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Article 9
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A securities firm conducting the Fixed-Term, Fixed-Amount Trading may open a reconciliation account with its head office for reconciliation of numbers of securities purchased through omnibus trading account for Fixed-Term, Fixed-Amount Trading.
A securities firm shall not report securities purchased through the reconciliation account in the preceding paragraph. Instead, it may only report securities purchased and allocated through omnibus trading account for Fixed-Term, Fixed-Amount Trading.
After purchasing securities through omnibus trading account for Fixed-Term, Fixed-Amount Trading, a securities firm may only allocate odd lots of securities of the same type to the reconciliation account. Excessive securities shall be resold via the reconciliation account no later than the second business day after the trading day.
A securities firm conducting the Fixed-Term, Fixed-Amount Trading by way of both brokerage and wealth management may open separate reconciliation accounts for each method.
If a securities firm enters into a contract with a securities investment trust enterprise pursuant to the third paragraph of Article 6, when it is requested by the client to trade in exchange-traded fund (ETF) beneficiary certificates issued by the client itself, it may reconcile the number of securities purchased to the unit of trading without being subject to the restriction on fixed-amount.
The reconciliation account of head office of domestic securities firm shall have a securities trading account number in the format of 9899XX-Inspection Code. The reconciliation account of the Taiwan branch of a foreign securities firm shall have a securities trading account number in the format of 99899X-Inspection Code.
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