Reported about 1 year ago
As reported by SET News on July 4, 2024, Taiwan's small-lot trading trend is on the rise. According to the Financial Supervisory Commission, as of May this year, the number of under-30 investors participating in small-lot trading on the stock market has exceeded 330,000 accounts, accounting for nearly 28% and dominating all age groups. The daily trading value of small-lot trading has surpassed 5.085 billion NT dollars, accounting for 1.22% of the total trading value in the centralized market. However, with the surge in small-lot trading, there is a growing risk of default delivery, as seen in the recent case of TSMC stock where a default delivery event involving a staggering 28.92 million NT dollars occurred. The Taiwan Stock Exchange warns that default delivery not only affects one's credit but may also lead to legal responsibilities in civil, criminal, and administrative matters.
Source: YAHOO