| Title： |
Operating Rules of the Taiwan Stock Exchange Corporation(2003.06.27) |
| Date： |
|
|
Article 58
|
The validity of trading orders relating to the automated computer trading system shall be limited to the day on which the order is placed.
Unless otherwise prescribed, trading orders for the automated computer trading system may be keyed-in 30 minutes prior to the opening of the market trading by the participating securities brokers or dealers. Such orders shall include the code of the securities firm, serial number of the consignment order (or serial number of proprietary trading orders), type of consignment (margin purchase, short sale, securities lending, central depositary, self-custody), account number of the principal (or of the dealer), code of listed securities, type of transaction (normal, bulk, odd-lot), price, volume, and sale/purchase. Upon acceptance by the computer of this Corporation, a trading confirmation slip shall be printed. When a matching trade is made, a trading confirmation slip will be printed on the printer of the participating securities firms. The items printed on the trading confirmation slip or the match confirmation slip may be adjusted by this Corporation depending on actual need.
The serial number of the consignment order to be keyed-in by the participating securities brokers as referred to in the preceding Paragraph shall be sequentially assigned in the order that the consignments were received. The serial number of proprietary trading orders by securities dealers shall be sequentially numbered in the order that the orders were placed.
The price of the trading orders shall be within the daily fluctuation limit placed in accordance with Paragraphs 1 and 2 of Article 63.
This Corporation shall disclose, on a real-time basis during trading hours, execution prices and volumes, and the order prices and volumes of the highest unexecuted buy orders and lowest unexecuted sell orders.
Application of securities firms for changes to the trading orders, except in the case of orders reducing the volume to be traded, shall be accomplished by first canceling the original trading order, and then placing new trading orders.
|