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Article 34
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When TWSE or TPEx securities eligible for margin purchase and short sale meet the following resumption conditions after their margin purchase ratio have been reduced by 10% and margin percentage for short sale have been raised by 10% according to Article 26, the TWSE or TPEx will resume the margin purchase ratio and margin percentage for short sale previously assigned for the securities on the following business day, except where changes were made due to excessively intense share price volatility, excessively irregular trade volume, excessively concentrated equity ownership or beneficial ownership that are occurring at the same time or one after another, in which case resumption will not happen unless the following conditions are met:
- The circumstances that cause excessively intense share price volatility have discontinued for six consecutive business days.
- The circumstances that cause excessively irregular trade volume have discontinued for six business days.
- In the event of excessively concentrated equity ownership or beneficial ownership, the TWSE or TPEx has determined that excessive concentration of equity ownership or beneficial ownership has discontinued after reviewing the information furnished by the TWSE or TPEx listed company, foreign issuer or SITE.
In the event that Article 32 applies, the TWSE will resume the margin purchase ratio and margin percentage for short sale previously assigned for the securities on the following business day after the reason for change no longer existed.
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