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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Operation Guidelines Governing Liquidity Providers of Beneficial Certificates  CH

Amended Date: 2024.12.31 (Articles 2, 2-1, 3, 4, 5, 6, 6-1, 8 amended,English version coming soon)
Current English version amended on 2024.02.23 
Categories: Securities Exchange Market > Trading > Beneficial Certificates
2-1     Execution of a contract by a SITE or futures trust enterprise with an interested company for the provision of ETF beneficial certificates market liquidity requires the resolution adopted by the attendance of two-thirds or more of all the directors of the SITE or futures trust enterprise and the concurrence of three-quarters or more of the directors present.
    If there is only one liquidity provider of ETF beneficial certificates, it may not be an interested party.
    For purpose of the preceding two paragraphs, an interested party refers to one under the Regulations Governing Securities Investment Trust Funds and Regulations Governing Futures Trust Funds .