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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Securities Borrowing and Lending Rules  CH

Amended Date: 2019.09.26 
Categories: Securities Exchange Market > Borrowing of Securities
Article 31-1     A securities firm or borrower in a fixed-price or competitive bid transaction shall remit payments to the bank account, in the formof a virtual account,designated by the TWSE, according to the Instructions on the Remittance of Securities Borrowing and Lending Payments to Virtual Accounts (Appendix 2):
  1. Cash collateral, or additional cash collateral to cover a shortfall, as provided by a securities borrower pursuant to Article 33-1, paragraph 1.
  2. Compensation for cash entitlements, payments for subscription to newly issued shares, and securities lending fees delivered by a securities firm on behalf of an SBL participant, as calculated according to Article 31, paragraphs 4 and 5.