| Article 1 |
These Standards are established in accordance with Article 6 of the Market Maker and Exchange Incentive Program Participant Regulations (these Regulations).
|
| Article 2 |
The Taiwan Stock Exchange Corporation (TWSE) discounts for a market maker whose bid and ask quotes of the month conform to Article 4 of the Regulations the transaction charges of the month in respect of stocks designated by said maker (securities firm account: 555555-5), as below:
┌───────────┬──────────────┐
│Monthly percentage │Transaction charge │
│trading volume │discount of the month │
├───────────┼──────────────┤
│Less than 10％ │10％ │
├───────────┼──────────────┤
│10％ or more │Monthly percentage │
│ │trading volume │
├───────────┴──────────────┤
│Note: (Monthly percentage trading volume) = │
│(Trading volume of the designated stock in the │
│regular trading of the market maker in the current │
│month) ÷ (Total regular trading volume of the │
│designated stock in the current month). (Totally │
│trading volume = (Buying volume + Selling volume) │
└──────────────────────────┘
TThe monthly trading volume in the preceding paragraph does not include volumes of trades by the designated account alone or between the designated account and other accounts opened in the maker's name.
TFor specific stocks, a 10% transaction charge discount is offered in addition to the discount in paragraph 1.
|
| 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 │ discount of the month │
│maker 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.
|
| Article 4 |
The TWSE discounts on a monthly basis the transaction charges of specific stocks designated by an exchange incentive program participant, as below (securities firm account: 555555-6):3
┌────────────┬──────────────┐
│Average daily │Transaction charge discount │
│trading volume │ │
├────────────┼──────────────┤
│100 or more trade units │ │
│and less than 200 trade │ 10% │
│units │
├────────────┼──────────────┤
│200 or more trade units │ │
│and less than 300 trade │ 15% │
│units │ │
├────────────┼──────────────┤
│300 or more trade units │ │
│and less than 500 trade │ 20% │
│units │ │
├────────────┼──────────────┤
│500 or more trade units │ 25% │
└────────────┴──────────────┘
The average daily trading volume in the preceding paragraph does not include volumes of trades by the designated account alone or between the designated account and other accounts opened in the exchange incentive program participant's name.
|
| Article 5 |
These Standards shall take effect after having been submitted to and approved by the Competent Authority. Subsequent amendments thereto shall be effected in the same manner.
|