Article Content
Title: Taiwan Futures Exchange Corporation Trading Rules for Stock Option Contracts ( Amended 2009 . 10 . 19)
Article 18-1 If the total number of shares represented by the open positions in the same Underlying Securities of a stock future or stock option after close of market on any trading day exceeds 15% of the total number of outstanding shares of the Underlying Securities, then, unless otherwise provided, the TAIFEX may impose a restriction to the effect that no trades in the stock option are allowed except to close out existing positions, starting from the next trading day.
When the percentage under the preceding paragraph falls below 12%, the TAIFEX may remove the restriction starting from the next trading day.
 


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