Article 10
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Any beneficial certificate trade of which settlement is conducted after the date of suspension of changes to entries in the register of beneficial owners for the determination of the record date of distribution by the SITE pursuant to Article 77 of the Regulations Governing Securities Investment Trust Funds or by the futures trust enterprise pursuant to Article 78 of the Regulations Governing Futures Trust Funds shall be an ex-dividend transaction.
On the commencement date of ex-dividend trading, the price fluctuation limits for those trades shall be calculated based on the previous day's closing price minus the dollar amount of distributed gains. When there is no previous day's closing price, the closing price shall be replaced with the price determined by the principles laid down in Article 58-3, paragraph 4, subparagraph 2 of the TWSE Operating Rules.
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