Taiwan Stock Exchange

The Taiwan Stock Exchange (Taiwan Stock Exchange or TWSE) is Taiwan's largest stock market and one of the most important financial centers in Asia. The Taiwan Stock Exchange was established in November 1961 and currently has more than 900 listed companies with a total market value of approximately NT$35 trillion (approximately US$1.2 trillion). The main function of the Taiwan Stock Exchange is to provide open, fair, transparent and effective stock trading services, supervise market order and protect the rights and interests of investors. The Taiwan Stock Exchange is also responsible for promoting the development and innovation of the capital market, such as the launch of new products, new systems, new technologies, etc.

The trading hours of the Taiwan Stock Exchange are from 9 am to 1:30 pm every working day, with no breaks in between. The Taiwan Stock Exchange uses an electronic trading system. Investors can place orders through the Internet, telephone or other communication tools, or through brokers or other financial institutions. The trading unit of the Taiwan Stock Exchange is a stock, and each stock represents an equity unit. Transaction fees on the Taiwan Stock Exchange include handling fees, stamp duties, supervision fees, etc. Generally speaking, the buyer and seller each pay half.

Stocks on the Taiwan Stock Exchange are divided into two types: listed stocks and emerging stocks. Listed stocks refer to stocks that meet the listing standards and regulations of the Taiwan Stock Exchange, such as turnover, capital, surplus, shareholder equity, etc. Listed stocks can be traded on the Taiwan Stock Exchange's Main Board or ICE Board. Emerging stocks refer to stocks that do not meet listing standards but have growth potential, such as start-up companies, technology companies, cultural and creative industries, etc. Foreign exchange stocks can be traded at the foreign exchange center under the Taiwan Stock Exchange.

The Taiwan Stock Exchange's index is a number that reflects the overall market trend and performance. It is also an important tool for investors to refer to and analyze. The Taiwan Stock Exchange has a variety of indexes, the most important of which is the weighted stock price index (referred to as the weighted index or broad market). It is an index weighted by the market value of all listed stocks. There are currently more than 900 constituent stocks. The weighted index has been based on 100 points since January 4, 1998, and as of the close of June 12, 2023, it was 17,456.32 points, setting a record high. In addition to weighted indexes, the Taiwan Stock Exchange also has other indexes, such as industry indexes, risk indexes, electronic stock indexes, etc.

The Taiwan Stock Exchange is the core and engine of Taiwan's capital market. It not only provides a platform for companies to raise funds, but also provides investors with investment opportunities. The Taiwan Stock Exchange is committed to enhancing the international competitiveness and influence of the market and establishing cooperation and connections with stock exchanges in other countries and regions. The Taiwan Stock Exchange also actively promotes social responsibility and sustainable development, such as supporting environmental, social and governance (ESG) investment concepts and publishing the Taiwan Sustainability Index.

In order to give you a deeper understanding of the Taiwan Stock Exchange, I will introduce to you some of its features and highlights:

The Taiwan Stock Exchange is the first stock exchange in the world to implement fully electronic trading. Its trading speed and efficiency are very high, and it can handle more than 3,000 transactions per second.

The Taiwan Stock Exchange is the first stock exchange in the world to launch derivative financial products such as stock futures, stock options and stock index futures. Its derivatives market is very large and active, with a daily trading volume of more than 10 million contracts. .

The Taiwan Stock Exchange is the first stock exchange in the world to launch an international board denominated in US dollars. Its international board allows foreign companies to list in Taiwan and allows Taiwanese investors to invest in foreign companies.

The Taiwan Stock Exchange is the first stock exchange in the world to launch a website and mobile application with Chinese as the main language. Its website and mobile application can provide a wealth of market information and services, and can also support multiple languages and currencies. .