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Article NO. Content


Taiwan Stock Exchange Corporation Securities Borrowing and Lending Rules  CH

Amended Date: 2021.06.07 
Categories: Securities Exchange Market > Borrowing of Securities
Article 31     An SBL participant placing an order with a securities firm to lend, borrow, or return securities shall fill out an order ticket marked "LEND", "BORROW", or "RETURN", and upon successful execution of the borrowing or lending transaction, the securities firm shall, based upon the transaction information on record with the TWSE, prepare and issue a securities loan report marked "LEND", "BORROW", or "RETURN" and any other supporting documents, in the form and content as separately announced by the TWSE.
    The provisions of Article 75 of the TWSE Operating Rules shall apply mutatis mutandis with respect to the preceding paragraph.
    The TWSE shall, by means of file transfer, notify the borrower's securities firm regarding the original margin and maintenance margin requirements.
    For any ex-rights or ex-dividend notification or any relevant calculation statement, the TWSE shall deliver a copy to each relevant SBL participant through its securities firm.
    Upon repayment and satisfaction of a securities loan transaction, the TWSE shall, after settlement of accounts, prepare statements of the lending fee, lending income, return of collateral, and net receipt or payment of money, and deliver a copy thereof to each relevant SBL participant through its securities firm.