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Asia Block Trades FSC TWD

Taiwan Block Trade on TWSE

Block-trade financing and discreet execution for large lines of shares listed in Taiwan — for sellers and acquirers who need to move size without disturbing the order book or the price.

01 · Process
How it works

From enquiry to print.

—StageWhat happensTiming
01Confidential enquiryThe line, the holding and the objective, shared through a secure channel.Day one
02Pricing the blockThe line is sized and a price set against it; any discount reflects size and liquidity.1–2 days
03Execution & printWorked off the order book or negotiated, then printed under the exchange’s block-trade rules.On the day
04Settlement & disclosureSettles on the standard cycle; any substantial-holding disclosure is sequenced around the print.T+1 / T+2
02 · The Market
Asia

Taiwan equity markets.

A Taiwan block trade moves a large line of TWSE-listed stock in a single negotiated transaction — off the order book, at an agreed price — so a holder can exit, or an acquirer build a position, without walking the screen. Black Haven can take the line onto its own book, giving the seller a clean, priced exit while the reporting and substantial-ownership disclosure that follow a large transfer are managed around the print.

Block trades on the exchange run under the TWSE Rules Governing Block Trading of Listed Securities: the transaction is agreed off the continuous order book and reported to the exchange on trade day, with a daily block-trading summary published and settlement on T+2. Two Taiwan-specific points shape a large transfer. Where a single transaction would take a holder to 10% or more of a company’s shares, it is structured as an off-market private deal rather than crossed on-market; and any resulting substantial-ownership position is notifiable under Article 43-1. Because turnover is concentrated in the large semiconductor and electronics names, block size sits comfortably against daily volume in those lines and more tightly elsewhere.

Taiwan block trades at a glance:

Listed venueTaiwan Stock Exchange (TWSE)
RegulatorFinancial Supervisory Commission (FSC)
CurrencyTWD
SettlementT+2
Disclosure threshold10%
Principal indicesTAIEX, FTSE TWSE Taiwan 50
StructureOff-market or negotiated-price

Regulatory references are published for general orientation and are not legal advice.

03 · Exchanges
One Venue

Each Taiwan exchange, covered.

TWSE · Taipei

Taiwan Stock Exchange

Taiwan’s principal equity venue, heavily concentrated in semiconductor and electronics names — a single issuer accounts for a large share of TAIEX capitalisation. Foreign institutional flows drive much of the day-to-day liquidity that shapes eligibility.

View TWSE →
04 · FAQ
Taiwan · Block Trades

What holders ask about Taiwan.

01Does a block trade in Taiwan have to be disclosed?
In substance, yes. The transaction is reported to the exchange on trade day and appears in the TWSE daily block-trading summary. Separately, if the transfer takes a holder across 10% of the company’s shares, that position is notifiable to the Financial Supervisory Commission under Article 43-1, and a transaction of that size is structured off-market. Black Haven manages the reporting and disclosure around the print.
02How large a block can I sell without moving the market?
Because the trade is negotiated off the continuous order book, it is priced as one line rather than exposed to intraday depth. The practical ceiling is size against daily turnover: the large semiconductor, electronics and financial names carry the volume to absorb a substantial print, while thinner lines are tighter. Black Haven can take the position onto its own book, giving a priced exit in a single transaction.
03How do you execute a Taiwan block trade?
We work the line off the order book, off-market or at a negotiated price, and the block is then printed to Taiwan Stock Exchange (TWSE) under its block-trade rules. Black Haven Investments can take all or part of the risk on the line, so the seller achieves a clean exit at an agreed price.
04How large a block can you handle in Taiwan?
It depends on the stock’s free float, daily traded volume and volatility. We assess each line on its merits and indicate a workable size and price range after reviewing the position.
05Does the block trade have to be disclosed?
Often, yes. A substantial transfer by a significant shareholder is generally disclosable under the relevant regime overseen by FSC. We manage the sequencing and wording of any required notification around the trade.
06Can you finance the buyer of the block?
Yes. A block can be paired with a stock loan to the acquirer, so the newly acquired Taiwan-listed line serves immediately as collateral for the financing that funds it.
07What is the settlement cycle for a Taiwan block trade?
The negotiated block is printed to Taiwan Stock Exchange (TWSE) under its block-trade rules and then settles on the standard T+2 cycle. We coordinate the print, the settlement and any financing legs so the line moves cleanly.
08At what level must a block be disclosed in Taiwan?
The principal threshold is 10%, under Securities and Exchange Act Art. 43-1 overseen by FSC. A crossing by a substantial holder is notifiable; we sequence the print and the notice.
09Can you execute a block for a foreign or offshore seller?
Yes. The line is held with a qualified custodian and the block printed to Taiwan Stock Exchange (TWSE); we manage cross-border custody, settlement and the disclosure that attaches to a substantial transfer.
10How quickly can a Taiwan block be executed?
It depends on the stock’s liquidity and the size of the line relative to daily volume. Once mandated, many blocks are worked and printed within days; thinner lines are paced to limit market impact.
05 · Adjacent Markets
Asia

Countries adjacent to Taiwan.

Hong Kong · Japan · China · South Korea · Singapore · Australia · New Zealand · India · Thailand · Indonesia · Malaysia · Philippines · Vietnam · Pakistan · Sri Lanka · Kazakhstan · Bangladesh

All countries →

Guides

Related guides.

Block Trades

What Is a Block Trade, and How Does One Work?

A block trade is the off-market sale of a large line of listed shares at a negotiated price, executed bilaterally and printed under exchange rules to avoid moving the open market.

Read → Block Trades

How Do You Sell a Large Block of Shares Without Moving the Price?

A large block is sold without moving the price by taking it off the open order book — negotiating off-market at an agreed price, often with a liquidity provider taking the risk, and printing under exchange block rules.

Read → Disclosure

Do Block Trades Have to Be Disclosed?

Often yes. Once a significant shareholder crosses a market’s substantial-holding threshold, a block sale is generally notifiable to the regulator within a set window, with thresholds varying by jurisdiction.

Read →

A particular Taiwan holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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