Taipei Exchange

Taipei Exchange is Taiwan's over-the-counter securities exchange and a nonprofit foundation responsible for operating important segments of the country's securities market. It was established on 1 November 1994, with initial funding contributed by the Taiwan Stock Exchange, the Taiwan Securities Association, and Taiwan Depository & Clearing. Its institutional purpose is to provide organized trading and financing channels outside the main Taiwan Stock Exchange market, particularly for smaller companies, emerging businesses, and securities that fit the eligibility and operating framework of the over-the-counter market. The institution was originally known as the GreTai Securities Market, commonly abbreviated as GTSM. In February 2015, it adopted the English name Taipei Exchange, a change intended to give the market a clearer international-facing identity while retaining its role within Taiwan's securities infrastructure. The exchange is headquartered in Taipei's Zhongzheng District. Taipei Exchange supports trading in over-the-counter equities and bonds and provides a market venue for companies at different stages of development. Its ecosystem is especially associated with small and medium-sized enterprises and emerging industries that seek access to public-market capital but may not initially meet the requirements or strategic profile of a primary listing on the Taiwan Stock Exchange. In this role, TPEx complements Taiwan's main exchange rather than replacing it, broadening the country's avenues for capital formation and securities trading. The exchange operates regular trading sessions from 9:00 a.m. to 2:00 p.m., followed by a post-market session from 2:00 p.m. to 2:30 p.m., on exchange business days. Trading does not take place on Saturdays, Sundays, or holidays announced in advance by the exchange. As a market operator and nonprofit foundation, Taipei Exchange is distinct from a listed commercial issuer: its significance lies in administering market infrastructure, listing and trading arrangements, and related securities-market functions rather than selling consumer products. Taipei Exchange's present identity therefore combines three elements: an organized over-the-counter market, a bond-trading venue, and a financing platform for Taiwanese companies and newer sectors. Its history reflects the development of Taiwan's broader capital-market architecture, in which multiple regulated venues serve issuers and investors with different needs.

Taipei Exchange was created on 1 November 1994 as a nonprofit foundation to administer Taiwan's over-the-counter securities market and bond-trading activities. Its initial capital base was provided by three institutions representing major parts of Taiwan's financial-market infrastructure: the Taiwan Stock Exchange, the Taiwan Securities Association, and Taiwan Depository & Clearing. This founding structure connected the new market operator to the country's existing exchange, securities-industry, and settlement institutions. The exchange was originally called the GreTai Securities Market, usually shortened to GTSM. Its creation provided Taiwan with a dedicated organized venue beyond the principal Taiwan Stock Exchange. Such a venue could serve companies and securities with market-access needs different from those of larger or more established listed corporations. Over time, the market became associated with smaller enterprises and emerging industries seeking a regulated route to public financing and investor access. It also operated bond-trading functions, making it part of the wider infrastructure supporting both equity and fixed-income markets in Taiwan. A major institutional change occurred in February 2015, when GreTai Securities Market changed its name to Taipei Exchange. The new name clarified the exchange's geographic identity and made its English-language presentation more immediately understandable to international audiences. The rebranding did not change the institution's basic role as Taiwan's nonprofit over-the-counter market operator; rather, it presented that role under a more direct and recognizable name. Taipei Exchange is headquartered in Taipei's Zhongzheng District. Its standard market schedule consists of a regular session from 9:00 a.m. to 2:00 p.m. and a post-market session from 2:00 p.m. to 2:30 p.m. on business days. Saturdays, Sundays, and holidays declared in advance by the exchange are excluded from normal trading operations. The institution's development is best understood as part of Taiwan's effort to maintain a diversified securities-market system. The Taiwan Stock Exchange serves as the country's principal stock-market venue, while Taipei Exchange provides a complementary environment for over-the-counter trading, bond activity, and companies or industries whose capital-market paths may differ from those of large established issuers. Its role is consequently infrastructural and facilitative: it organizes market access and trading rather than operating as a conventional profit-seeking listed company.

• 2015

  Name changed to Taipei Exchange

  [1]Taipei Exchangeen.wikipedia.org

  In February 2015, the GreTai Securities Market adopted the Taipei Exchange name.

• 1994

  GreTai Securities Market established

  [1]Taipei Exchangeen.wikipedia.org

  A nonprofit foundation was established on 1 November 1994 to manage Taiwan's over-the-counter securities market and bond trading. Initial funding came from the Taiwan Stock Exchange, Taiwan Securities Association, and Taiwan Depository & Clearing.

Taiwan's nonprofit over-the-counter securities market and a financing platform for small and medium-sized enterprises, emerging industries, and bond-market participants.

• Securities exchange · 1994

  Over-the-counter securities market

  Taipei Exchange operates Taiwan's organized over-the-counter securities market. The venue provides trading and market-access infrastructure for securities outside the principal Taiwan Stock Exchange market and is particularly associated with smaller companies and emerging industries. Its function is to connect eligible issuers and investors within a regulated exchange framework.

• Fixed-income market · 1994

  Bond trading market

  Bond trading is one of Taipei Exchange's foundational responsibilities. The exchange provides an organized venue for bond-market activity as part of Taiwan's broader securities infrastructure, complementing its equity-related over-the-counter functions and supporting access to fixed-income instruments.

• 2015

  Adoption of the Taipei Exchange nameStrategy

  Background

  The institution had operated under the English name GreTai Securities Market, or GTSM, since its establishment. In February 2015, it changed its name to Taipei Exchange.

  Action taken

  The former GreTai Securities Market identity was replaced by the Taipei Exchange name.

  Aftermath

  The exchange continued operating as Taiwan's nonprofit over-the-counter and bond-trading market institution under the new name.

  Source

• 2015

  GreTai Securities Market renamed Taipei Exchange[1]Taipei Exchangeen.wikipedia.org

  Other

  The GreTai Securities Market adopted the name Taipei Exchange in February 2015, replacing the former GTSM identity with a name that more directly identifies its market role and location.

1. 1Taipei Exchangeen.wikipedia.org
2. 2Kuen Tong debuts on TPEx Emerging Board, riding LEO satellite and AI cooling dual enginesdigitimes.com