| Article 3 |
The securities firm or custodian may perform trade settlement information operations including transmission, matching, account settlement, adjustment, and query, no later than the third business day after the trade date.
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| Article 4 |
A securities firm shall carry out trade settlement information transmission in accordance with the following procedures:
- Perform a "Securities Firm - Trade Settlement Information - Data Media Transmission" transaction (transaction code: B01) to transmit the trade settlement information, or perform a "Securities Firm - Additional Settlement Information of Margin Transactions - Data Media Transmission" transaction (transaction code: B91) to transmit additional settlement information for margin transactions.
- Perform a "Securities Firm - Trade Settlement Information Transmission Query" transaction (transaction code: B02), to check the transmitted trade settlement information, or perform a "Securities Firm - Additional Settlement Information of Margin Transactions - Transmission Query" transaction (transaction code: B92), to check the transmitted additional settlement information of margin transactions.
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| Article 5 |
A securities firm or custodian shall carry out matching of trade settlement information in accordance with the following procedures:
- After TDCC completes the pre-calculation operations on the trade date, the securities firm or custodian may perform a "Trade Settlement Information Matching" transaction (transaction code: B05) to notify TDCC, for purposes of matching the transmitted information and the trade information.
- The custodian may perform a "Custodian – Trade Settlement Information Query/Download" transaction (transaction code: B03/B04), to query or retrieve settlement and day trading data of the securities firm, or perform a "Custodian – Additional Settlement Information of Margin Transactions Query/Download" transaction (transaction code: B93/B94), to query or retrieve additional settlement information of margin transactions of the securities firm.
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| Article 6 |
A securities firm and custodian shall carry out account settlement and affirmation operations in accordance with the following procedures:
- The securities firm, after information transmission is completed, shall perform a "Trade Settlement Information Transmission - Account Settlement/Affirmation" transaction (transaction code: B06; operation type 0: Institutional Account Reconciliation and Settlement Information - Account Settlement/Affirmation), to notify the custodian of the completion of transmission.
- The custodian shall perform a "Trade Settlement Information Transmission - Account Settlement/Affirmation Status Query" transaction (transaction code: B07), to query the affirmation status of settlement information of the securities firm.
- The custodian may use any of the following methods to affirm the settlement information of the securities firm:
- If it performs reconciliation and affirmation on a batch basis, it shall perform a "Trade Settlement Information Transmission - Account Settlement/Affirmation" transaction (transaction code: B06; operation type 0: Institutional Account Reconciliation and Settlement Information - Account Settlement/Affirmation), to give notice that it has already completed reconciliation and affirmation of the securities firm settlement information.
- If it performs reconciliation and affirmation on a trade-by-trade basis or by custodian account number, it shall perform a "Trade Settlement Information Transmission - Account Settlement/Affirmation" transaction (transaction code: B06; operation type 4: Institutional Account Reconciliation and Settlement Information - Trade-by-Trade/Account Number Affirmation), to give notice that it will perform reconciliation and affirmation of the securities firm settlement information on a trade-by-trade basis or by custodian account number, after which it shall follow the following procedures:
- If it performs reconciliation and affirmation on a trade-by-trade basis, it shall perform a "Custodian – Trade Affirmation and Settlement Notification for Sell Trade/Data Media Transmission" transaction (transaction code: K16/K16S; operation type 1: Create Settlement Notification Information), to give notice that it has affirmed the securities firm settlement information, or that it has not affirmed the information and the reason for that. When the custodian has affirmed the information, if it subsequently needs to adjust the status, it shall perform the same transaction, operation type 2: "Delete Settlement Notification Information", to delete the initial reconciliation and affirmation, and then once again perform the same transaction, operation type 1: "Create Settlement Notification Information". When the custodian has not affirmed the information, if it subsequently needs to adjust the status, it shall perform the same transaction, operation type 1: "Create Settlement Notification Information".
- If it performs reconciliation and affirmation by custodian account number, it shall perform a "Custodian - Trade Settlement Information Affirmation and Notification by Account Number/Data Media Transmission" transaction (transaction code: K81/K81S; operation type 1: Create), to give notice that it has affirmed the securities firm settlement information. When the custodian has affirmed the information, if it subsequently needs to adjust the status, it shall perform the same transaction, operation type 2: "Delete", to delete the initial reconciliation and affirmation, and then once again perform the same transaction, operation type 1: "Create".
