Pocket Securities Suspends Trading Due to Limit Breach, First Case in Taiwan
Pocket Securities suspended stock trading orders after exceeding its daily limit of 4.77 billion TWD. The FSC is investigating this unprecedented case.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 20:12
- 🔍 Collected: May 26, 2026 at 20:31 (19 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:46 (119h 15m after Collected)
According to the Central News Agency, Pocket Securities announced today a suspension of stock trading orders. The Financial Supervisory Commission (FSC) stated that while the firm's daily limit is 4.77 billion TWD, orders reached 6.139 billion TWD this morning. The Taiwan Stock Exchange will investigate, and the FSC may impose administrative penalties if internal control violations are found. This is the first time a brokerage has been forced to stop trading due to hitting this limit. The company clarified it was not a system crash but a result of high trading volume. Deputy Director-General Huang Hou-ming of the Securities and Futures Bureau explained that the firm's limit was calculated based on its net worth. The FSC is currently assessing the impact on clients and will ensure their rights are protected.
FAQ
Are there transaction limits for Taiwanese brokerages?
Yes, brokerages have daily transaction limits set by the Taiwan Stock Exchange based on their net worth.