Criteria for Charging Fees Applicants shall pay the monthly fee to Taiwan Stock Exchange Corporation ( TWSE ) in accordance with these Criteria by the 15 th day of the following month, unless otherwise set forth herein. I. Real-Time Trading Information: 1. The contents for transmission: This includes the items set out in Sections I and II of Table 1 hereto. 2. Items to be charged: (1) Connection Fee A. NT$60,000 per month. Applicants to whom Table 2 hereto is applicable may use the exchange fee to offset the connection fee; in addition, for those who pay in excess of NT$200,000, the excess amount may be used to offset the connection fee. B. For a securities firm that uses more than one set (i.e., one principal connection and one backup connection) of direct connections with the TWSE, the securities firm will be charged for the extra connections at a rate of NT$30,000 per month per connection; other applicants for direct connection with the TWSE will be charged at a rate of NT$60,000 per month per connection. (2) Exchange Fee: An Applicant shall pay the exchange fee to TWSE according to the scale of its business operations. The scale of business operations shall in principle be measured on the basis of the function and classification of the means for operating the transmission and the number of Subscribers. The measuring criteria shall be as follows: A. The criteria for calculation of the Exchange Fee to which Table 2 hereto is applicable are as follows: Where the Trading Information is transmitted by means of dedicated line for data (including dial-up line), cable modem or VPN, a fixed amount of exchange fee shall be paid based on the number of electronic display units installed for Subscribers other than securities firms and futures firms, as reported to TWSE and in accordance with the Table of Fixed Scaling Fee set out in Table 2 hereto. Where the Trading Information is transmitted by means of data feed and Criteria for Charging Fees_JAN 2013 1
is for use by the Subscribers for display purposes, a fixed amount of exchange fee shall be paid based on the number of Subscribers in accordance with the Table of Fixed Scaling Fee set out in Table 2 hereto. Where the Trading Information is transmitted by means of data feed and is for use by Subscribers for non-display purposes, the fee shall be calculated as follows: (a) Trading: Each Subscriber to whom the Trading Information is transmitted for non-display purposes shall be equivalent to five Subscribers receiving the Trading Information for display purposes, which shall then be added to the number of the Subscribers receiving the Trading Information for display purposes. (b) Back office operation, risk management and management of investment portfolio: The number of the Subscribers to whom the Trading Information is transmitted for non-display purposes shall be added to the number of the Subscribers receiving the Trading Information for display purposes. (3) Compilation of Index: To be publicly announced by the TWSE separately. B. Where the Trading Information is transmitted by means of AP or website through the internet and the price screen has the function of automatically updating the information, the exchange fee shall be paid in accordance with the number of Subscribers as reported to TWSE. The fee criteria shall be as follows: (a) NT$100,000 per month for 0 to 5,000 accounts; (b) NT$12 per month for each additional account in excess of 5,001 accounts (inclusive); (c) Where the fee is based on the time of use, 4,000 minutes shall be counted as an account; (d) The maximum monthly payment for the exchange fee in respect of the operation of the said business shall be NT$800,000; (e) The counting of the number of Subscribers shall include the users of the websites of securities firms and futures firms; the counting of the number of users of the websites of securities firms shall be based on Criteria for Charging Fees_JAN 2013 2
the number of accounts traded, whereas the counting of others shall be based on the number of users. C. Where the Trading Information is transmitted by means of a website through the internet and the price screen has the function of non-automatically updating the information, and where the registered members of each website are less than 200,000 accounts, a fixed amount of exchange fee of NT$50,000 shall be paid per month; where the registered members of each website are 200,000 accounts or more, a fixed amount of exchange fee of NT$100,000 shall be paid per month. Where a securities firm concurrently provides automatic updating and non-automatic updating functions on its website for the option of users, it will only be required to pay the exchange fee in respect of automatic updating but not in respect of non-automatic updating. Non-automatic updating shall mean the manual updating of the information on the price screen at the terminal receiver of information transmission. A screen displaying updated information at a fixed time span set by programming shall be deemed to have the function of automatic updating. D. Where the Trading Information is transmitted by means of pagers or dynamic data with a PDA serving as the receiver, the payment of the exchange fee shall be based on the number of receivers used by the Subscribers as reported to TWSE. The fee criteria shall be as follows: (a) NT$100,000 per month for 0 to 50,000 receivers; (b) NT$2 per month for each additional receiver in excess of 50,001 receivers (inclusive); (c) The maximum monthly exchange fee payment for the operation of the said business shall be NT$800,000. E. Where the Trading Information is transmitted by means of frequency modulation sub-carrier, TELETEXT, or satellite broadcasting of cable television digital system and receiver of end products, a fixed amount of exchange fee of NT$100,000 shall be paid per month for each means of transmission. F. Where the Trading Information is transmitted by means of mobile phone, Criteria for Charging Fees_JAN 2013 3
