TAI EXC Odd-Lot Trading Information


On Sep. 20, TAI EXC shortened interval for market information.


  • TAI EXC reduced the disclosure interval for intraday odd-lot stock trading information to 5 seconds; aims to provide more immediate and comprehensive information.
  • Follows TAI EXC Aug. 2022 shortened matching interval of odd-lot, see #146115.
  • Amendments
  • These enhancements are part of TAI FSC's capital market blueprint initiative, #84140.
  • TAI EXC will monitor market changes and improve odd-lot trading to help everyone, especially new investors, join the stock market and benefit from economic growth.
  • Effectiveness
  • The enhancements will be effective from Nov. 27, 2023.
  • Nov. 2023 TAI FSC
  • On Nov. 2, 2023, TAI FSC said the interval for disclosing intraday odd-lot trial quotations will be reduced from 10 seconds to 5 seconds, starting from Nov. 27, 2023.
  • The goal is to provide investors with more immediate, transparent market information to enhance their buying and selling decisions and optimize the odd-lot trading market.
  • Investors should take into account this new measure, evaluate trading costs, assess their finances, and consider company fundamentals while staying vigilant about risks.
  • Nov. 22, 2023 Reminder
  • On Nov. 22, 2023, TAI EXC issued reminder re change in trading information interval.
  • Jan. 2024 Further Reduction of Interval
  • On Jan. 30, 2024, TAI FSC reported the intraday odd lot system has improved market efficiency, prompting plans to further reduce the matching interval to 5 seconds.
  • This initiative aims to promote intraday odd-lot liquidity, improve convenience for intraday odd-lot trading, and create an inclusive investment environment.
  • The implementation is expected by the end of 2024.
  • Mar. 15, 2024 TAI TPEX
  • On Mar. 15, 2024, TAI TPEX amended Regulations governing odd-lot trading of listed securities, to reduce interval between odd-lot trading matches during trading hours.
  • The amendments are effective from Dec. 2, 2024.
  • Mar. 15, 2024 Press Release
  • On Mar. 15, 2024, TAI EXC issued press release stating the auction interval for intraday odd-lot trading will be shortened from 1 minute to 5 seconds starting Dec. 2, 2024.
  • Mar. 15, 2024 Amendment Published
  • On Mar. 15, 2024, TAI EXC published amended regulations re reduced auction interval.
  • Jul. 2024 TAI FSC Reminder
  • On Jul. 4, 2024, TAI FSC reminded re commencement on Dec. 2, 2024; said it expects the reduced interval will increase liquidity and facilitate more transactions in odd lots.
  • TAI FSC will continue to oversee TAI EXC and TAI TPEX in enhancing communication with securities firms and investors; reminded investors to be aware of associated risks.

Regulators TAI EXC; TAI FSC; TAI TPEX
Entity Types B/D; Corp; Exch
Reference PR 7/4/2024; RF TWSE No. 1130004181, 3/15/2024; PR 3/15/2024; RF TPEX No. 11300555841, 3/15/2024; Lt FSC No. 11303336631, 3/8/2024; PR 1/30/2024; PR 11/22/2023; PR 11/2/2023; PR 9/20/2023
Functions Financial; Operations; Trading
Countries Taiwan
Category
State
Products Securities
Regions AP
Rule Type Final
Rule Date 9/20/2023
Effective Date 12/2/2024
Rule Id 185360
Linked to Rule :146115
Reg. Last Update 7/4/2024
Report Section International

Last substantive update on 07/06/2024