Hong Kong Regulations

LEVERAGED FOREIGN EXCHANGE TRADING (ARBITRATION) RULES - SECT 6

Initial deposit

Caution: This is a past version. See the current version here.

(1) When a copy of the letter requiring or requesting arbitration, as the case
may be, is delivered to the clerk for filing, the party sending the letter
shall deposit with the clerk a sum of $1000.

(2) Where a licensed trader requests arbitration and the client refuses to
agree to arbitration, the deposit referred to in subsection (1) shall be
returned to the licensed trader as soon as practicable after deducting any
amount, if any, reasonably incurred by the Arbitration Panel in relation to
the matter. (Enacted 1994)