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Guidelines for Securities Firms to Allow Investors to Create Trading Conditions on Placing Orders  CH

Announced Date: 2020.04.20 
Categories: Market Supervision > Regulation of Securities Firms
Article 1     Securities firms shall follow the requirements of these Guidelines when allowing investors to "create trading conditions on placing orders" ("Conditional Order Placing").
Article 2     Conditional Order Placing may be proceeded in trading through electronic media or through non-electronic media. A security firm may have their own conditions as to whether or not it will offer this feature and how trading will be made.
Article 3     Trading order and period of validity for Conditional Order Placing shall be subject to the requirements under Article 58-8 of the Operating Rules of the Taiwan Stock Exchange Corporation (TWSE).
Article 4     Production and keeping of order tickets for Conditional Order Placing shall be subject to Article 75, subparagraphs 8 and 10 of the Operating Rules of the TWSE.
Article 5     For Conditional Order Placing, if an order is placed through the Internet, a securities firm shall keep all related information including investor's original order information, order information when conditions are triggered, and electronic signature issued by the certification institution, and shall specify, in the column of how order is place in the trading order record that the order is being placed with trading conditions created through the Internet and computer program to earmark the order.
    For Conditional Order Placing, if an order is place in person, a securities firm shall provide a written form for placing order on conditions, listing the accepted conditions, to be completed by investor and enclosed at the end of the order ticket as evidence for future auditing and resolution of disputes, if any.
Article 6     These Guidelines shall take effect after having been submitted to and approved by the competent authority. Subsequent amendments thereto shall be effected in the same manner.