On May 23, SSE issued business guide re designated trading business.
SSE issued its Securities trading business guide no. 11 - designated trading business.
Follows SSE Oct. 2024 extended designated trade reporting time by 5 mins, #228914.
Highlights of Business Guide
Any investor who trades securities in the SSE must designate in advance a trading participant (member institution) as the sole trustee of his or her securities trading.
The trading participant shall participate in SSE's securities trading system.
Guide also specifies procedures of handling and cancelation of designated trading, along with designated trading business handling specifications and requirements.
In addition, guide provides a reference sample of designated transaction agreement.
Effectiveness
The guidelines will be effective from Jun. 23, 2025.
