NO TIMEFRAME:
The Financial Supervisory Commission would not extend trading hours anytime soon, despite calls for the exchange to align with international standards
Staff writer, with CNA
A plan to extend trading hours on the local stock market is not a “priority” for the Financial Supervisory Commission (FSC), FSC Chairman Peng Jin-lung (彭金龍) yesterday said, adding that the commission would not extend trading hours anytime soon.Speaking at a meeting of the legislature’s Finance Committee, Peng said an extension of trading hours from the current 9am to 1:30pm would not be implemented before Taiwanese society reaches a consensus.“It is not a priority for the FSC to extend trading hours now, and the commission has no timeframe to do so,” Peng told lawmakers, adding that “any change in trading hours needs a long time for discussions.”
Financial Supervisory Commission Chairman Peng Jin-lung speaks at a meeting of the legislature’s Finance Committee in Taipei yesterday.
