Stock Trading

Taiwan (TWSE)

Monthly 0.01% on month end portfolio value

Note: Taiwan custody fee – recovery of all foreign fees is subject to GST, including Taiwan custody fee.

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

 

 

Sales Tax 0.3% (Sell only)
Trading fee Trading fee TWD 250

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice. Please click here for custodian charges.

Singapore/Taiwan Time (Mon – Fri) 09:00am – 01:30pm
Settlement Date4 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.

 

  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.

2023

Month Day Date Holidays Settlement Trading Day
January Monday 02 January New Year’s Day Obs No No
Wednesday 18 January Lny – No Trading 1 Yes No
Thursday 19 January Lunar New Year Yes No
Friday 20 January Lunar New Year No No
Monday 23 January Lunar New Year No No
Tuesday 24 January Lunar New Year No No
Wednesday 25 January Lunar New Year No No
Thursday 26 January Lunar New Year No No
Friday 27 January Lunar New Year No No
February Tuesday 28 February Peace Day No No
April Monday 03 April Adjusted Holiday No No
Tuesday 04 April Children’s Day No No
Wednesday 05 April Tomb Sweeping Day No No
May Monday 01 May Labour Day No No
June Thursday 22 June Dragon Boat Day No No
Friday 23 June Adjusted Holiday No No
September Friday 29 September Mid-autumn Festival No No
October Monday 09 October Adjusted Holiday No No
Tuesday 10 October National Day No No

Information is correct at time of posting.

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.

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