DEFINITION of Taiwan Stock Exchange (TAI) .TW
The Taiwan Stock Exchange (TWSE) is the securities trading center in Taiwan. Based in Taipei, it was established in 1961 and began operations in February 1962. Its listed securities include stocks, government bonds, convertible bonds, exchange-traded funds (ETFs), call warrants, put warrants, Taiwan Depositary Receipts (TDRs) and REIT beneficiary securities.
BREAKING DOWN Taiwan Stock Exchange (TAI) .TW
The TWSE provides a range of services that include the listing of securities, corporate governance, trading of securities, clearing and settlement, information services and safety, market surveillance, monitoring of securities firms, and a rules and regulations directory. Its stated goals include driving Taiwan’s economic growth by developing new financial products, improving Taiwan's capital markets and strengthening the nation's international competitiveness.
The TWSE’s trading schedule runs from Monday through Friday, from 9 a.m.- 1:30p.m. The exchange trades shares in New Taiwan Dollar (TWD).
Listing on the TWSE
Domestic public companies or foreign issuers looking to list on the TWSE must meet specific financial and operational criteria. Once met, they submit an IPO application which is reviewed by an internal committee and then sent to the Securities Listing Review Committee. If the application is approved, it then moves on to be ratified by the TWSE Board of Directors, which enables the TWSE and the applicant to enter into an official listing contract. It is then filed and recorded with the Financial Supervisory Commission (FSC). Once listed, the company must adhere to listing requirements which include listing fee payments and the filing of financial reports.
Notable Dates in TWSE’s History:
October 23, 1961: TWSE is established.
February 9, 1962: TWSE officially opens.
September 1, 1976: TWSE’s clearing and settlement systems move to electronic systems.
May 20, 1982: TWSE becomes a founding member of the East Asian Oceanian Stock Exchanges Federation (EAOSEF), now the Asian and Oceanian Stock Exchanges Federation (AOSEF).
October 25, 1993: TWSE joins the International Organization of Securities Commissions (IOSCO) as an affiliate member.
March 19, 1998: TWSE becomes the second exchange in the world to earn the ISO 9001 certification for quality management systems.
February 26, 2004: TWSE becomes the first exchange in the world to earn the ISO27001/BS7799 certification for implementing information security management systems.
April 18, 2008: TWSE becomes a member of the Global Association of Central Counterparties (CCP12).
February 24, 2011: TWSE becomes the fourth exchange in the world to earn the ISO20000 IT Service Management certification.
FAQs
DEFINITION of Taiwan Stock Exchange (TAI) . TW. The Taiwan Stock Exchange (TWSE) is the securities trading center in Taiwan. Based in Taipei, it was established in 1961 and began operations in February 1962.
What is the history of Taiwan Stock Exchange? ›
The Taiwan Stock Exchange Corporation (TWSE; Chinese: 臺灣證券交易所) is a financial institution, located in Taipei 101, in Taipei, Taiwan. The TWSE was established in 1961 and began operating as a stock exchange on 9 February 1962. It is regulated by the Financial Supervisory Commission.
What is the symbol for the Taiwan Stock Exchange? ›
TWSE Quote - Taiwan Stock Exchange Weighted Index - Bloomberg.
What is the name of the stock exchange in Taiwan? ›
The Taiwan Stock Exchange (TWSE) was established in 1961 and started trading on February 9, 1962. Based in Taipei, it has been the primary stock exchange in Taiwan.
What is the Taiex stock index? ›
The Taiwan Stock Exchange TAIEX Index is a major stock market index which tracks the performance of all listed common shares traded on the Taiwan Stock Exchange. It is a capitalization-weighted index.
What was the first stock exchange in history? ›
Who Created the Stock Market? The first modern stock trading market was created in Amsterdam when the Dutch East India Company was the first publicly traded company. To raise capital, the company decided to sell stock and pay dividends of the shares to investors. Then in 1611, the Amsterdam stock exchange was created.
Who is the oldest stock exchange? ›
The Amsterdam stock exchange is considered the oldest "modern" securities market in the world. It was created shortly after the establishment of the Dutch East India Company (VOC) in 1602 when equities began trading on a regular basis as a secondary market to trade its shares.
Is Taiwan under China rule? ›
The ROC government relocated to Taiwan in 1949 while fighting a civil war with the Chinese Communist Party. Since then, the ROC has continued to exercise effective jurisdiction over the main island of Taiwan and a number of outlying islands, leaving Taiwan and China each under the rule of a different government.
What is under the symbol 2317 TT in Taiwan Stock Exchange? ›
2317-TW: Hon Hai Precision Industry Co Ltd - Stock Price, Quote and News - CNBC.
What is the largest stock market in the world? ›
New York Stock Exchange
But it has remained the largest stock exchange in the world by market capitalisation ever since the end of World War I, when it overtook the London Stock Exchange. In 2012, the NYSE was taken over by an American futures exchange group, Intercontinental Exchange.
In 2022, the 971 traded companies at the Taiwan Stock Exchange had a market capitalization of over 44 trillion New Taiwan dollars. It was one of two stock exchanges in the region. The other one was the Taipei Exchange which lists 808 companies but only has a market value of around four trillion New Taiwan dollars.
How many companies are on the Taiwan Stock Exchange? ›
In 2022, 971 companies were listed on the Taiwan Stock Exchange with a combined market value of over 44 trillion New Taiwan dollars. The TWSE was one of two of the region's bourses, the other being the much smaller Taipei Exchange which has a market capitalization of almost 4.4 trillion yuan.
Can I buy US stocks from Taiwan? ›
You can buy shares in leading companies from all around the world, including Hong Kong, mainland China and the US. With a global portfolio, you'll have the chance to profit from market volatility and earn dividends as you share in the company's growth.
What is the abbreviation for the Taipei stock exchange? ›
TPEx “ETF Reward Program” Kicks off TPEx “ETN Reward Program” Kicks off The trading of shares and convertible bonds linked to TPEx listed company LAUNCH TECH, Code 8420, will be resumed starting from 04 16, 2024.
Does Taiwan have a stock market? ›
The Taiwan Stock Exchange (TWSE) is the securities trading center in Taiwan.
What are the big three stock indexes? ›
- The S&P 500.
- The Dow Jones Industrial Average.
- The Nasdaq Composite Index.
The BSE (Bombay stock exchange) is not only India's oldest stock exchange but it is the oldest stock exchange in Asia.
How much has the US invested in Taiwan? ›
U.S. foreign direct investment (FDI) in Taiwan (stock) was $16.7 billion in 2022, a 2.7 percent increase from 2021.
How many companies are listed on the Taiwan Stock Exchange? ›
Listing Statistics for Stock (2017-2021)
| Year | No. of Listed Companies | No. of Listed Shares |
|---|
| 2018 | 928 | 707,785 |
| 2019 | 942 | 709,341 |
| 2020 | 948 | 719,182 |
| 2021 | 959 | 735,971 |
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