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2.2.1 In order to trade securities on the Exchange, members and the institutions approved by the Exchange shall apply to the Exchange for relevant seats and the right to trade so as to become the Exchange trading participants.
Trading participants shall conduct securities trading through the Participant Business Unit for which they have applied to the Exchange.
2.2.2 Participant Business Unit refers to a basic unit that allows a trading participant to trade securities on the Exchange, to own and exercise relevant trading rights and to be subject to the administration of the Exchange in respect of relevant trading business.
2.2.3 Detailed rules on the administration of Participant Business Unit and relevant trading rights will be formulated by the Exchange separately and shall come into effect upon the approval of the CSRC. |
