| Article 1 |
These Supplementary Provisions are adopted pursuant to Article 30, paragraph 2 of the Taipei Exchange Rules Governing the Use of Securities Trading Information.
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| Article 2 |
A user applicant that intends to apply to transmit (broadcast) the TPEx's Real-time Stock Price Index Information or its Delayed Trading Information, or both types of information, must contact a user applicant (other than a securities firm or futures commission merchant) that has already signed a Contract for Supply and Use of Trading Information with the TPEx and applied to transmit real-time trading information, and must set up in indirect network connection with the other user applicant; such a user applicant must also sign and execute a Contract for Use of Trading Information (as attached) with the TPEx, which will transmit the above trading information via an indirect connection.
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| Article 3 |
A user applicant (other than a securities firm or futures commission merchant) that has already signed and executed a Contract for Supply and Use of Trading Information for the transmission of real-time trading information via a direct connection may also apply to provide Real-time Stock Price Index Information and Delayed Trading Information to its data subscribers for their own use.
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| Article 4 |
A user applicant may provide the following elements of the TPEx's Real-time Stock Index Information and/or its Delayed Trading Information:
- Real-time stock index information: Includes index time, transaction volume, non-financials index, sub-indices, turnover, and the previous day's weighted index.
- Delayed trading information: Means stock price index information and individual stock trading information that lags 20 minutes or longer behind real-time trading information.
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| Article 5 |
Fee standards:
- Real-time stock price index information:
- A user applicant with a direct connection (other than a securities firm or futures commission merchant) shall pay to the TPEx a monthly information user fee of NT$4,000 for each user applicant with an indirect connection, as reported to and approved by the TPEx.
- A user applicant with a direct connection (other than a securities firm or futures commission merchant) that provides information directly to data subscribers for their own use is exempt from fees.
- Delayed trading information:
- A user applicant with a direct connection (other than a securities firm or futures commission merchant) shall pay to the TPEx a monthly information user fee of NT$12,000 for each user applicant with an indirect connection, as reported to and approved by the TPEx.
- A user applicant with a direct connection (other than a securities firm or futures commission merchant) that provides information directly to data subscribers for their own use, or only provides the Delayed Stock Price Index, is exempt from fees.
- The TPEx may, depending on the subsequent status of market development and usage prevalence among subscribers, negotiate with the industry and adjust the aforementioned fee standards.
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| Article 6 |
Administration of reporting:
- User applicant with a direct connection:
- Such an applicant shall submit to the TPEx each quarter (on a calendar-year basis) a list of user applicants with indirect connections to whom it re-transmits Real-time Stock Price Index Information and Delayed Trading Information.
- A party that has applied to provide Real-time Stock Price Index Information and/or Delayed Trading Information to its data subscribers for their own use shall additionally to establish a transmission and subscriber file management control system separate from that used for real-time data subscribers. Said party must also submit to the TPEx each quarter (on a calendar-year basis) a detailed list of information equipment to be used, and a summary of additions or changes thereto shall be submitted to the TPEx before the seventh day of the following quarter. However, where information is transmitted via the Internet and accessed via browser at the subscriber end and information can be obtained without on-line registration, a subscriber report need not be submitted.
- User applicant with a indirect connection: If such an applicant transmits (or broadcasts) Real-time Stock Price Index Information or Delayed Transaction Information it has obtained to its data subscribers for their own use, it is exempt from the requirement to complete approval and reporting procedures for its subscriber roster with the TPEx.
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| Article 7 |
Other administrative rules:
- To avoid misleading data subscribers and clarify responsibility, a user applicant that provides delayed transaction information must add a conspicuous note to its screen presentation stating that said information lags 20 minutes or more behind real-time information.
- A user applicant with a direct connection that provides delayed trading information to downstream enterprises or subscribers shall be responsible for strictly controlling the amount of time such trading information is delayed.
- A user applicant must issue a letter of undertaking guaranteeing that when the transmission of trading information under these Supplementary Provisions results in actions that disrupt securities market trading order, it is willing to fully cooperate with response measures as instructed by the competent authority for securities.
- When necessary, the TPEx may dispatch personnel to inspect a provider or user of Real-time Stock Price Index Information or Delayed Transaction Information; a user applicant and the enterprises that have an indirect connection via the user applicant shall cooperate, and may not deliberately reject or evade such inspection.
- A user applicant with an indirect connection may stipulate or agree in advance with the directly connected user applicant that provides it with Real-time Stock Price Index Information or Delayed Trading Information, that the latter is obligated to make its best effort to notify the indirectly connected user applicant of any amendment of the Taipei Exchange Rules Governing the Use of Securities Trading Information or of provisions pertaining thereto in the TPEx's bylaws, circular letters, or public announcements. The TPEx accepts no responsibility for providing such notification, and user applicants with an indirect connection may not plead ignorance thereof as a reason for refusal to comply.
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| Article 8 |
These Supplementary Provisions shall be implemented following ratification by the competent authority.
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