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Article NO. Content

Title:

GreTai Securities Market Specific Standards and Procedures for Suspending and Reinstating Margin Purchase and Short Sale of Securities, and for Adjusting Margin Purchase Leverage Limits and Short Sale Margin Requirements  CH

Amended Date: 2016.12.30 (English version coming soon)
Current English version amended on 2013.03.15 
5     With regard to securities that have been suspended of margin purchasing and short selling due to conditions described in Article 4, Paragraph 1, Subparagraph 7 of the Eligibility Standards, the GTSM will announce the resumption of such activities on the day after the company is found to have satisfied both criteria below, and effect from the second business day onwards:
  1. No settlement defaults with an aggregate value of more than NT$10 million have occurred for six consecutive business days.
  2. The margin purchase and short sale balance outstanding as at the last business day of the abovementioned 6-day span represent less than 15% of total securities listed on the GTSM.