- The custodian and the securities firm may perform a "Custodian – Trade-by-Trade/Account-Number-Basis Affirmation and Notification Query" transaction (transaction code: K17), to query the affirmation status of the relevant trade information of the custodian.
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| Article 7 |
After transmitting the settlement information, if the securities firm needs to adjust the trade settlement information, it shall follow the following procedures:
- The securities firm shall perform a "Securities Firm - Trade Settlement Information - Data Media Transmission" transaction (transaction code: B01), or perform a "Securities Firm - Additional Settlement Information of Margin Transactions - Data Media Transmission" transaction (transaction code: B91), to retransmit all or part of the trade settlement information.
- After the securities firm has completed the transmission of settlement information and the custodian has carried out batch reconciliation and affirmation under subparagraph 3, item A of the preceding article, or has performed reconciliation and affirmation on a trade-by-trade basis or by custodian account number under subparagraph 3, item B of the preceding article, or has deleted the initial reconciliation and affirmation information under item B.b., if the securities firm subsequently needs to retransmit information, the securities firm shall notify the custodian to perform a "Trade Settlement Information Transmission - Account Settlement/Affirmation" transaction (transaction code: B06; operation type 1: Reopen Institutional Account Reconciliation and Settlement Information), and the securities firm shall then perform a "Trade Settlement Information Transmission Account Settlement/Affirmation" transaction (transaction code: B06; operation type 1: Reopen Institutional Account Reconciliation and Settlement Information), to reopen the account settlement process, and then retransmit the information.
- After the securities firm has completed the transmission of settlement information and the custodian has performed trade-by-trade affirmation under subparagraph 3, item B.a. of the preceding article, if the securities firm subsequently needs to retransmit settlement information, the securities firm may notify the custodian to perform a "Custodian - Trade Affirmation and Settlement Notification for the Sell Trade/Data Media Transmission" transaction (transaction code: K16/K16S; operation type A: Reopen Individual Transaction) and delete the initial reconciliation and affirmation, after which the securities firm shall retransmit the settlement information for that trade.
- After the securities firm has completed the transmission of settlement information and the custodian has performed affirmation by account number under subparagraph 3, item B.b. of the preceding article, if the securities firm subsequently needs to retransmit settlement information, the securities firm may notify the custodian to perform a "Custodian - Trade Settlement Information Affirmation and Notification by Account Number/Data Media Transmission" transaction (transaction code: K81/K81S; operation type A: Reopen Account Number) and delete the initial reconciliation and affirmation for the account number interval, after which the securities firm shall retransmit the settlement information for that account number interval.
- After the securities firm has completed trade settlement information transmission, while it subsequently needs to report an out-trade or account number correction, it shall perform a "Securities Firm - Trade Settlement Information – Data Media Transmission" transaction (transaction code: B01), or perform a " Securities Firm - Additional Settlement Information of Margin Transactions - Data Media Transmission" transaction (transaction code: B91), to retransmit all or part of the information, and TDCC will perform matching upon receiving notice from the custodian.
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| Article 7-1 |
In the case of a custodian that performs reconciliation and affirmation on a batch basis or by custodian account number, the custodian and the securities firm shall follow the following procedures to perform notification for transfer for settlement of sell trades on the first business day after the trade date:
- The custodian shall perform a "Custodian - Notification for Transfer for Sell Trade/Data Media Transmission" transaction (transaction code: B97/B97S; operation type 1: Create) to inform the securities firm of the settlement information of sell trades that should be handled on the second business day after the trade date; however, in the case of day trading of securities, it may inform it simply of the difference by which the total quantity sold exceeds the total quantity purchased.
- When the custodian needs to adjust any notification information, it shall perform a "Custodian - Notification for Transfer for Sell Trade/Data Media Transmission" transaction (transaction code: B97/B97S; operation type 2: Delete), and delete the original notification information, and then proceed as described in the preceding subparagraph.
