^If (a) the Trade Date of an Original Transaction precedes the date on which such Original Transaction is submitted to OTC Clear for registration; or (b) the aggregate notional amount of Contracts cleared by a Clearing Member exceeds an amount notified in a Clearing Notice to Clearing Members by OTC Clear, the relevant registration fee or such lesser amount as OTC Clear may from time to time agree with the Clearing Member will apply. Please refer Member's Circular for the details of the discount.
(iii) De-registration Fee
HK$ 250 in respect of the de-registration of any contract. For the avoidance of doubt, the de-registration fee is applicable to contracts that have been de-registered via de-registration requests that fulfil the conditions set out in either section 3.6.1(i) or section 3.6.1(ii) of OTC Clear Clearing Procedures.
(iv) Password Reset Fee
HK$ 50 per password reset or retrieval from the Web Portal.
(v) Fee for Retrieval of Historic Reports and the Printing of Reports
HK$ 5 per page, to a maximum of HK$ 1,000 per report.
For details of the different clearing fees, please refer to Appendix I of the Clearing Procedures.
(vi) Accommodation Charges for Non-cash Collateral
An accommodation charge will be charged monthly in arrears to each Clearing Member, calculated at the rate of 0.15%p.a. of the average daily aggregate principal amount of non-cash Collateral outstanding across each Clearing Member’s Collateral Accounts over the immediately preceding month.
(vii) Fee for Porting of Contracts between Position Accounts held by the Same Clearing Member
HK$ 10,000 per request
(viii) Fee for Porting of Some or All Contracts to a Transferee Clearing Member
(a) Partial Porting of Contracts: HK$ 20,000 per request
(b) Full Porting of Contracts: HK$ 20,000 per request
For the avoidance of doubt, no fees will be charged for the porting of Contracts and Collateral held by a Defaulting Clearing Member to a Replacement Clearing Member upon the occurrence of a DMP Event.
(ix) Fee for Each Request for Deposit, Porting or Withdrawal of Non-cash Collateral
(a) Deposit: Charge at cost
(b) Porting: Charge at cost
(c) Withdrawal: Charge at cost
For the avoidance of doubt, no fees will be charged for the porting of non-cash Collateral held by a Defaulting Clearing Member to a Replacement Clearing Member upon the occurrence of a DMP Event.