LMAX的客户资金管理政策:隔离账户+FSCS金融服务补偿计划保护

淘金

LMAX的客户资金管理政策如下:

• 首先是将客户资金与公司运营完全隔离;
• 其次是每个交易帐户均受FSCS金融服务补偿计划保护;
• 最后如果资金超过二十五万,可以第三方银行托管.
  

客户入金LMAX,资金直接进入信托隔离帐户
对于客户资金与公司运营分离,在客户入金时就已经很明确的显示出来了
请注意入金时收款人名称尾缀了CLIENT TRUST,即代表客户专门的信托隔离帐户(附注这一做法也被塞浦路斯的监管赔偿基金所模仿,塞浦路斯的最高赔偿金额是2万欧元,所有客户正确入金的收款账户必须尾缀cl.acc才能享受)
银行名称: Bank of America N.A
银行地址: 2 King Edward Street, London, EC1A 1HQ, UK
收款人名称: LMAX LTD/CLIENT TRUST 或者直接写 LMAX
收款人地址: Yellow Building, 1 Nicolas Road, London, W11 4AN
账户号码: 54280062
IBAN: GB51 BOFA 1650 5054 2800 62
SWIFT/BIC: BOFAGB22  (如果要求 11 位,请填写 BOFAGB22XXX)
中转银行名称：Bank of America N.A. New York,
中转银行 SWIFT：BOFAUS3N

金融服务补偿计划（Financial Services Compensation Scheme）
金融服务补偿计划(Financial Services Compensation Scheme，简称FSCS) 是根据 2000 年的《金融服务与市场法案》(Financial Services and Markets Act 2000, FSMA) 所设立的独立非营利机构。FSCS 是英国针对金融服务公司客户设立的最后补偿基金，并免费为客户提供服务。
根据法律规定，任何一个FSA 会员在注册接受监管时，自动成为金融服务补偿计划的成员。当接受英国金融服务管理局 (Financial Services Authority, FSA) 监管的授权公司无法或很可能不能支付索偿时，FSCS 会协助防止客户的经济损失。 该计划由金融服务补偿计划有限责任公司FSCSL（Financial Services Compensation Scheme Limited）负责实施。当某一个金融服务补偿计划成员出现问题面临倒闭时，FSCS将对其存款人或投资人的损失进行优先赔偿，保障相关权益人不因公司倒闭而产生损失。
关于金融服务补偿计划的更多信息可联系lmax或直接登录FSCS官方网站查询：www.fscs.org.uk

以下为LMAX关于客户资金管理政策的说明
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LMAX ensures client funds are segregated and protected from their own business activities at all times. As a regulated entity LMAX is fully compliant with the FSA Client Assets Sourcebook. LMAX holds client trust accounts at RBS and JP Morgan Chase and also holds a client trading account with the London Clearing House.
LMAX确保在任何时候客户的交易资金都和公司的运营资金隔离存放，并受到保护。作为FSA监管的正规公司，LMAX完全按照金融监管机构的客户资产管理手册CASS的要求运行，将客户资金存放在苏格兰皇家银行、美林银行或者法国巴黎银行的客户信托账户上，同时为客户在欧洲清算所LCH Clearnet持有一个交易账户。

Deposits/Withdrawals存取款
Client deposits via bank transfer or credit/debit cards, are routed directly to segregated client trust accounts at either RBS or JP Morgan Chase.
客户可以通过银行转账、借记卡或者信用卡直接将资金存放到苏格兰皇家银行、美林银行或者法国巴黎银行的隔离的客户信托账户上。

Withdrawals are debited directly from the client trust account to the client bank account or third party payment service provider.
取款时候，直接将客户资金从客户的信托账户转到客户的银行帐户上或者提供支付服务的提供商。

Margin/保证金
To the extent that client money is encumbered for the purposes of covering the margin requirement on an open position, LMAX under CASS is allowed to transfer these funds to their clearer to cover their own margin obligation on the back to back trade. All transfers are direct from the client trust account to a client trading account at the LCH. Similarly upon release of margin by the clearer, it is returned directly to LMAX client trust accounts.
在客户的资金只用来担保客户未平仓位的情况下，客户资产管理手册CASS允许LMAX将资金转移到清算所，以提供该客户所持仓位所需保证金。所有转账都必须从客户的信托账户直接转移到该客户在LCH清算所的账户上。一旦清算所中仓位关闭，保证金直接转移回客户在LMAX的信托账户上。
Where the LMAX margin obligation with their clearer is larger than the aggregate gross margin requirement across all clients, LMAX will cover the shortfall directly from its corporate funds. This can occur where LMAX's client margin rates are lower than the margin rate charged to LMAX by its clearer.
在LMAX客户交易杠杆高于清算所所提供杠杆的情况下，LMAX在清算所的保证金要求可能大大高出所有客户的总保证金总和。在这种情况下，LMAX会直接使用公司的运行成本来支付该差额。

Profits&Losses/盈亏
The LMAX trading day runs from 17:05 EST to 17:00 EST. All realised profits and losses are either credited or debited to/from the client trust account on a T+1 working day basis. All open positions are marked to market each day and LMAX credits the net profit, or deducts the net loss directly to the client trust account, again on a T+1 working day basis. Dividends are credited or debited (long/short) on the same day as applied to the account statement.
LMAX交易日计算时间从美国东部时间17:05至第二日的东部时间17:00。所有已实现盈亏会在下一个工作日记入客户的信托帐户或从中扣除。所有未平头寸会每天按市场价计算，在下一个工作日直接从客户信托账户中贷记净利润,或扣除净亏损。交易产品如有股息，会在记账同日转至信托账户中或从账户中扣除。

Charges/费用
Commissions are charged at the time of trade and funding is applied at the end of day (NON FX) or next day (FX).
佣金在交易当时收取。交易外汇产品所支付的手续费会在下一个工作日从信托账户上扣除；交易非外汇产品所支付的手续费会在交易日结束当日扣除。


Reconciliation/对帐
Client trust accounts are reconciled on a daily basis to ensure that funds transfers have been completed correctly and client's cash entitlement is held in segregated client trust accounts.
LMAX会每天对客户信托账户进行对账，确保资金转账手续完整，所有属于客户的资金都被正确地存放在隔离的客户信托账户中。