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Item	Individual Clearing Member	General Clearing Member	Special Clearing Member
Business Scopes/Types	A futures commission merchant that handles clearing and settlement for its brokerage and proprietary futures trading business	A futures commission merchant that, in addition to handling clearing and settlement for its brokerage and proprietary futures trading business, may also handle clearing and settlement on consignment for other futures commission merchants	A financial institution that handles clearing and settlement only on consignment for futures commission merchants
Minimum Paid-In Capital	NT$: 200 Million	NT$: 400 Million	-
Designated Operating Funds for Agent FCM	NT$80 Million	NT$: 400 Million	NT$: 400 Million
Current Asset	≧current liabilities; If current ratio is less than 120%, TAIFEX may collect additional clearing margin.	≧current liabilities	≧current liabilities
Financial Structure	(Total liabilities - futures trader's equity - reserves for default loss - reserves for trading loss) / owner's equity ≦ 80% An agreement establishing an irrevocable line of credit of at least NT$60 million dedicated for margin clearing purposes shall be entered into with a settlement bank	(Total liabilities - futures trader's equity - reserves for default loss - reserves for trading loss) ≦ owner's equity	(Total liabilities - futures trader's equity) ≦ owner's equity
Owner’s Equity	≧Paid-In Capital 80％	≧Paid-In Capital 80％	≧Paid-In Capital
Adjusted Net Capital	Designated Operating Funds are greater than NT$80 million but less than NT$100 million :Adjusted net capital shall not be less than 30% of the total client margins required for outstanding positions Designated Operating Funds are greater than NT$100 million but less than NT$200 million :Adjusted net capital shall not be less than 25% of the total client margins required for outstanding positions Designated Operating Funds are greater than NT$200 million :Adjusted net capital shall not be less than 20% of the total client margins required for outstanding positions	Adjusted net capital shall not be less than 20% of the total client margins required for outstanding positions	Adjusted net capital shall not be less than 20% of the total client margins required for outstanding positions
Credit Rating	A credit rating report issued by a credit rating institution approved by the Competent Authority shall be obtained within two years after obtaining a clearing membership	None	None
Clearing and Settlement Fund	Before carrying out clearing and settlement operations, the clearing member shall make a deposit to the clearing and settlement fund equal to 20 percent of its paid-in capital or designated operating funds, but of an amount no more than NT$40 million After one year of carrying out clearing and settlement operations, the ceiling of clearing and settlement fund reduces to NT$20 million. The clearing member shall follow the rules with this Corporation to deposit the clearing and settlement fund. Each time the clearing member consigns an introducing broker or each time such an introducing broker establishes an additional branch, the clearing member shall make an additional clearing and settlement fund deposit of NT$1 million with this Corporation	Before carrying out clearing and settlement operations, the clearing member shall deposit NT$40 million with this Corporation After one year of carrying out clearing and settlement operations, the ceiling of clearing and settlement fund reduces to NT$30 million. The clearing member shall follow the rules with this Corporation to deposit the clearing and settlement fund. For each additional futures commission merchant consigning the clearing member to handle clearing and settlement operations, the clearing member shall make a clearing and settlement fund deposit of NT$3 million with this Corporation before accepting consignment For each additional branch established by a consigning futures commission merchant, or for each additional futures trading introducing broker consigned by the clearing member or for each additional branch established by such introducing broker, the clearing member shall make a clearing and settlement fund deposit of NT$1 million with this Corporation	Before carrying out clearing and settlement operations, the clearing member shall deposit NT$40 million with this Corporation After one year of carrying out clearing and settlement operations, the ceiling of clearing and settlement fund reduces to NT$30 million. The clearing member shall follow the rules with this Corporation to deposit the clearing and settlement fund. For each additional futures commission merchant consigning the clearing member to handle clearing and settlement operations, the clearing member shall make a clearing and settlement fund deposit of NT$3 million with this Corporation; For each additional branch established by a consigning futures commission merchant, the clearing member shall make a clearing and settlement fund deposit of NT$1 million with this Corporation
Disqualifying Criteria	An applicant for clearing membership shall conform to the criteria in Article 43 of the Rules Governing the Establishment Criteria of Futures Commission Merchants	An applicant for clearing membership shall conform to the criteria in Article 43 of the Rules Governing the Establishment Criteria of Futures Commission Merchants	An applicant for clearing membership shall conform to the criteria in Article 43 of the Rules Governing Establishment Criteria of Futures Commission Merchants. None of the circumstances in Article 28 of the Futures Trading Law may exist with respect to any directors, supervisors, or managerial officers of the clearing member
Minimum Clearing and Settlement Personnel	3 persons	5 persons	5 persons
Others	An applicant for clearing membership status shall have held futures commission merchant status for at least one year; provided, this restriction shall not apply if a single one of its shareholders holding 50 percent or more of its shares has clearing membership status		None

※The standards for the financial structure of another business concurrently operating futures business shall be calculated based on the financial statements of its futures department