Article 54 |
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Article 55 |
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Article 56 |
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Article 57 |
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Article 57-1 |
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Article 58 |
The validity of trading orders relating to the automated computer trading system shall be limited to the day on which the order is placed.
Unless otherwise prescribed, trading orders for the automated computer trading system may be keyed-in 30 minutes prior to the opening of the market trading by the participating securities brokers or dealers. Such orders shall include the code of the securities firm, serial number of the consignment order (or serial number of proprietary trading orders), type of consignment (margin purchase, short sale, central depositary, self-custody), account number of the principal (or of the dealer), code of listed securities, type of transaction (normal, bulk, odd-lot), price, volume, and sale/purchase. Upon acceptance by the computer of this Corporation, a trading confirmation slip shall be printed. When a matching trade is made, a trading confirmation slip will be printed on the printer of the participating securities firms. The items printed on the trading confirmation slip or the match confirmation slip may be adjusted by this Corporation depending on actual need.
The serial number of the consignment order to be keyed-in by the participating securities brokers as referred to in the preceding Paragraph shall be sequentially assigned in the order that the consignments were received. The serial number of proprietary trading orders by securities dealers shall be sequentially numbered in the order that the orders were placed.
The price of the trading orders shall be within the daily fluctuation limit placed in accordance with Paragraphs 1 and 2 of Article 63.
This Corporation shall disclose, on a real-time basis during trading hours, execution prices and volumes, and the order prices and volumes of the highest unexecuted buy orders and lowest unexecuted sell orders.
Application of securities firms for changes to the trading orders, except in the case of orders reducing the volume to be traded, shall be accomplished by first canceling the original trading order, and then placing new trading orders.The validity of trading orders relating to the automated computer trading system shall be limited to the day on which the order is placed.
Unless otherwise prescribed, trading orders for the automated computer trading system may be keyed-in 30 minutes prior to the opening of the market trading by the participating securities brokers or dealers. Such orders shall include the code of the securities firm, serial number of the consignment order (or serial number of proprietary trading orders), type of consignment (margin purchase, short sale, central depositary, self-custody), account number of the principal (or of the dealer), code of listed securities, type of transaction (normal, bulk, odd-lot), price, volume, and sale/purchase. Upon acceptance by the computer of this Corporation, a trading confirmation slip shall be printed. When a matching trade is made, a trading confirmation slip will be printed on the printer of the participating securities firms. The items printed on the trading confirmation slip or the match confirmation slip may be adjusted by this Corporation depending on actual need.
The serial number of the consignment order to be keyed-in by the participating securities brokers as referred to in the preceding Paragraph shall be sequentially assigned in the order that the consignments were received. The serial number of proprietary trading orders by securities dealers shall be sequentially numbered in the order that the orders were placed.
The price of the trading orders shall be within the daily fluctuation limit placed in accordance with Paragraphs 1 and 2 of Article 63.
This Corporation shall disclose, on a real-time basis during trading hours, execution prices and volumes, and the order prices and volumes of the highest unexecuted buy orders and lowest unexecuted sell orders.
Application of securities firms for changes to the trading orders, except in the case of orders reducing the volume to be traded, shall be accomplished by first canceling the original trading order, and then placing new trading orders. |
Article 58-1 |
In principle, the announcement of price of the trading quote shall be within two fluctuation basis points of the closing price of the previous day, of the latest transaction price of the current trading day, or of the current announced price.However, in special circumstances, this Corporation may, in consideration of the trading price and the volume, make adjustments to the above.
The closing price referred to in the preceding Paragraph shall mean the last transaction price on the previous trading date.In case there are no transactions in the previous trading date, the latest transaction price shall be used.However, where there is an announcement of the daily price fluctuation limit in accordance with Paragraph 2 of Article 63, then such fluctuation limit shall be used.The latest transaction price for the current trading date, when there has been no matches on the trading date, shall refer to the closing price of the previous date.Where Paragraph 1 of Article 59 and Paragraphs 2 or 3 of Article 67 are applicable, then reference shall be made to the standards set forth in such Paragraphs, and the current announced price shall mean the transaction price, purchasing price or selling price at the time of the announcement.
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Article 58-2 |
Where matching transactions are made, the priority for satisfying trading quotes shall be as follows:
1. For quotes placed prior to the opening of the market, priority shall be determined randomly based on computer arrangement.
2. Market price quotes shall have priority over designated price quotes; provided that designated price quotes of purchases at the maximum daily high limit or sales at the maximum daily low limit shall be treated the same as market quotes for purchases or sales, and priority shall be based on the order in which the quotes were placed.
3. For designated price quotes, higher-priced purchasing quotes shall have priority over lower-priced purchasing quotes.Lower-priced selling quotes shall have priority over higher-priced selling quotes.
4. Where quotes are at the same designated prices such quotes and the designated price quotes of purchases at the maximum daily high limit and sales at the maximum daily low limit shall be treated identical to market price quotes, and priority shall be based on the order in which the quotes were placed.
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Article 58-3 |
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Article 58-4 |
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Article 59 |
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Article 59-1 |
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Article 60 |
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Article 61 |
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Article 62 |
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Article 63 |
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Article 64 |
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Article 65 |
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Article 66 |
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Article 67 |
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Article 67-1 |
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Article 68 |
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Article 69 |
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Article 70 |
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Article 71 |
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Article 72 |
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Article 73 |
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Article 74 |
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Article 74-1 |
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