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Article NO. Content

Title:

Operating Rules of the Taiwan Stock Exchange Corporation  CH

Amended Date: 2019.03.28 (Articles 50, 50-3 amended,English version coming soon)
Current English version amended on 2019.02.12 
Article 58-2     In principle, the priority for satisfying trading orders are based on price priority and time priority, and the priority for satisfying trading orders shall be based on the following principles:
  1. Price priority principle: higher-priced buy orders shall have priority over lower-priced buy orders. Lower-priced sell orders shall have priority over higher-priced sell orders. Where orders are placed at the same price, priority shall be based on time priority principle.
  2. Time priority principle: For orders placed prior to the opening of the market, priority shall be determined randomly based on computer arrangement. For orders placed after the opening of the market, priority shall be made on the order in which the orders were placed.