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友善列印
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Chapter Content

Title:

Operating Rules of the Taiwan Stock Exchange Corporation  CH

Amended Date: 2020.12.17 (Articles 138 amended,English version coming soon)
Current English version amended on 2020.05.05 
Categories: Basic Laws and Regulations
   Chapter II Exchange Market
Article 3    The trading hours of the centralized securities exchange market established by the TWSE ("Exchange"), unless otherwise provided, shall be from 9:00 a.m. to 1:30 p.m. Where in the opinion of the TWSE it is needed, or upon the recommendation of the securities dealers association, request may be made to the Competent Authority for its amendment.
Article 4    The off-days of the Exchange shall be identical with those of banks, provided that where in the opinion of the TWSE it is needed, or upon the recommendation of the securities dealers association, request may be made to the Competent Authority for its amendment.
Article 5    Participation in the Exchange to transact in securities shall be limited to securities brokers and securities dealers (collectively "securities firms") that has executed a contract for the usage of the centralized securities exchange market ("market usage contract").
    Securities firms with the permission of the Competent Authority to concurrently engage in other securities businesses or related businesses, or securities underwriters which have engaged the TWSE to process business matters shall execute their business in accordance with the relevant rules and regulations (Amended on October 30, 1997).
Article 6    No one may enter the Exchange except the following persons and those with the permission of the TWSE who shall wear entrance passes or visitor passes:
  1. Supervisory personnel assigned by the Competent Authority to the TWSE.
  2. Associated persons of securities firms that have been registered and approved by the TWSE.
  3. Floor implementing staff and floor working staff of the TWSE.
Article 7    (deleted)
Article 8    (deleted)
Article 9    (deleted)
Article 9-1    In order to maintain trading order in the Exchange, the TWSE shall, in accordance with the Regulation Governing the Administration of Securities Exchange prescribe the Measures for Implementation of a System for the Surveillance of Stock Market and related regulations.
Article 9-2    (deleted)
Article 9-3    For purposes of enhancing the quality of credit inquiries and extensions of credit by securities firms and preserving the security of the TWSE exchange market, the TWSE shall promulgate Regulations Governing the Joint Credit Rating System for Securities Firms.
Info
Article 10    Enterprises applying for usage of the trading information of the TWSE shall enter into with the TWSE either the "Contract for the Provisioning of Trading Information" or the "Contract for Usage of Trading Information" and comply with the obligations set forth in the "Guidelines for the Usage of Trading Information" prescribed by the TWSE.
    The content of the contract and the guidelines referred to in the preceding paragraph shall be separately prescribed.
    Enterprises applying to utilize the trading information provided by the TWSE shall utilize the trading information and facilities provided by the TWSE in accordance with the regulations of the TWSE. If for reasons attributable to the responsibility of securities firms the TWSE suffers any damages, such firms shall be liable for compensation.
    Where the trading information and facilities provided by the TWSE suffers loss of connection or malfunctions such that normal operation is not possible, the TWSE shall not be responsible for compensation.
Article 11    Subsequent to each market closing, the names or the code numbers of securities traded, the volume, the price, and the code of the selling and purchasing securities firms shall be produced into a computer file by the TWSE for public review via the Internet and via terminals that shall be provided.
    Subsequent to each market closing, the names or the code numbers of securities traded, the volume, the opening price, the highest price, the lowest price, the closing price, the change in closing price compared with the previous trading day, and the stock index shall be tabulated and publicly announced by the TWSE in a daily securities market report.
    In the event orders are placed, but there are no executed trades, the daily securities market report shall state the highest buy price offer or the lowest sell offer.
Article 12    During market trading, if abnormal events occur, the TWSE may announce the halting of trading. Trades executed prior to the announcement shall remain valid.
    When the cause of the event referred to in the preceding paragraph ceases to exist, the TWSE may announce the resumption of trading.