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Article 8
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If the securities broker is unable to lend securities to the principal under the preceding article, the securities broker will authorize a financial enterprise to bid or negotiate on its behalf for the borrowing of securities in accordance with the TWSE Securities Borrowing and Lending Rules or the GTSM Securities Borrowing and Lending Rules.
If the quantity of securities borrowed by the securities broker through the bidding or negotiation procedures under the preceding article is still insufficient, the TWSE or GTSM will arrange on its behalf for the borrowing of the remaining quantity of securities required for settlement in accordance with the TWSE Securities Borrowing and Lending Rules or the GTSM Securities Borrowing and Lending Rules.
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