Standards Governing the Establishment of Futures Commission Merchants Article 27

The provisions of Article 9 and Article 10 of these Standards shall apply mutatis mutandis to domestic securities firms applying for concurrent operation of futures business; provided, however, that domestic securities firms applying for concurrent operation of futures brokerage business pursuant to Article 25, paragraph 2 of these Standards shall be required to make a deposit at the time of application for approval into the financial institution designated by the FSC, in accordance with the following provisions:1. Those applying for concurrent operation of the futures brokerage services set forth under Article 25, paragraph 2, subparagraphs 1 through 3 shall deposit 15 million New Taiwan Dollars.2. Those applying for concurrent operation of the futures brokerage services set forth under Article 25, paragraph 2, subparagraph 4 shall deposit 25 million New Taiwan Dollars.