Skip to main content
:::
Emerging Stock Board (ESB)

Regulations

  1. On Sep. 13, 2024, to add the conditions excluded from the trading halt for individual emerging stock, to adjust the way of account change for the emerging stocks (including the listed open-ended fund and Spot Gold), to stipulate the deadline for the securities broker notifying the TPEx when their customer failing to fulfill the settlement obligation:
    Announcement No. Securities-TPEx-Trading-11300711431 dated Sep. 13, 2024. Information link:Please click here

  2. On Nov. 28, 2023, to correspond the consolidation of Pioneer Stock Board (PSB) and the Emerging Stock Board (ESB) from 1 January 2024:
    Announcement No. Securities-TPEx-Trading-11201019541 dated Nov. 28, 2023. Information link:Please click here

  3. The amendment for the price range of orders is introduced on Oct. 17, 2022.
    Announcement No. Securities-TPEx-Trading-11100607250 dated Jul. 4, 2022. Information link:Please click here

  4. Emerging Stock Market (ESM) is divided into Emerging Stock Board (ESB), the existing emerging stock market, and Pioneer Stock Board (PSB) for which buyers are limited to qualified investors. PSB related regulations are amended per 31 March 2021 Public.
    Announcement No. Securities-TPEx-Examination-11000551461 of the Taipei Exchange. Information link:Please click here

  5. On Mar 23, 2020, with reference to the rules of TPEx/TWSE-listed stocks, the minimum unit for reporting trading prices of ESB stocks will be adjusted from the existing fixed tick unit to six different brackets:
    Announcement No. Securities-TPEx-Trading-10800529021 dated Mar. 14, 2019. Information link:Please click here

  6. On Mar 23, 2020, the Taipei Exchange Rules Governing the Trading of ESB stocks on the TPEx and relevant regulations will be amended to accommodate to the implementation of the continuous trading system during mid-session since Mar. 23, 2020.
    Announcement No. Securities-TPEx-Trading-10700539481 dated Dec. 28, 2018. Information link:Please click here

  7. On Aug. 15 2016, with regard to strengthening ESB stocks RSFs’ market-making obligation (shortening the frequency of continuous quotes and the period in which RSFs are required to repurchase the shares for insufficient holding position), restricting methods of outside system price negotiation, and adding the rule of trading halt for individual ESB stocks:

    1. Announcement of Regulations: Announcement No. Securities-TPEx-Trading-10500032381 dated Feb. 19, 2016. Information link:Please click here
    2. Announcement of the implementation date: Announcement No. Securities-TPEx-Trading-10500093851 dated Apr. 13, 2016. Information link:Please click here

  8. On Feb. 15, 2016, to adjust the DVP timing of ESB stocks to Day T + 2 and adjust the timing reporting the trading detail of ESB stocks through omnibus trading accounts.
    Announcement No. Securities-TPEx-Trading-10500020871 dated Jan. 25, 2016. Information link:Please click here

  9. On Oct. 6,2014, to allow to trade ESB stocks through omnibus trading accounts, add trading methods through outside system price negotiation, and allow an error account of the payment settlement may be conducted on the basis of the net balance after offsetting the purchases and sales.

    1. Announcement of Regulations: Announcement No. Securities-TPEx-Trading-10300141551 dated Jun. 13, 2014. Information link:Please click here
    2. Announcement of the implementation date: Announcement No. Securities-TPEx-Trading-10300230482 dated Aug. 25, 2014. Information link:Please click here

  10. On Jan. 7, 2013, to implement the trading rules, including RSFs with the best quote have the priority to execute, execution prices to be determined by quotes from RSFs, instant execution of trading orders meeting prices quoted, and minimum quoted volume to be determined by price brackets.

    1. Announcement of Regulations: Announcement No. Securities-TPEx-Trading-1010019748 dated Aug. 22 2012. Information link:Please click here
    2. Announcement of the implementation date: Announcement No. Securities-TPEx-Trading-1010025516 dated Oct. 18, 2012. Information link:Please click here