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, or subscribing to or redeeming 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)
|
|