For customers to redeliver spot securities borrowed in short sales.

五、供客户融券卖出之现券偿还。

If a securities firm is short of underlying securities to meet its obligations to redeliver securities, it may seek refinancing from a securities finance enterprise.

证券商为因应还券所需而无标的证券可供返还时，得向证券金融事业办理转融通。