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Amendments

Title:

Taiwan Stock Exchange Corporation Operation Guidelines Governing Liquidity Providers of Beneficial Certificates  CH

Amended Date: 2024.02.23 (Articles 2, 2-1 amended,English version coming soon)
Current English version amended on 2021.04.29 
Categories: Securities Exchange Market > Trading > Beneficial Certificates

Title: Taiwan Stock Exchange Corporation Operation Guidelines Governing Liquidity Providers of Beneficial Certificates(2014.01.03)
Date:
5     A liquidity provider must open a segregated ETF account ("777777-7" under a securities dealer account) for the purpose of offering buy and sell quotes for liquidity provision.
    To meet hedging needs in connection with liquidity provision, a liquidity provider may open a segregated ETF hedge account ("777777-8" under a securities dealer account) to offer sell quotes for borrowed securities. The quantities of such securities will not be subject to intraday limits on the amounts of sell orders for borrowed securities.
     The securities on which quotes are offered for the sale of borrowed securities through the segregated ETF hedge account shall be limited to those transferred into it from a segregated ETF account ("777777-7" under a securities dealer account), and any remaining balance may only be transferred back to the original segregated ETF account.