Regulations Governing Foreign Exchange Business of Securities Enterprises Article 35
Securities enterprises that have obtained the qualification to engage in proprietary trading of securities or to accept orders to trade securities on the centralized securities exchange market may also engage in proprietary or broker trading of foreign currency denominated ETFs without making an application.When engaging in the business mentioned in the preceding paragraph, a securities enterprise shall comply with the following rules:1. Receipt/payment between the securities enterprise and investors regarding the purchase and sale of a foreign currency denominated ETF shall be made in the denominated currency of that ETF.2. A foreign currency denominated ETF may not be an underlying product in margin purchase and short sales, securities borrowing and lending, borrowing or lending money in connection with securities business, or borrowing or lending money without specific purposes by securities firms, and other relevant businesses.3. NTD denominated ETF positions acquired through margin purchase or borrowing may not be converted into foreign currency denominated ETFs.4. When the trading order of an investor to buy a foreign currency denominated ETF fails to be executed and if the securities broker has collected payments from the investor in advance, the securities broker shall return the advance payments no later than the next business day following the trading day.5. When an investor’s amount receivable is greater than the amount payable on the same settlement day, the securities enterprise may sign an intra-day overdraft contract with the settlement bank to facilitate timely settlement with the investor.6. In the case of out-trade, an investor default on a sale, or an overseas compatriot or foreign investor requesting a delay in settlement, the securities enterprise may apply to TWSE for borrowing securities to cover the settlement.
中文原文 證券業辦理外匯業務管理辦法第35條
證券業已取得在集中交易市場自行或受託買賣有價證券資格者，得不經申請逕行從事外幣計價ETF之自營或經紀業務。
證券業從事前項業務，應依下列規定辦理：
一、與投資人間有關買賣外幣計價ETF之款項收付，應以該標的計價幣別為之。
二、外幣計價ETF不得為融資融券、有價證券借貸、證券商辦理證券業務借貸款項及不限用途款項借貸等相關業務之標的。
三、融資買進及借入部位之新臺幣計價ETF，不得轉換為外幣計價ETF。
四、投資人下單買入外幣計價ETF未成交時，證券經紀商若向投資人預收款項，至遲應於交易日之次營業日返還。
五、於同一交割日受託賣出金額大於買進金額時，為利及時與投資人辦理交割，得與交割銀行簽訂日中透支契約。
六、因買賣發生錯帳、投資人賣出違約或境外華僑與外國人申報延遲交割等情事，為完成交割得向證交所申請辦理交割借券。
證券業從事前項業務，應依下列規定辦理：
一、與投資人間有關買賣外幣計價ETF之款項收付，應以該標的計價幣別為之。
二、外幣計價ETF不得為融資融券、有價證券借貸、證券商辦理證券業務借貸款項及不限用途款項借貸等相關業務之標的。
三、融資買進及借入部位之新臺幣計價ETF，不得轉換為外幣計價ETF。
四、投資人下單買入外幣計價ETF未成交時，證券經紀商若向投資人預收款項，至遲應於交易日之次營業日返還。
五、於同一交割日受託賣出金額大於買進金額時，為利及時與投資人辦理交割，得與交割銀行簽訂日中透支契約。
六、因買賣發生錯帳、投資人賣出違約或境外華僑與外國人申報延遲交割等情事，為完成交割得向證交所申請辦理交割借券。