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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Rules Governing Trading of Beneficial Certificates  CH

Amended Date: 2024.02.23 (Articles 12 amended,English version coming soon)
Current English version amended on 2023.05.30 
Categories: Securities Exchange Market > Trading > Beneficial Certificates
Article 25     With respect to futures ETF beneficial certificates, in the event of a cumulative declineof 85% or morein the average net asset value per unit of the fund from the initial net asset value per unit of the fundfor the most recent 10 business days, then from the next business day following the public announcement by the TWSE, other investors may only sell and may not place purchase ordersin trading beneficial certificates together with the call (put) warrants that they underly, with the exception of a call (put) warrant liquidity provider account or hedge account or a futures ETF beneficial certificate liquidity provider account.
    With respect to futures ETF beneficial certificates, in the event of a cumulative decline of less than 85% in the daily net asset value per unit of the fund from the initial net asset value per unit of the fund for 30 consecutive business days from the implementation date of the measures under the preceding paragraph, then from the next business day following the public announcement by the TWSE, investors may resume placing purchase orders for the beneficial certificates together with the call (put) warrants that they underly.