TWSE urges caution ahead of launch of odd-lot intraday trading on Oct. 26By Kao Shih-ching / Staff reporterWith odd-lot intraday trading scheduled to start on Monday next week, the Taiwan Stock Exchange (TWSE) urged investors to be cautious and not to confuse it with regular trading. The TWSE has asked securities brokerages to provide new online trading platforms that are exclusively for odd-lot intraday trading to differentiate it from current platforms for regular stock trading, TWSE trading division director Ben Chen (陳正斌) told the Taipei Times by telephone. “Investors need to be careful about which platform they are using when placing orders,” Chen said. While the TWSE has adopted a continuous trading mechanism for its regular stock trading, it would adopt a call auction mechanism for the odd-lot intraday trading, in a bid to help investors differentiate the two platforms, it said. The existing after-hours odd-lot trading will remain unchanged, with trading from 1:40pm to 2:30pm and matching orders taking place only once at 2:30pm, it said.

Source: Taipei Times October 19, 2020 15:56 UTC