EQUITY

  • If an error in placement occurs, it can be transferred to the Clearing Member's (CM) main account so that they may serve the obligation using a collateral deposit or COLDP instruction.

  • This situation can occur if there is a change in SID or an error in inputting trading ID when placing the order, and the settlement shall use the collateral deposit or COLDP instruction.

  • SIDs will be updated every day in accordance with KSEI’s provisions, however, if an SID still has an obligation due, then the settlement will be carried out using the CM’s main account.

  • The customer’s transactions become Main 004 transactions of the CM, so they must be settled by the CM.

  • The CM must ensure that the account holder (customer) has no obligations to settle, because the account cannot be changed if it still has unsettled obligations.

  • There is only one 001 Account available to be mapped to a 004 Account for settlement. Therefore, if another 001 Account is performing a transaction, the connected account must be transferred to the account mapped to the 004 account for settlement.

     

  • It can be transferred after the final settlement using BTP instruction for money and SECTRP instruction for stocks in the EAE system.

  • Both securities transfer and/or book transfer in the Regular Market can be netted with securities transfer and/or book transfer in the Cash Market.

     

  • ACS = 125% x Stock Volume x Highest Price
    The highest price is the price compared between the stock price in the 1st session and the 2nd session on the date (T+0) with the price in the 1st session on (T + 2) for the Regular Market. Meanwhile, for the Cash Market, it is the price on the date (S+0) or in the 1st session on the same day.

     

     

  • The book transfer for ACS settlement obligation is performed through the CM’s main 004 account.