TWSE to Boost Long-Term Stock Market Investment with Periodic Payment Plans
- Securities firms are to be allowed to administer periodic payment plans starting from 16 January, 2017.
Taiwan Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (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'.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
Periodic Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term
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 information sessions across Taiwan explaining the rules of periodic payment plans to representatives from securities firms.
Benefits
The goal of the additional service is to help investors across Taiwan get a better understanding of the practical aspects of period payment plans while enhancing their financial planning by way of making smaller payments over the term of the contract, thus reducing investment risk. Securities firms also benefit by being able to expand their product lines and services, resulting in synergy in the overall capital market for all participants.
Taiwan Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (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'.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
Periodic Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term
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 information sessions across Taiwan explaining the rules of periodic payment plans to representatives from securities firms.
Benefits
The goal of the additional service is to help investors across Taiwan get a better understanding of the practical aspects of period payment plans while enhancing their financial planning by way of making smaller payments over the term of the contract, thus reducing investment risk. Securities firms also benefit by being able to expand their product lines and services, resulting in synergy in the overall capital market for all participants.