| Article 10 |
A market maker applying to cancel its market maker status in relation to its market-making contract or applying for temporary suspension of its market maker business in relation to its market-making contract shall give the TAIFEX written notice one month prior to termination or suspension of the business under the market-making contract.
Where a market maker fails to execute its business as required, the TAIFEX may suspend its market making business in whole or in part or revoke its market making approval qualification, depending on the severity of the offense.
A market maker whose market maker status for a market-making contract is cancelled by the TAIFEX shall terminate its market-making business for that contract beginning from the next business day after the public announcement of such cancellation, and may not submit a new application to the TAIFEX for market-making business for that contract within three months beginning from the date of termination of such business. |
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