Taiwan tightens short-selling limits after stock market rout
Taiwan’s Financial Supervisory Commission announced tighter short-selling restrictions after a selloff pushed the benchmark Taiex index into bear-market territory. Effective Nov. 9, intraday short-sale orders for borrowed securities will be capped at 3% of a stock’s average daily trading volume over the preceding 30 days, down from 30%. The minimum margin requirement for short selling will rise to 130% from 90%.