- After TDCC ends the operation of receiving notification for transfer for sell trades at 3:30 p.m., if the custodian further needs to transmit any notification information, it shall do so after the securities firm performs a "Trade Settlement Information Transmission - Account Settlement/Affirmation" transaction (transaction code: B06; operation type 3: Retransmit Information of Transfer for Sell Trades). The securities firm and custodian may perform a "Trade Settlement Information Transmission - Account Settlement/Affirmation Status Query" transaction (transaction code: B07), to query the reopening or account settlement status of the securities firm transfer for sell trade.
The custodian and securities firm may perform a "Custodian – Notification for Transfer for Sell Trades Query" transaction (transaction code: B98), to query the custodian's notification of the preceding paragraph.
Based on the custodian's notification under paragraph 1, TDCC will transfer into the securities firm's depository account on the second business day after the trade date.
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| Article 7-2 |
In the case of a custodian that performs reconciliation and affirmation on a trade-by-trade basis, the custodian and the securities firm shall follow the following procedures to perform notification for transfer for settlement of sell trades on the first business day after the trade date:
- If the custodian carries out affirmation before 3:30 p.m., TDCC will prepare the custodian’s notification information for transfer for sell trades based on the custodian’s affirmation; however, in the case of day trading of securities, it will only prepare transfer notification for the difference by which the total quantity sold exceeds the total quantity purchased.
- After TDCC ends the operation of receiving notification for transfer for sell trades at 3:30 p.m., if the custodian further needs TDCC to prepare the custodian’s notification information for transfer for sell trades based on the custodian’s affirmation, the custodian shall perform a "Custodian - Trade Affirmation and Settlement Notification for Sell Trades/Data Media Transmission" transaction (transaction code: K16/K16S; operation type 2: Delete Settlement Notification Information) to delete trade-by-trade affirmation information for which transfer notification has not yet been prepared by TDCC, and after the securities firm performs a "Trade Settlement Information Transmission - Account Settlement/Affirmation" transaction (transaction code: B06; operation type 3: Retransmit Information of Transfer for Sell Trades), the custodian shall then once again perform trade-by-trade affirmation in accordance with Article 6, subparagraph 3, item B.a.
- The custodian and securities firm may perform a "Custodian – Trade-by-Trade/Account-Number-Basis Affirmation and Notification Query" transaction (transaction code: K17), to query the custodian's relevant trade information affirmation and sale transfer notification.
In accordance with the transfer notification based on the custodian's affirmation of the sell trades, TDCC will transfer into the securities firm's depository account on the second business day after the trade date.
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| Article 7-3 |
With respect to the procedures for the custodian's transmission of notification of information for transfer for settlement of sell trades under the preceding two paragraphs, if there is a need for the operations to continue to be conducted after 3:30 p.m. on the first business day after the trade date, the securities firm shall perform a "Notification of Cancellation of Information Regarding Transfer for Sell Trades and Settlement Control" transaction (transaction code: G97; operation type 1: Create) to notify the TDCC to exempt the designated custodian from the requirement of ending the daily operation for transfer for sell trades at 3:30 p.m.
When the custodian no longer has the need mentioned in the preceding paragraph, the securities firm shall perform a "Notification of Cancellation of Information Regarding Transfer for Sell Trades and Settlement Control" transaction (transaction code: G97; operation type 2: Delete), to notify the TDCC to delete the setting with respect to the custodian under the preceding paragraph.
The securities firm and custodian may perform a "Notification of Cancellation of Information Regarding Transfer for Sell Trades and Settlement Control" transaction (transaction code: G97; operation type 3: Query), to query the status of the setting under paragraph 1.
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| Article 7-4 |
On the second business day after the trade date, after the securities firm has transfered the securities purchased by the custodian's customer, the custodian and the securities firm may perform a "Depository Account Transfer for Buy Trades Query" transaction (transaction code: B99) to query information related to the account transfer.
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| Article 7-5 |
No later than the second business day after the trade date, a SITE may perform a "SITE - Trade Settlement/Additional Information of Margin Transaction Query" transaction (transaction code: K76) or a "SITE - Trade Settlement/Additional Information of Margin Transaction Download" transaction (transaction code: K77) to query or retrieve trade settlement and additional information of margin transactions transmitted by the securities firm.
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