arbitrage quota, the Exchange shall, within five (5) trading days, review the application and make a decision based on the following scenarios: 1. The Exchange shall approve the application if the arbitrage trading requirements are satisfied, and notify the applicant of the result; 2. The Exchange shall disapprove the application if the arbitrage trading requirements are not satisfied, and notify the applicant of the result; 3. The Exchange shall request additional supporting documents from the applicant if the application materials are insufficient. Article 62 If a Non-FF Member, an OSNBP or a Client needs to adjust the arbitrage quota, it shall submit an application of adjustment to the Exchange along with supporting documents without delay. If there is material change in its operational conditions, it shall timely report to the Exchange. Article 63 The Exchange may adjust the arbitrage quota of a Non-FF Member, an OSNBP or a Client based on the market condition. Article 64 If the general positions and the arbitrage trading positions of a Non-FF Member, an OSNBP or a Client accumulatively exceed the sum of the general position limit for the futures contracts in different periods and the approved arbitrage quota of the same period, the Non-FF Member, the OSNBP or the Client shall make adjustments on their own during the first session of trading hours on the next trading day; if the adjustments are not made within the prescribed time or the requirements are still not satisfied even after adjustments, the Exchange may implement forced position liquidation.
arbitrage quota, the Exchange shall, within five (5) trading days, review the application and make a decision based on the following scenarios: 1. The Exchange shall approve the application if the arbitrage trading requirements are satisfied, and notify the applicant of the result; 2. The Exchange shall disapprove the application if the arbitrage trading requirements are not satisfied, and notify the applicant of the result; 3. The Exchange shall request additional supporting documents from the applicant if the application materials are insufficient. Article 62 If a Non-FF Member, an OSNBP or a Client needs to adjust the arbitrage quota, it shall submit an application of adjustment to the Exchange along with supporting documents without delay. If there is material change in its operational conditions, it shall timely report to the Exchange. Article 63 The Exchange may adjust the arbitrage quota of a Non-FF Member, an OSNBP or a Client based on the market condition. Article 64 If the general positions and the arbitrage trading positions of a Non-FF Member, an OSNBP or a Client accumulatively exceed the sum of the general position limit for the futures contracts in different periods and the approved arbitrage quota of the same period, the Non-FF Member, the OSNBP or the Client shall make adjustments on their own during the first session of trading hours on the next trading day; if the adjustments are not made within the prescribed time or the requirements are still not satisfied even after adjustments, the Exchange may implement forced position liquidation.
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