TWSE to Boost Long-Term Stock Market Investment with Periodic Payment Plans
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TWSE to Boost Long-Term Stock Market Investment with Periodic Payment Plans
Taiwan Stock Exchange (TWSE) has announced that in order to encourage stable, long-term investing in the stock market and expand the business scope of securities firms, it has devised the ‘Rules Governing Periodic Payment Plans Entrusted to Securities Firms’.
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Periodic Payments
The rules were approved by the Financial Supervisory Commission and released to the securities firms on 23 December, 2016.
Starting 16 January, 2017, investors may contact securities firms administering such payment plans and proceed to make periodic subscriptions of stocks and ETFs.
The TWSE has held ... (read more)
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