Taiwan’s stock market is set to begin allowing unlimited day trading of securities starting on Monday. The Financial Supervisory Commission (FSC) announced the move back in December in an effort to boost turnover and make the market more internationally competitive.
Investors will be able to buy and sell in the same day all securities on the market that can be traded on margin. The FSC says that as of the end of December, that amounts to a total of 1,432 stocks and exchange-traded funds (ETFs).
The FSC says that since June 1, 2015, day trading has been opened up for a total of 377 stocks and ETFs, accounting for 90 percent of Taiwan's market capitalization.