Page 53 - 臺灣證券交易所2022年報

ANNUAL REPORT 2022 年報 1) The TWSE will hold market-making incentive activities and enhance related measures. 2) The TWSE plans to install an integrated platform, aggregating various information and statistics from multiple websites and adding value with visualized analysis and interactivity, to transmit accurate investment information and knowledge. 3) Promote advanced “Capital Market Roadmap” measures with the Taiwan Securities Association: Study enhanced measures for intraday odd lot trading, feasibility of Market With Protection (MWP) orders, and order execution priority for both market orders of stocks under opening price limits and pre-market limit up-limit down limit orders. 4) Improve the quality of pre-opening information disclosure, and bring the clearing and settlement system in line with global standards. 5) Promote the acceptance of beneficiary rights as collateral for non-restricted purpose loans. 6) The TWSE will evaluate expanding the scope of collateral to include convertible bonds and corporate bonds. 7) The TWSE will assess the feasibility of permitting securities firms to extend non- restricted purpose loans; where a convertible bond of a TPEx listed company is used as collateral, the collateral financing calculation shall be 60% of the face value. 2. Broker Management 1) The TWSE will continue to encourage the sustainability transformation of securities and futures firms, as well as optimize ESG reporting mechanisms for securities firms. 2) The TWSE will consider the feasibility of allowing securities firms to provide additional digitized services at physical service locations, as well as more efficient and convenient digital identity verification methods. 3) The TWSE will deliberate allowing electronic documentation services for account statements and notification letters, as well as encouraging securities and futures firms to enable open data inquiries. 4) The TWSE will study the setting of standards of default settlements for investors by securities firms, as well as allowing securities dealers to invest in securities of non- publicly issued companies. 51 V. Other Major Businesses 1. Trading Business