TAI DCC New ETF Subscription Function


On Feb. 29, TAI DCC introduced new functions for data transmission.


  • TAI DCC introduced new functionalities for transmitting subscription/redemption data for participant stock index funds (ETFs), to streamline operations, enhance efficiency.
  • Key Features
  • Function includes transmission of ETF physical and cash subscription/redemption data, as well as ETF physical and cash subscription/redemption data query and receipt.
  • Also, transmission of ETF physical and cash subscription arbitrage and sale data.
  • Automated transmission (STP), receipt functions are provided for all transactions, allowing participants to decide whether to adopt them based on operational needs.
  • Custodians' needs can be met with custody account data maintenance transmission and automated receipt for security balances, effective from Mar. 25, 2024.
  • Effectiveness
  • The new functions are effective from Apr. 22, 2024.

Regulators TAI DCC
Entity Types B/D; Depo
Reference RF DCC No. 1130003263, 2/29/2024
Functions Financial; Operations; Reporting; Settlement; Technology
Countries Taiwan
Category
State
Products Clearing; Custody; ETFs; Securities
Regions AP
Rule Type Final
Rule Date 2/29/2024
Effective Date 4/22/2024
Rule Id 202720
Linked to N/A
Reg. Last Update 2/29/2024
Report Section International

Last substantive update on 03/04/2024