A liquidity provider shall be a domestic securities firm that operates proprietary securities trading business, provided such does not apply to a foreign issuer making the application through a branch office established in the territory of the Republic of China by a directly or indirectly wholly-owned subsidiary and serves as its own liquidity provider. A liquidity provider shall appoint at least one associated person to be in charge of liquidity providing business. If the issuer changes liquidity providers during the period of validity of call (put) warrants, it shall notify the TWSE 3 business days prior to the change, and input the following matters into the TWSE-designated Internet reporting system:
- The abbreviation and code of the call (put) warrants.
- Name of the replacing liquidity provider.
- Contact telephone number of the replacing liquidity provider (not applicable to performance of the quoting obligation by means of "voluntary quoting").
- Effective date of the change.