Article 112Trading Participants in an Incorporated Association-Operated Financial Instruments Exchange
第百十二条（会員金融商品取引所の取引参加者）
An incorporated association-operated financial instruments exchange, in accordance with the articles of incorporation, may grant a person set forth in any of the following (limited to a persons that is not a member) a trading license for engaging in the purchase and sale of securities and conducting market derivatives transactions on the financial instruments exchange market that the incorporated association-operated financial instruments exchange operates (of a person as set forth in item (ii), this is limited to transactions involving the services of a registered financial institution):
Beyond what is provided for in the preceding paragraph, a membership-type financial instruments exchange may, in accordance with the provisions of articles of incorporation, grant the qualification for trading for conducting only commodity-related market derivatives transactions in the financial instruments exchange market established by the relevant membership-type financial instruments exchange. In this case, it must not grant the qualification for trading to an individual, a person falling under any of Article 29-4, paragraph (1), item (i), (a) through (c), or a corporation that has an officer falling under any of item (ii), (a) through (i) of that paragraph.
前項に定めるもののほか、会員金融商品取引所は、定款の定めるところにより、当該会員金融商品取引所の開設する取引所金融商品市場において商品関連市場デリバティブ取引のみを行うための取引資格を与えることができる。この場合において、個人、第二十九条の四第一項第一号イからハまでのいずれかに該当する者又はその役員のうちに同項第二号イからリまでのいずれかに該当する者のある法人に対しては、取引資格を与えてはならない。
The provisions of Articles 94 and 95 apply mutatis mutandis to a persons that is granted a trading license pursuant to the provisions of the preceding two paragraphs. In this case, in Article 94, the term "financial instruments membership corporation" is deemed to be replaced with "incorporated association-operated financial instruments exchange" and the term "withdraw" is deemed to be replaced with "forfeit its trading license"; in Article 95, the term "following grounds" is deemed to be replaced with "following grounds (with regard to a commodity trading participant prescribed in Article 151, excluding the grounds listed in item (i))"; in Article 95, the term "withdraw" is deemed to be replaced with "forfeit its trading license"; in Article 95, item (i), the term "financial instruments business operator, etc." is deemed to be replaced with "person set forth in any of the items of Article 112, paragraph (1)"; and in Article 95, item (iii), the term "expulsion" is deemed to be replaced with "rescission of its trading license".
Read this with the articles around it
(Trading Participants in an Incorporated Association-Operated Financial Instruments Exchange)
An incorporated association-operated financial instruments exchange, in accordance with the articles of incorporation, may grant a person set forth in any of the following…
会員金融商品取引所は、定款の定めるところにより、次に掲げる者（会員以外の者に限る。）に当該会員金融商品取引所の開設する取引所金融商品市場における有価証券の売買及び市場デリバティブ取引（第二号に掲げる者にあつては、登録金融機関業務に係る取引に限る。）を行うための取引資格を与えることができる。
Open this provision(Trading Participants in an Incorporated Association-Operated Financial Instruments Exchange)
a registered financial institution.
登録金融機関
Open this provision(Trading Participants in an Incorporated Association-Operated Financial Instruments Exchange)
Beyond what is provided for in the preceding paragraph, a membership-type financial instruments exchange may, in accordance with the provisions of articles of incorporation…
前項に定めるもののほか、会員金融商品取引所は、定款の定めるところにより、当該会員金融商品取引所の開設する取引所金融商品市場において商品関連市場デリバティブ取引のみを行うための取引資格を与えることができる。
Open this provision(Collection of Reports and Inspections)
When the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order a financial instruments exchange…
内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、金融商品取引所、その子会社、その商品取引参加者（第百十二条第二項又は第百十三条第二項の規定により取引資格を与えられた者をいう。以下同じ。）…
Open this provision(Refusal of Registration)
a person falling under any of the following:
次のいずれかに該当する者
Open this provision(Refusal of Registration)
if the person is a corporation, a person that has an officer, or an employee specified by Cabinet Order, who falls under any of the following:
法人である場合においては、役員又は政令で定める使用人のうちに次のいずれかに該当する者のある者
Open this provision(Voluntary Withdrawal)
A member may withdraw its membership with the approval of the financial instruments membership corporation, pursuant to the provisions of the articles of incorporation.
