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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Taipei Exchange to Advance Intraday Odd-Lot Trading Start Time to 8:30 AM from Dec. 7

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • The Taipei Exchange will adjust its intraday odd-lot trading system starting December 7.
  • Trading will begin at 8:30 AM, aligning with the regular stock market's opening.
  • The exchange will also implement a pre-opening trading halt mechanism to manage price volatility.

The Taipei Exchange announced on December 7 that it will adjust its intraday odd-lot trading system to enhance convenience and fairness for investors. Starting December 7, the system will allow trading orders to be placed from 8:30 AM, synchronizing with the regular stock market's opening at 9 AM. This change aims to give both odd-lot and regular lot investors equal opportunity to participate in trading from the market's opening.

To enhance the trading convenience and fairness for odd-lot investors, the intraday odd-lot trading system will be adjusted starting December 7.

โ€” Taipei ExchangeAnnouncement regarding the adjustment of the intraday odd-lot trading system.

To improve transparency before the market opens, the odd-lot market will display a calculated indicative price and volume every five seconds between 8:30 AM and 9 AM, mirroring the practice in the regular stock market. This will help investors monitor trading activity and make informed decisions. Additionally, a new mechanism will be introduced to temporarily halt trading if prices experience significant fluctuations before the opening. This aims to provide the market with more time to adjust and maintain stability.

The trading order placement time will be advanced to 8:30 AM and will synchronize with the regular stock market's opening at 9 AM.

โ€” Taipei ExchangeExplanation of the new trading hours for odd-lot trading.

The exchange cautioned that the intraday odd-lot market and the regular stock market operate independently. Consequently, even for the same stock, the executed prices and opening prices may differ. Both markets have their own distinct order, trading, and pre-opening halt mechanisms. Investors are advised to carefully check the displayed information and confirm their chosen trading market (odd-lot or regular) before placing orders to ensure their trades align with their investment goals.

In the pre-opening information disclosure, the intraday odd-lot market will also follow the regular stock market, displaying the calculated indicative price and volume every five seconds.

โ€” Taipei ExchangeDetails on pre-opening information disclosure for odd-lot trading.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.