Custody/clearing  
CENTRAL TRUST OF CHINA    
 
 
TAIWAN - Capital Market Infrastructure Summary

Central Securities Depository
Taiwan Securities Central Depository (TSCD)

BIS Model
Model 3

Settlement Cycle
T+2

Comment
Taiwan Depository and Clearing Corporation (TDCC) provides central registration and settlement services for securities traded on the Taiwan Stock Exchange (TWSE) and the GreTai Securities Market (GTSM), the latter offering central trading of listed stocks and also over-the-counter trading mechanisms for the GTSM emerging stock market, government and corporate bonds, and derivatives.


Key terms defined in our glossary:

Central Securities Depository
BIS Model 3
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.