Chapter 11 - DCASS
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1101 |
Introduction |
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1102-1107 |
Connection to DCASS |
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1108-1112 |
DCASS Equipment and Software |
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1112A |
Backup Centre for DCASS |
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1113-1114 |
Liability of SEOCH Participants |
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Chapter 12 - CCMS
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1201 |
Introduction |
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1202-1205 |
Connection to CCMS |
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1206-1210 |
CCMS Equipment and Software |
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1211 |
Backup Centre for CCMS |
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1212-1213 |
Liability of SEOCH Participants |
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Chapter 13 – Clearing Service Termination Event |
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1301-1303 |
Clearing Service Termination Event
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1304 |
Liability of SEOCH under a Clearing Service Termination Event |
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First Schedule |
Process for Substitution and Novation of Options Contracts |
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Second Schedule |
Effect of Give-Ups on OCH Contracts and NCP Contracts |
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