| Title： |
Regulations Governing The Use Of Trading Information(2010.08.19) |
| Date： |
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Article 14
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Except where otherwise approved by the TWSE, a user applicant shall not lease, sell, or transfer the TWSE's trading information to any other person, nor relay the information in any manner to any other place.
Transmission standards for any transmission by user applicants not made over leased data lines or dial-up lines shall be separately prescribed by the TWSE.
A User applicant shall not use any trading information other than that provided pursuant to the contract for use of trading information entered into with the TWSE.
Securities firms and futures commission merchants shall not have the TWSE's trading information relayed to any place other than their business premises.
Trading information provided by a web site operated by a securities firm shall be made in the name of a user applicant that has been approved by the TWSE for transmitting trading information through the Internet. Notwithstanding the above, however, a securities firm may, with the permission of the TWSE, provide trading information under its own name to the investors who have opened accounts with it.
A user applicant that provides datafeed services may provide the service only for the internal use of the subscribers. If a subscriber is not an institution in the securities, finance, or insurance industry, the provision of such service shall require the approval of the TWSE.
A user applicant that provides datafeed service and that jointly develops software with any collaborating enterprise shall report to the TWSE, and the collaborating enterprise may not alter the original transmission format of the user applicant nor engage in any relay transmission business.
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Article 32
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Given any of the following circumstances, the TWSE may notify a user applicant to make improvement or correction within a given period, and may additionally impose a penalty for breach in the amount of NT$50,000:
- Violation of the provisions of Article 7, paragraph 2; Article 12, paragraphs 2 or 3; Article 14, paragraphs 3 or 6; or Article 19, paragraphs 1 or 2 of these Regulations;
- Violation of the provisions of Article 12, paragraph 1 of these Regulations a total of three times in one month because of errors in the content of the trading information due to negligence;
- Failure to improve or correct the default within the period prescribed by the TWSE pursuant to the provisions of Article 30;
- Serious violation of the requirements set forth in any circular letter or public announcement of the TWSE, or any letter or order of the competent authority.
A user applicant that has violated the provisions of Article 12, paragraph 3 herein may be exempt from the penalty for breach if able to prove that it exercised due care before the occurrence of the event and took necessary legal action afterwards against unlawful use or interception of the trading information.
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