• TAI TPEX, TAI EXC amended operating rules for securities firms handling margin purchases and short selling of securities to align with revision of the civil code.
• Also amended the contract for the handling securities margin purchases/ short selling.
• Follows TAI FSC letter dated 5 September 2022 regarding the operating measures.

Amendment

• Revised the maximum cap of interest rate to 16% per annum according to civil code.
• Add term when trading of beneficiary certificates is suspended, TAI EXC/TAI TPEX shall announce suspending of its margin trading/securities lending; revised related terms.
• Operating schedule is revised to review on the 5th business day after the basic market condition report is revealed; announcement will be resumed from next business day.

Effectiveness

• The amendments are effective immediately.