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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Operation Guidelines Governing Liquidity Providers of Beneficial Certificates  CH

Amended Date: 2018.12.24 
Categories: Securities Exchange Market > Trading > Beneficial Certificates
3     A liquidity provider shall meet the following requirements:
  1. A liquidity provider must be a securities firm approved by the TWSE to operate the business of an ETF beneficial certificates liquidity provider and act as a participating dealer engaging in securities dealing business.
  2. It must have entered into a contract, within a year from its procurement of the written approval in the preceding paragraph, for provision of ETF beneficial certificates market liquidity ("liquidity contract") with a SITE, futures trust enterprise, or offshore fund institution that issues ETF beneficial certificates.