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Title: Taiwan Stock Exchange Corporation Rules Governing Trading of Securities in the Altered-Trading-Method Category
Date: 2004.09.27 ( Announced )
Date: 2014.02.27 ( Amended )

Article Content

Article 1     These Rules shall apply to listed securities for which an altered trading method has been imposed by public announcement of the TWSE.
Article 2     Trading of securities governed by these Rules shall be conducted through the automated computer trading system.
Article 3     When accepting an order to trade securities listed under the altered-trading-method category, a securities broker shall take full delivery of the funds or securities before making trading quotes.
    When an institutional investor or government fund represented by a custodian institution places sell quotes for a single security listed under the altered-trading-method category, within a cumulative amount on the same day of less than NT$50 million, it may be exempted from the provision of the preceding paragraph.
    By public announcement of the TWSE, the periodic call auction trading method may be imposed for securities referred to in paragraph 1. In periodic call auction trading, in principle, matching operations will be conducted approximately once every 30 minutes by manually controlled matching terminal, and the matching schedule may then be adjusted depending on the trade activity in response to the public announcement.
    The measure of requiring full delivery of funds or securities under paragraph 1 is not applicable to a securities firm that is using a default-handling account to trade securities listed under the altered-trading-method category; also, the measures of paragraphs 1 and 3 are not applicable to odd-lot trades.
Article 4     The determination of the auction method and transaction price of securities placed under the altered-trading-method category shall be guided by the mutatis mutandis application of the principles of Article 58-3 of the TWSE Operating Rules.
Article 5     As soon as a transaction of securities governed by these Regulations is completed, match confirmation slips shall be printed on the printers of both the selling and purchasing securities brokers. The TWSE shall disclose transaction prices and the best bid and offer prices.
Article 6     Matters on which these Regulations are silent shall be governed by the TWSE Operating Rules and applicable regulations.
Article 7     These Rules, and any amendments hereto, shall be publicly announced and implemented after approval by the competent authority.