• Font Size：
  • S
  • M
  • L

Amendments

Title：

Taipei Exchange Regulations Governing Over-the-Counter Trading of Financial Derivatives by Securities Firms  CH

Amended Date： 2024.04.16 (Articles 41-1 amended,English version coming soon)
Current English version amended on 2022.07.14 
Article Content Chapter Content Search Article No. Search Legal Basis Amended Article Legislative History Chinese

Title： GreTai Securities Market Regulations Governing Over-the-Counter Trading of Financial Derivatives by Securities Firms(2014.02.13)
Date：
Article 44     The duration of the contract for an equity option transaction, calculated from the date of transaction, shall be 1 year or less, provided that this restriction shall not apply when there has been separate approval of another duration.
    When a securities firm enters into a contract for an equity derivatives transaction in TWSE listed or GTSM listed stocks, the number of the underlying shares that could potentially be exchanged upon exercise of the derivatives contract, plus the number of underlying shares that would be exchanged upon exercise of the previous business day's outstanding and unexpired call (put) warrants and contract-based call (put) warrants of all securities firms, leverage transaction merchants, and banks, may not exceed 15 percent of the total number of the underlying shares issued by the issuer after deduction of the shares set out in each of the following items:
  1. The total percentage of shares held by directors and supervisors under statutory shareholding ratio requirements.
  2. Pledged shares.
  3. The number of shares that newly TWSE listed or GTSM listed companies are required to place in compulsory central custody.
  4. Shares repurchased under the Regulations Governing Share Repurchase by TWSE Listed and GTSM Listed Companies, but not yet retired.
  5. Shares on which the competent authority has imposed restrictions for exchange or GTSM listing and trading.