MIR-2.2.8
The licensed clearing
(a) Facilitating the deposit of securities ;
(b) Clearing and settlement of securities transactions as principal;
(c) Clearing and settlement of securities transactions as agent;
(d) Facilitating registration of dealings in deposited securities;
(e) Provide custody services to deposited securities ;
(f) Facilitating netting of transactions in deposited securities ;
(g) Facilitating the securities lending, including repurchase agreements and other economically equivalent transactions;
(h) Finality of settlement;
(i) Facilitating margin trading, and securities lending and borrowing;
(j) Ensure achievement of Delivery versus Payment;
Thelicensed clearing house may restrict its members from undertaking part of the abovementioned regulated activities .
The
Adopted January 2010