Breaking News, World News and Taiwan News.

Relaxed day trading rules set to take effect June 30

TAIPEI--A further relaxation of rules on day trading in Taiwan's stock market will take effect as planned on June 30, according to the Taiwan Stock Exchange (TWSE).

Under the rules, investors in the market will be allowed to sell a stock and then buy it back on the same day in a bid to fuel investor interest and boost market turnover.

The Financial Supervisory Commission (FSC), the top financial regulator in Taiwan, announced the new day trading rule in late March after the FSC gave a green light on Jan. 6 to buying and then selling a stock on the same day.

The new rule will apply to any of 200 selected stocks on the Taiwan Stock Exchange and over-the counter market.

The 200 stocks include Taiwan Semiconductor Manufacturing Co. (台積電), United Microelectronics Corp. (聯電), Formosa Plastics Corp. (台塑), Evergreen Marine Corp. (長榮海運), coffee chain operator Gourmet Master Co., and Vanguard International Semiconductor Co. (世界先進).

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search