INDEX.

N.B.-The figures with parentheses refer to the numbers of the
Rules in the Appendix-the others to the pages of the Text.

ACCEPTANCE, of order by broker, 39.

ACCOUNT DAY, 12, 23.

ACCOUNTS,

of principal in default may be closed by broker, 61.
of member in default may be closed by assignees, 131.
unsettled, brought down in registered securities, (105), 22.
securities to bearer, (117), 25.

ACTION.

See Legal Proceedings.

for specific performance, 121.

for failure to redeliver securities deposited, 19.

ADMISSION TO STOCK EXCHANGE, 5.

who are eligible for, 5.

foreigners, (23), 6.

persons engaged in other business, (29), 5.
bankrupts, (30).

re-elections and re-admissions, (20—37).

ADVERTISING, by brokers, 7.

AGENT. See Broker.

payment to, by broker, 67.

AMERICAN SECURITIES,

amounts deliverable, (110), 80.

for which tickets may be passed, (112), 22.

railway bonds endorsed in blank, 121.
negotiability of, 120.

ANTEDATED TICKETS, (92), 78.

APPLICANTS FOR MEMBERSHIP,

sureties for. See Sureties.

who are ineligible for admission, (23, 29, 30).
knowledge of, required of recommenders, (25, 36).
objections to, to be made in writing, (31).,
rejected, renewal of application by, (32).
questions put to, (37).

APPLICATION,

for re-election, (20).

for admission, notice of, (24).

ARBITRATION between members, (64), 73.

ASSETS,

of defaulter, division of, amongst creditors, (169), 127.
do not include differences, 127.

ASSIGNEE, OFFICIAL,

appointment of, (168), 126.
duties of, (168-175), 126.
remuneration to, (175).

AUCTION, by buying-in broker, 75.

AUTHORIZED CLERKS, 7. See Clerks.

BACKWARDATION, 17.

BALLOT for election of committee, (1, 3, 5).

BANK OF ENGLAND,

transfer of stock at, 122.

time for delivery of receipt, 24.

exemption of receipt from stamp duty, 123.

stock of, stamp on transfer, 112, 122.

BANK NOTES, demand of, by seller, (66), 23, 88.

BANK SHARES, Leeman's Act, 33.

BANKER, payment to, on behalf of principal, by broker, 68.

BANKRUPTS. See Insolvency, Defaulters.

not admissible for election, (30).
cease to be members, (145), 125.

BARGAINS. See Dealings.

fulfilment of, between members, (52), 72.
private, with members of firms, (55).
with or for clerks, (56, 57), 8.

inviolability of, (58), 73.

in bonds of defaulting states, (61).

states at war with England, (62), 139.

in dividends, prohibited, (63), 74.

to be checked, (74), 12.

when no time specified, in English, &c. stocks, (75), 13.

registered securities, (85), 13.
securities to bearer, (107), 13.
scrip, (126), 13.

for future account, in English, &c. stocks, (76), 27.

registered securities, (86), 27.

securities to bearer, (108), 27.

in new loans and shares contingent on settlement, (126), 13.
for principals in default to other members, (161), 62.
marking of, 11.

quotation of, 11.

ex dividend, 84.

cum drawing, 85.

drawn, (121), 81. See Drawn Bonds.

buyer entitled to new, in right of old, (122), 83.
deliverer responsible for genuineness of, (123), 88.

torn or damaged, (124), 81.

when deliverable ex coupon, (72), 83.

delivery of, with irregular coupons, (124), 81.
stamps on, 81.

BONUS,

on transfer of, 112.

liability of transferor for, pending registration, 105.

depositee of security for, 19.

BOUGHT IN STOCK, non-delivery of, (101), 80.

BRINGING DOWN UNSETTLED ACCOUNTS,

in registered securities, (105), 22.
in securities to bearer, (117), 25.

BROKER,

admission to Stock Exchange, 5.

licence required, 7.

bargain by, with jobber, 8.

rights of, not generally affected by Gaming Act, 28, 45.

where order ultra vires, 38.

to indemnity from principal, 40.

against buying in, 41.

extent of implied indemnity, 45.

where broker in fault, 46.

selling out, 42.
calls, 42.

payment of price, 43.

order to, by principal, how interpreted, 36.
duty of, in execution of order, 46.

to transact business according to usage, 37.
to deal at arm's length, 48.

to send note of bargain to principal, 54.

to enforce contract in the House, 65.

on name being passed, 66.

on registration of transfer, 66.

on delivery of securities to principal, 67.
after completion of contract, 67.

effect of private instructions to, 38.

how long order to, remains in force, 52.
countermand of order by principal, 52, 60.
how far agent of principal, 38, 55.
when bound as regards principal, 53.

when entitled to payment from principal, 58.

money entrusted to, for investment, 59.

may close account on insolvency of principal, 61.

rights of principal on insolvency of, 64.

property of, in securities bought for principal, 68.
personal liability of, in the House, 72.

liability for passing improper name, 66.

of new company, information to committee, (131), 140.
caution to, (133).

BULL, 15.

BUYING IN,

liability of principal to indemnify broker against, 41.
time for, in English and India stocks, (79), 80.

in registered securities, (101), 77.

in securities to bearer, (114), 79.

must be done publicly by officials appointed, (70), 75.
when not permitted, (71), 75.

notice of, (101, 114), 75.

limited to original issuer of ticket, (101, 103), 74.

scrip, shares, or bonds, (114).

who liable for, 76.

waiver of right, (102, 115), 89.

delivery after, 76.

CALL, 25. See Option.

CALLS ON SHARES,

transferor liable for, if made before sale, 104.
pending, may be paid by seller, (95), 87.

claim of transferor to indemnity in respect of, 106.
broker to indemnity from principal, 42.

CANADIAN Stock, stamp on transfer of, 112.

CARRYING OVER, 15. See Continuation.

CARRYING OVER DAY, 18.

CASH, right of seller to demand, (66), 23, 88.

CERTIFICATES,

to be delivered with transfer deed, 82, 116.
effect of deposit of, without transfers, 117.
responsibility of seller for genuineness, (88), 88.
division of, on delivery, (98), 82.

certification of, on transfer deed, (98), 82, 116.
effect of, on Stock Exchange, (88), 89.
at law, 116.

nominal, under National Debt Act, 124.
forgery of, 116.

CERTIFIED transfers, (98), 82, 116.

CHECKING,

bargains, (74), 12.

claims for new securities in right of old, (103), 83.

CHEQUES,

on payment of differences, 23.

to be passed through clearing-house, (66), 24.
dishonoured, in payment for securities, 97.

CITY OF LONDON, power of court to admit brokers, 7.

CLAIMS,

for new securities in right of old, (103, 122), 83.
against a defaulter, (157), 133.

CLERKS,

M.

by non-members, (162), 129, 134.

authorized, (43—51), 7.

members who become clerks to their sureties, (27, 28).

to other members, (49).

of brokers, cannot act as jobbers, (42).
must have served two years, (43).

eligibility for admission of, (43).
application for admission of, (44), 7.
of new members, (45).

withdrawal of authority from, (46), 7.

N