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Financial Market
- Taiwan
MA3N0203 PAO-HSIN HSU
Content
TAIWAN FINANCIAL MARKET
TAIWAN STOCK MARKET
MARKET INFRASTRUCTURE
The Taiwan Stock Exchange (TWSE)
The GreTai Securities Market (GTSM)
The Taiwan Futures Exchange (TAIFEX)
IPO IN TAIWAN
The Characteristic Of TW Stock Market
Taiwan Financial Market
Money Market
Short-term
Transactions
Instruments
Inter bank callloan Markets
Treasury Bills
Capital Market
Repo Trade
Market
Foreign
Exchange
Market
Financial Derivative
Market
Stock
Market
Forward Market
Bond
Market
Futures market
Banker's and Trade
Acceptances
Options Market
Commercial Paper
Call warrant
Market
Negotiable Certificates
of Deposit
Swap Contracts
Market
Taiwan stock market _ part 1
known as one of the most active exchanges in
the Asia Pacific region
with its fully automated trading system and book entry
mechanism
The end of 2011
the total market capitalization of the 790 companies listed on the
Taiwan Stock Exchange (TWSE) amounted to US$634 billion
the ratio of Taiwan market capitalization to GDP was 139.8%
the total trading value in the same year being at US$890.94 billion
Turnover-rate of 119.87% and the Taiwan market P/E Ratio of
15.76
Taiwan stock market _ part 2
In the 1990s
Under the supervision of the Financial
Supervisory Commission (FSC), the Taiwan
securities market initiated its modernization
process
Starting in 2000
With a view to building a more
accommodating regulatory environment
and carried out a series of legal reforms
Market Infrastructure
The Taiwan Stock Exchange (TWSE)
the primary equities market in Taiwan
The GreTai Securities Market (GTSM)
the market for bonds and small to
medium-sized enterprises (SMEs)
The Taiwan Futures Exchange (TAIFEX)
the principal derivatives market in Taiwan
TWSE Structure
IPO IN TAIWAN
The Characteristic
of Taiwan Stock Market
1. High Turnover-rate
2. Funding focus on Electronics stocks
3. High proportion of Retail Investors
trading
4. Serious Insider Trading
5. Limitation on transaction & Human
intervention