Day Trading for Odd Lots to be Opened? FSC: Under Evaluation with Leverage Risk Considerations
The FSC is reviewing the odd-lot trading system, with plans to advance the trading start time to 9:00 AM as early as July 2027. The possibility of allowing day trading for odd lots is also being evaluated.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 20:31
- 🔍 Collected: April 28, 2026 at 21:02 (31 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 21:38 (36 min after Collected)
Central News Agency (CNA). Taipei, April 28. The Financial Supervisory Commission (FSC) stated today that it has requested the Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx) to conduct a comprehensive review of the odd-lot trading system. The trading time for intraday odd lots is expected to be moved up to the 9:00 AM opening, potentially starting in late July next year. The FSC is also evaluating whether to allow day trading for odd lots. A report on reducing the trading unit for full lots will be submitted by the TWSE before the end of December this year.
Wang Xiu-ling, Secretary-General of the Securities and Futures Bureau of the FSC, noted that as the market develops, different needs arise. The FSC has requested a thorough review to ensure that odd-lot traders receive consistent and fair treatment compared to full-lot traders, while balancing investor risk, brokerage operations, and system load.
The TWSE and TPEx have begun gathering opinions from market participants, including brokers, IT vendors, and stock transfer agents. After collecting views in the third quarter of this year, an evaluation report will be submitted by year-end.
Wang explained that the most likely amendment is adjusting the start of odd-lot trading from 9:10 AM to 9:00 AM. If consensus is reached and considering a six-month period for system adjustments, this change could go live by late July next year.
Regarding reducing the trading unit for full lots and allowing day trading for odd lots, Wang pointed out these are also part of the evaluation plan. Since reducing lot sizes involves technical feasibility and system expansion, there is no fixed timetable yet. As for day trading for odd lots, she emphasized the need to consider whether small-scale investors with limited capital can handle the high-leverage risks.
Wang Xiu-ling, Secretary-General of the Securities and Futures Bureau of the FSC, noted that as the market develops, different needs arise. The FSC has requested a thorough review to ensure that odd-lot traders receive consistent and fair treatment compared to full-lot traders, while balancing investor risk, brokerage operations, and system load.
The TWSE and TPEx have begun gathering opinions from market participants, including brokers, IT vendors, and stock transfer agents. After collecting views in the third quarter of this year, an evaluation report will be submitted by year-end.
Wang explained that the most likely amendment is adjusting the start of odd-lot trading from 9:10 AM to 9:00 AM. If consensus is reached and considering a six-month period for system adjustments, this change could go live by late July next year.
Regarding reducing the trading unit for full lots and allowing day trading for odd lots, Wang pointed out these are also part of the evaluation plan. Since reducing lot sizes involves technical feasibility and system expansion, there is no fixed timetable yet. As for day trading for odd lots, she emphasized the need to consider whether small-scale investors with limited capital can handle the high-leverage risks.