FSC mulls relaxation of day trading rules

Taiwan News
Date: 2015-11-25
By: Central News Agency

Taipei, Nov. 25 (CNA) The Financial Supervisory Commission (FSC) is studying the possibility of relaxing day trading rules to allow investors to conduct such trading of all stocks listed on the local equity market, FSC Chairman Tseng Ming-chung said Wednesday.

Asked about a possible relaxation in day trading rules in a hearing held by the financial committee of the Legislative Yuan, Tseng said that the FSC is evaluating the feasibility of an increase in day trading.

Investors had been allowed to engage in day trading — whether buying first and selling later or selling first and then buying later on the same day — of any of 200 stocks since 2014. Before the change, day trading was allowed only for margin trading or short selling.     [FULL  STORY]

Leave a Reply