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Article 20
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The TWSE or TPEx will publicly announce TWSE or TPEx listed securities that conform to the following as eligible for margin purchases and short sales on the TWSE or TPEx listing date, unless the equity ownership of such securities is excessively concentrated. The relevant operating procedures are governed by Article 21, paragraph 2:
- The issuer of the TPEx listed shares that are eligible for margin purchases and short sales has applied for TWSE listing.
- The TWSE or TPEx listed company eligible to undertake margin purchases and short sales becomes a TWSE or TPEx listed financial holding company according to The Financial Holding Company Act.
- The TWSE or TPEx listed company eligible to undertake margin purchases and short sales becomes a TWSE or TPEx listed investment holding company through a 100% share exchange in accordance with the Business Mergers and Acquisitions Act.
- The issuer of shares listed on the Taiwan Innovation Board that are eligible for margin purchases and short sales has applied for conversion of such shares as TWSE listed securities.
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