A trade shall be considered to be an odd-lot trade if the volume of stocks traded is less than one trading unit. The methods for trading in such stocks shall be separately drafted by the TWSE and reported to and approved by the Competent Authority before its implementation.
The TWSE may appoint designated securities dealers to concurrently operate the business of trading in odd-lot shares, and publicly announce such decision. The same procedure shall be applicable with amendments to the same.
A securities dealer may not refuse the appointment referred to in the preceding paragraph.