Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Directions for Securities Firms Engaging Futures Commission Merchants to Operate Securities Introducing Broker Business 

Amended Date: 2014.10.29 
Categories: Market Supervision > Regulation of Securities Firms
3
    Fulfillment by securities firms of trading orders delivered by the Securities Introducing Broker
  1. Matters concerning the fulfillment by securities firm of trading orders delivered by the Securities Introducing Broker are governed by the applicable regulations of the competent authorities, TWSE TPEx, and Taiwan Securities Association governing brokerage trading by securities firms.
  2. Securities firms fulfilling trading orders delivered by the Securities Introducing Broker shall inform the Securities Introducing Broker of the data of the brokerage trading after the end of business hours each day and shall retain the confirmation records.
  3. When errors occur in the trading order of the securities investor delivered by the Securities Introducing Broker, the Securities Introducing Broker shall notify the securities firm immediately. The securities firm shall report and manage the error accounts and correct the account number according to regulations and inform the Securities Introducing Broker of the results of its measures taken.
  4. The internal audit of the securities firm shall audit every week the brokerage trading authorized by the Securities Introducing Broker, targeting the deficiencies and giving guidelines. The content of the guidelines shall be to ensure the Securities Introducing Broker strictly complies with Article 6 of the Regulations.

Relevant Laws:

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw