Taiwan (TWSE) Aus

Brokerage
Commission 0.4%
Minimum TWD 1000
Exchange fees:
Sales Tax 0.3% (Sell only)
Trading fee Trading fee TWD 250

Note: Goods & Services Tax (GST) will be applied to commission charges. Commission and exchange fees may be subject to change without prior notice. Please click here for custodian charges.

Custody Charges
Monthly 0.01% on month end portfolio value

Note: There is no waiver on custody charges for stocks listed on TWSE

Trading Details
Order Placement Via your designated Trading Representative

 

Trading lot Not fixed
Price Via your designated Trading Representative
Exchange TWSE
Minimum bid size Share Price (TWD) Minimum Bid Size (TWD)
0.01 < Price ≤ 10 0.01
10 < Price ≤ 50 0.05
50 < Price ≤ 100 0.1
100 < Price ≤ 500 0.5
500 < Price ≤ 1000 1
Price > 1000 5.00

 

 

Trading Hours
Singapore/Taiwan Time (Mon – Fri) 09:00am – 01:30pm
Settlement
Settlement Date1 T+2 market days
Settlement Currency SGD
Order Amalgamation Yes (Conditions for Amalgamation, click here)
Contra Trading Yes
CPF settlement No

Note: For payment methods, please click here.

 

Holidays (2020)

2020

Month Day Date Holidays Settlement Trading Day
January







Wednesday 01 January New Year’s Day No No
Wednesday 21 January No Trading Yes No
Thursday 22 January No Trading Yes No
Friday 23 January Adjusted Holiday No No
Monday 24 January Lunar New Year’s Eve No No
Tuesday 27 January Lunar New Year No No
Wednesday 28 January Lunar New Year No No
Thursday 29 January Lunar New Year No No
February Friday 28 February Peace Day No No
April Friday 02 April Children’s Day  No No
Monday 03 April Tomb Sweeping Day No No
May Friday 01 May Labor Day No No
June

Thursday 25 June Dragon Boat Day No No
Friday 26 June Adjusted Holiday No No
October

Thursday 01 October Mid-Autumn Festival No No
Friday 02 October Adjusted Holiday No No
Friday 09 October Adjusted Holiday No No

Information is correct at time of posting.

Additional Details

According to Article 10 of Taiwan’s “Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals”, offshore foreign institutional investors (“FINI”) (i.e. institutions incorporated outside the territory of Taiwan) investing in securities listed on the Taiwan Stock Exchange (“TWSE”) and/or the Taipei Exchange (‘Taiwanese Products”) must register with the TWSE.  Phillip Securities Pte Ltd (“PSPL”) has been instructed by the regulatory body in Taiwan to ensure that:

(i)     Mainland Chinese and Taiwanese nationals do not invest in any investment products listed on the aforementioned exchanges via our FINI license;

(ii)    Funds remitted to the FINI to invest in Taiwanese investment products do not come from Mainland Chinese or Taiwanese sources, and

(iii)   No single beneficiary owner holds 10% or higher of a single investment product’s issued share capital (“10% Rule”), such as 10% or more of a listed company’s share capital.

 

With effect from 18 November 2016, clients are required to acknowledge a Letter of Undertaking before they are able to trade in any securities listed on the TWSE;  if they fail to do so, they are not allowed to purchase any Taiwan shares but will be allowed to liquidate their holdings.

Click to see Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals

Kindly contact your Trading representatives if you have any enquiries. The Letter of Undertaking can be obtained from your Trading Representatives.

  1.  Should the due date coincide with a:
    a) Singapore public holiday - The due date will follow the traded market's due date.
    b) Taiwan public holiday - due date will be the following market day