Chapter VII Trading By Securities Dealers |
| 96 | A securities dealer shall not directly or indirectly accept orders from others to trade securities on the Exchange.
|
|
| 97 | A securities dealer may subscribe stock or corporate bonds of a company. With the exception of such subscriptions, any proprietary trading of listed securities by a securities dealer shall be done on the Exchange only. Unless otherwise approved by the Competent Authority, a securities dealer shall not place orders with securities brokers to trade on its behalf.
|
|
| 98 | (deleted)
|
|
| 99 | A securities dealer that trades securities for purposes of meeting hedging needs in connection with call (put) warrant issuance or financial derivatives trading, or acting as a liquidity provider for call (put) warrants or ETF beneficial certificates, active securities investment trust ETF beneficial certificates or subscribing to or redeeming ETF beneficial certificates or active securities investment trust ETF beneficial certificates, shall separately establish a segregated account for the trading quotes.
When the TWSE has concerns that a securities dealer's trading of securities may impact normal market circumstances, the TWSE may file with the Competent Authority to limit its trading volume or price for a portion of, or all, securities.
|
Info |
| 100 | (deleted)
|
|