Taiwan limits the uncovered sale like the US Rock Markets World Prices

Taipei, on April 6 (CNA), the best financial regulator of Taiwan announced temporary stock market measures, in particular tightened limits on the open sale, in order to maintain stability in the middle of chaos in the world markets caused by the scanning of American prices.

In a statement published on Sunday evening, the Financing Financial Commission (FSC) said that the Taiwan stock market had not yet reacted to American prices and the world response due to a long holiday weekend that started on Thursday.

For this reason, as well as the uncertainty continues on the global markets concerning the prices, the FSC said that it had decided to impose temporary regulations from Monday to Friday to guarantee the stability of the stock market and the interests of investors.

While interrupting the prohibition of uncovered sale, the FSC said that this would reduce the limit of intra -day sales orders for titles borrowed at 30% of the average volume of action for action during the previous 30 working days at only 3%.

At the same time, the minimum margin ratio for uncovered sale on the Taiwan Stock Exchange (TWSE) or on the Taipei Stock Exchange (which operates the local OTC market) will be from 90% to 130%, said the FSC.

Meanwhile, the FSC also said that it was breastfeeding the limits of the types of guarantee that can be used to cover a margin deficit.

L’annonce du régulateur est intervenue après que le président de la FSC, Peng Jin-Lung (彭金隆 彭金隆) et le président de TWS, Sherman Lin (林修銘 林修銘 林修銘), ont rencontré le premier ministre Cho Jung-Tai (卓榮泰 卓榮泰) dimanche matin pour analyser les principales baisses en bourse et discuter des mesures de réponse possibles.

Since American president Donald Trump imposed prices on more than 180 countries on April 2, global actions have dropped sharply. In the United States, more than 6 dollars were wiped into the markets by the dive, while the industrial average of Dow Jones fell by more than 1,500 points two days in a row for the first time.