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The
Taiwan Stock Exchange Corporation (
TSEC) is a
financial institutionIn financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries...
, located in
Taipei 101Taipei 101 , formerly known as the Taipei World Financial Center, is a landmark skyscraper located in Xinyi District, Taipei, Taiwan. The building ranked officially as the world's tallest from 2004 until the opening of the Burj Khalifa in Dubai in 2010...
, in
TaipeiTaipei City is the capital of the Republic of China and the central city of the largest metropolitan area of Taiwan. Situated at the northern tip of the island, Taipei is located on the Tamsui River, and is about 25 km southwest of Keelung, its port on the Pacific Ocean...
,
TaiwanTaiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
. The TSEC was established in 1961 and began operating as a
stock exchangeA stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
on 9 February 1962. It is regulated by the
Financial Supervisory CommissionThe Financial Supervisory Commission is an independent government agency subordinate to the Executive Yuan of the Republic of China. It is responsible for regulating securities markets , banking, and the insurance sector...
.
As of 31 December 2010, the Taiwan Stock Exchange had 758 listed companies with a combined market capitalization of TWD 23,811,416 million.
The exchange has normal trading sessions from 09:00am to 01:30pm and post-market sessions from 02:00pm to 02:30pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.
The current chairman of the TSEC is Mr. Chi Schive, the President is Samuel J.S. Hsu.
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