借券

For securities firms and customers to redeliver securities borrowed or to compensate for securities entitlements.

供证券商及客户返还借券或证券权益补偿.

Bonds borrowed through the securities lending system of an over-the-counter securities market.

自证券柜台买卖中心借券系统借入者.

The combined total of the amount limit for short sale under the preceding paragraph and actual sales with borrowed securities may not exceed 50 percent of the fund size.

前项融券额度与借券卖出合并计算，不得超过基金规模百分之五十。

Securities borrowed through the securities lending system of a securities exchange.

自证券交易所借券系统借入之有价证券.

As collateral for securities borrowing or refinancing through a securities finance enterprise.

作为向证券金融事业借券及转融通之担保.

Subject matter of securities lending and outstanding balance.

一、借券交易事项及馀额.

Where there is market demand for borrowing securities, lend it out!

应市场借券的要求,把证券借出去!

However, because of stock market environment and legal constraints in China, domestic50ETF can not be permitted short selling, and does not have derivatives and futures mechanism for hedging risk.

但由于我国证券市场环境和法律环境的限制，国内推出的上证50ETF不具有借券卖空机制和期货等衍生产品进行风险对冲等特点。