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Taiwan Stock Exchange Corporation Directions for the Calculation of Net Available Funds(2015.09.07) |
| Date： |
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Article 3
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A securities firm shall file via electronic media a "Calculation Sheet of Net Available Funds" (refer to attachment) based on the abovementioned formula and the content of the monthly accounting summary of the previous month, and the relevant supporting documents, with the TWSE for verification, prior to the seventh day of each month.
A newly established securities firm shall fill out the abovementioned Calculation Sheet based on its balance sheet submitted at the time it applied for approval and certificate of license, and submit the Calculation Sheet along with its supporting documents to the TWSE for verification upon the execution of the "Contract for Supply and Use in Centralized Securities Exchange Market Transactions."
When engaging in capital increase in cash, the securities firm may fill out the Calculation Sheet referenced in Paragraph 1 based on the content of the daily accounting summary of the date of approval by either the Ministry of Economic Affairs or the registration authority where the company is located, that is in charge of amendment registrations of companies, and submit the Calculation Sheet along with its supporting documents to the TWSE for verification.
The Net Available Funds stated in the Calculation Sheet referenced in the preceding three Paragraphs will be recorded in the TWSE computer files at the following times after being verified by the TWSE against monthly accounting summary, balance sheet or daily accounting summary to be correct:
- The net amount calculated in accordance with Paragraph 2 will be recorded before the newly established securities firm starts its operation.
- The net amount calculated in accordance with Paragraph 3 will be recorded after the verification, with the original amount stated in the computer files updated.
The Net Available Funds of a securities firm during the 16th day of each month to the 15th day of the next month will be the net amount stated in the TWSE computer files.
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Article 8
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Article 28-1 of the Operating Rules of the TWSE does not apply to a securities firm that is concurrently operated by a financial institution and a special-purpose securities firm in which the TWSE makes equity investment that accepts only trading and listing requests from special-purpose securities firms incorporated by a foreign exchange.
Article 28-1 of the Operating Rules of the TWSE, except Paragraph 3 of said Article, applies mutatis mutandis to a futures commission merchant that concurrently engages in securities business.
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