The Financial Supervisory Commission (FSC) of Taiwan has clarified its position on the idea of extending stock market trading hours, indicating that it is not a current priority and no timeline has been set for such changes. According to FSC Chairman Peng Jin-lung, any initiative to prolong trading beyond the current schedule of 9:00 a.m. to 1:30 p.m. would necessitate widespread agreement from the public and industry stakeholders before it could be considered.
This statement comes in the wake of ongoing discussions by the Taiwan Stock Exchange (TWSE), which is exploring the feasibility of extending trading hours until 3:30 p.m. The exchange’s aim is to synchronize more closely with international markets, as it believes that longer trading periods could boost market activity. However, the TWSE is still in the process of consulting with brokerage firms to gather input and assess the potential impacts of such a change.
In a move to enhance trading efficiency and market liquidity, the TWSE has announced a change in the timing of odd-lot trading. Starting from the end of this year, odd-lot trading will commence at 9:00 a.m., aligning it with the start of the standard trading session, as opposed to the previous 9:10 a.m. start time.
Additionally, the TWSE is planning to accelerate the order matching process for odd-lot trades by reducing the interval from five seconds to just one second. This change is slated to take effect next year and is part of the exchange’s ongoing efforts to improve the overall trading experience for investors.