By: Tien Yu-pin and Frances Huang
Taipei, Dec. 18 (CNA) The Taiwan Stock Exchange (TWSE) and the Taiwan’s securities sector have intensified their cooperation to boost market turnover in a bid to improve the country’s securities trading environment.
At a recent seminar held by the TWSE with more than 100 executives from local securities firms in attendance, the participants vowed to work together to get investors back to the trading floor and increase volume with the help of the Financial Supervisory Commission (FSC) and the exchange.
In November, combined trading volume on the main exchange and the over-the-counter market averaged NT$92.1 billion (US$2.88 billion) per day, up from NT$83.6 billion in October, but it was still below the government’s target of a minimum of NT$100 billion. [FULL STORY]