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Article 23
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With respect to futures ETF beneficial certificates, in the event of a cumulative decline of 65% or more of the average net asset value per unit of the fund from the initial net asset value per unit of the fundfor the most recent 10 business days, then from the next business day following the public announcement by the TWSE, margin purchase and short sale transactions shall be halted, and securities borrowing and lending and day trading shall be suspended.
With respect to futures ETF beneficial certificates, in the event of a cumulative decline of less than 65%in the daily net asset value per unit of the fund from the initial net asset value per unit of the fundfor 30 consecutive business daysfrom the implementation date of the measures under the preceding paragraph, then from the next business day following the public announcement by the TWSE, margin purchase and short sale transactions, securities borrowing and lending, and day trading shall be resumed.
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