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Article NO. Content

Title：

Taiwan Stock Exchange Corporation Operation Directions for the Allocation of Limits for Margin Purchases and Short Sales and for Sales of Borrowed Securities Permitted for Securities Trading  CH

Amended Date： 2016.03.15 
Categories： Securities Exchange Market > Margin Transaction
Article Content Content Search Article No. Search Legal Basis Amended Article Legislative History Chinese
4     In the event that securities firms conducting securities trading of margin purchase and short sale or securities finance companies exceed the limit of allocation set forth in the Point 2, the TWSE would deduct the exceeding number of securities from the allocation of the securities on the second business day of the violation day. In case of insufficiency for deduction, TWSE shall deduct from the allocation limit of other securities, and give priority to the securities with lesser amount of allocation. In the event that the total amount of allocation for all the securities of the day is still insufficient for deduction, TWSE shall continue the deduction on the next business day and report to the competent authorities to deal with it.

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