Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Operating Rules for Securities Firms Handling Margin Purchases and Short Sales of Securities 

Amended Date: 2023.12.28 (Articles 8, 13, 20, 57, 78 amended,English version coming soon)
Current English version amended on 2023.08.17 
Categories: Securities Exchange Market > Margin Transaction
Article 33
    For TWSE or TPEx securities eligible for margin purchase and short sale that have met the requirements under Article 6, paragraph 3 of the Taiwan Stock Exchange Corporation Directions for Announcement or Notice of Attention to Trading Information and Dispositions, or Article 6, paragraph 3 of the Taipei Exchange Operation Directions for Announcement or Notice of Attention to Trading Information and Dispositions, the TWSE or TPEx may during the disposition period reduce the margin purchase ratio to zero and raise the margin percentage for short sale by 10% to make the minimum margin percentage for short sale after the change not lower than 100%. Where changes have been made according to Article 26 or the preceding article, the relevant margin percentage for short sale may be further raised while the margin purchase ratio remains zero. The above applies in the circumstance where changes are made according to this article after more changes are made according to Article 26 or the preceding article.

Relevant Laws:

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw