| Article 3 |
The TWSE discounts for a market maker whose bid and ask quotes of the month in respect of the designated specific stocks all conform to Article 4 of the Regulations the transaction charges of the month in respect of its proprietary trading account (securities firm account: 000000-0), as below:
┌─────────────┬─────────────┐
│Number of designated │Transaction charge │
│stocks whose market maker │discount of the month │
│bid and ask quotes conform│ │
│to requirements │ │
├─────────────┼─────────────┤
│5-9 │5 ％ │
├─────────────┼─────────────┤
│10-14 │10％ │
├─────────────┼─────────────┤
│15-19 │15％ │
├─────────────┼─────────────┤
│20 or above │20％ │
└─────────────┴─────────────┘
The transaction charges in the preceding paragraph do not include those of trades by the designated account alone or between the designated account and other accounts opened in the maker's name.
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