By: Central News Agency
Taiwan has further relaxed its rules on day trading in a bid to boost investors’ interest and eventually expand turnover in the local equity market, according to the Taiwan Stock Exchange (TWSE).
Under the new regulations, which took effect Feb. 1, day trading will include stocks that are eligible for margin trading and short sales, the TWSE said. Day trading now includes stocks that account for almost 100 percent of market capitalization, it said.
Day trading allows traders to buy first and sell later or sell first and buy later in a single session, according to the TWSE. [FULL STORY]