Taiwan targets liquidity for stock exchange
The Taiwan Stock Exchange Corp (TWSE) took steps this week to repair years of anaemic trading on its stock market. It faces an uphill battle, however, as Taiwanese investors are jumping on the A-share bandwagon, draining liquidity from the country's volume-poor market.
Effective June 1, it has lifted the daily price limit for Taiwan-traded stocks from 7% to 10%. It also expanded the list of stocks available for day trading, and has improved disclosure of trading prices and volumes during pre-opening and closing.
It has also eased curbs on securities
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.