Ø A shortfall occurs in a security due to a securities finance company's operation of margin purchase and short sale business, securities lending business and refinancing business,or,
Ø The securities finance company is engaged by a securities firm to handle on its behalf any open position that still remains after Sell-First-Buy-Later day trading.
Ø According to the regulation, the securities finance company shall initiate a competitive bid of a security as of 9 am on the next business day.
Ø For details, the link URL is as follows:
http://eng.selaw.com.tw/LawArticle.aspx?La wID=FL007044&ModifyDate=1080926 )
Daily information for securities borrowed through competitive bid initiated by securities finance company can be found on:
(https://www.twse.com.tw/en/page/trading/exchange/ BFIB8U.html)
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