Is there a Cash ratio applied for Cash-collateral and Non Cash-collateral

50:50 cash ratio applies to both Cash-collateral and Non Cash-collateral, effective 1st September 2025. ie, Clients have to maintain cash in the trading account to utilize the same value from Cash-collateral and Non Cash-collateral post haircut margin.

Note: Cash-equivalent securities will no longer be considered to meet the 50:50 requirement for Non-cash collateral.