Standards Governing the Establishment of Futures Commission Merchants Article 20

A foreign futures commission merchant shall, in accordance with the type of business approval it is seeking, allocate the amount specified in Article 8 hereof for operational use by its business office in the territory of the ROC; each branch office approval it obtains shall require the allocation of the monetary amount specified in Article 14 hereof for such branches' operational use.Where a futures commission merchant applies only to engage in sub-brokered foreign futures trading business and does not accept orders from individual futures traders, it shall specially allocate 50 million New Taiwan Dollars for operational use within ROC territory by its business office; each branch office approval it obtains shall require the allocation of the monetary amount specified in Article 14 hereof.