会員は、定款の定めるところにより、金融商品会員制法人の承認を受けて脱退することができる。
Open this provision(Statutory Withdrawal)
In addition to the case referred to in the preceding Article, the membership of a member is withdrawn for the following reasons:
前条の場合のほか、会員は、次に掲げる事由によつて脱退する。
Open this provision(Statutory Withdrawal)
the member comes to no longer fall under the category of a financial instruments business operator, etc.;
金融商品取引業者等に該当しないこととなること。
Open this provision(Statutory Withdrawal)
expulsion.
除名
Open this provisionsecurities
「有価証券」
Securities as this Act defines them: the instruments listed in Article 2, paragraph (1), among them national government and local government bonds, corporate bonds, share certificates and share option certificates, preferred equity investment certificates, beneficiary certificates of investment trusts and other trusts, investment securities, certain promissory notes, mortgage securities, option certificates and depositary receipts, foreign instruments of the same nature, and other instruments a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (1)· applies throughout the law
commodity-related market derivatives transactions
「商品関連市場デリバティブ取引」
A market derivatives transaction (市場デリバティブ取引) on the commodities listed in Article 2, paragraph (24), item (iii)-3, or on financial indicators limited to their prices and figures calculated from them.
Short name set inArticle 2, paragraph (8), item (i)
financial instruments business operator
「金融商品取引業者」
A person registered by the Prime Minister under Article 29 to carry on financial instruments business (金融商品取引業).
Defined inArticle 2, paragraph (9)· applies throughout the law
registered financial institutionmachine translation
「登録金融機関」
A bank, cooperative financial institution (協同組織金融機関) or other financial institution a Cabinet Order (政令) specifies that is registered under Article 33-2.
Defined inArticle 2, paragraph (11)
financial instruments membership corporation
「金融商品会員制法人」
A membership-based association established under Subsection 1 of Section 2 of Chapter V for the purpose of opening a financial instruments market (金融商品市場).
Defined inArticle 2, paragraph (15)· applies throughout the law
financial instruments exchange market
「取引所金融商品市場」
A financial instruments market (金融商品市場) opened by a financial instruments exchange (金融商品取引所).
Defined inArticle 2, paragraph (17)· applies throughout the law
market derivatives transactions
「市場デリバティブ取引」
A transaction listed in Article 2, paragraph (21) — such as futures, index and option transactions on financial instruments or financial indicators — carried out on a financial instruments market under the standards and methods set by the person that operates that market.
Defined inArticle 2, paragraph (21)· applies throughout the law
officer
「役員」
A director, accounting advisor, company auditor or executive officer, or a person equivalent to one, in this Act other than Articles 163 to 167.
Defined inArticle 21, paragraph (1), item (i)· applies from here on, except in Articles 163 to 167
registered financial institution businessmachine translation
「登録金融機関業務」
The business a registered financial institution (登録金融機関) carries on under its registration under Article 33-2.
Defined inArticle 33-3, paragraph (1), item (vi), (a)
financial instruments business operator, etc.machine translation
「金融商品取引業者等」
A financial instruments business operator (金融商品取引業者) or a registered financial institution (登録金融機関).
Defined inArticle 34, paragraph (1)
authorized firm for on-exchange transactions
「取引所取引許可業者」
A foreign securities firm (外国証券業者) that holds the Prime Minister's permission under Article 60, paragraph (1) to carry on on-exchange transaction services (取引所取引業務).
Short name set inArticle 60-4, paragraph (1)
incorporated association-operated financial instruments exchangemachine translation
「会員金融商品取引所」
A financial instruments membership corporation (金融商品会員制法人) that operates a financial instruments exchange market (取引所金融商品市場).
Short name set inArticle 87-6, paragraph (1)
commodity trading participant
「商品取引参加者」
A person to whom a financial instruments exchange (金融商品取引所) has given, under Article 112, paragraph (2) or Article 113, paragraph (2), a trading qualification to carry out only commodity-related market derivatives transactions (商品関連市場デリバティブ取引) on its financial instruments exchange market.
Defined inArticle 151, paragraph (1)
articles of incorporation
定款
A company's own basic rules, written by its founders when it is formed: at least its purpose, its trade name, where its head office is, the value of the property contributed at incorporation and who the founders are (Companies Act, Article 27). A stock company's must be certified by a notary before it takes effect (Article 30, paragraph (1)), and can later be changed by a resolution of the shareholders meeting (Article 466). Many rules in the Act apply "unless the articles of incorporation provide otherwise", so a company's articles decide a great deal of how the Act applies to it.
Written by AI using Companies Act, Arts. 26, 27, 30, 466, 575 as a reference.