TWSE mulls measure to boost ‘zombie’ turnover - News Summed Up

TWSE mulls measure to boost ‘zombie’ turnover


Zombie stocks refer to shares with little turnover, resulting in fewer daily price changes. The mechanism proposed by the stock exchange is expected to help boost the trading volume of such securities by making them easier to trade, Tsai said. The stock exchange would regulate and finalize a range of quotes, she said. For instance, if a stock tends to hover at about NT$30, the market makers could quote the price from NT$25 to NT$35, she added. The stock exchange would finalize the standards, she said, without elaborating.


Source: Taipei Times October 31, 2019 15:56 UTC



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