a fixed amount of exchange fee of NT$20,000 shall be paid per month for each mobile phone company concerned, provided that the maximum monthly exchange fee payment for the operation of the said business shall be NT$100,000. G. Where the Trading Information of TWSE is broadcasted by means of fixed time turning page through cable TV, a fixed amount of exchange fee of NT$30,000 shall be paid per month. H. Where the Trading Information of TWSE is used through securities voice, the exchange fee shall be based on the time consumed by the Subscribers at NT$0.1 per minute, provided that the maximum exchange fee per month for those which operate the said business shall be NT$30,000. Applicants who pay the exchange fee in accordance with Clauses I.2.(2)A and B of these Criteria and whose number of users does not exceed 100 accounts may elect to calculate the exchange fee by combining the relevant calculation methods and pay the exchange fee in accordance with the Table of Fixed Scaling Fee set out in Table 2 hereto. Foreign information companies whose monthly fee is fixed at NT$60,000 shall pay in advance to TWSE one-year exchange fee. I. For applicants who provide services which allow a user, under a single account, to receive the trading information over a wired network or wireless network with different types of devices such as smart Internet TVs, smartphones, and tablet computers, the fee shall be calculated as follows: (a)for the "automatic updating" function: NT$12 per account per month. (b)for the "non-automatic updating" function: NT$5 per account per month. (3) A securities firm or a futures firm shall pay TWSE the exchange fee based on the total number of equipment installed for its headquarters and branches per month and in accordance with the Table of Fixed Scaling Fee for Securities and Futures Firms set out in Table 3 hereto. The counting of the number of equipment shall be as follows: a television wall with 12 TV sets shall be counted as an electronic display unit plus the number of installed electronic display units (any number of TV sets less than 12 shall be disregarded in Criteria for Charging Fees_JAN 2013 4
counting the fee charge.). (4) The fee criteria as set forth in the preceding paragraph are not applicable to a securities firm approved by TWSE to provide Trading Information on its website in its own name. The fee criteria for the exchange fee for such firm shall be as follows: A. The minimum monthly exchange fee: a fixed amount of NT$100,000 shall be paid in the case of 0-5000 accounts which are traded by a securities firm in the centralized stock exchange; a fixed amount of NT$200,000 shall be paid in the case of 5,001-10,000 accounts. B. In the case of 10,001 accounts or more: the fee shall be calculated by counting the total number of accounts which are traded by a securities firm in the centralized stock exchange and multiplying it by the fee for each account; the total number of traded accounts and the fee for each account shall be calculated in accordance with the Table of Scaling set out in Table 4. (5) The foregoing exchange fees shall be charged on a monthly basis and the calculation of such fees shall be based on the volume reported to TWSE on the final business day of each month. (6) The monthly exchange fee to be paid by Applicants shall be capped at NT$2.5 million. II. Real-Time Index Information: 1. TWSE TAIEX Series: (1) The items for transmission are as set out in Section II of Table 1. (2) Anyone applying for a license to use this information either in an overseas area or in a domestic area shall pay in advance to TWSE a semi-yearly licensing fee of NT$60,000. 2. TWSE Taiwan 50 Index Series: (1) The items for transmission are as set out in Section III of Table 1. (2) Transmission to a domestic area is free of charge for the time being. Criteria for Charging Fees_JAN 2013 5
III. Delayed Trading Information: 1. The contents for transmission include the items set out in Sections I and II of Table 1 hereto, provided that the information will be displayed at least 20 minutes later than the Real-Time Trading Information. 2. Anyone applying for a license to use this information either in an overseas area or in a domestic area shall pay in advance to TWSE a semi-yearly licensing fee of NT$180,000. 3. No additional fee will be charged to an Applicant in respect of Real-Time Trading Information (other than a securities firm and a futures firm) for its direct provision to its Subscribers. 4. No fee will be charged for solely transmitting the delayed information of TAIEX either to an overseas area or to a domestic area. Also, no fee will be charged for transmission of the delayed information of Taiwan 50 Index to a domestic area. IV. The fee criteria for information other than the items for transmission as set out in Table 1 shall be prescribed separately. Criteria for Charging Fees_JAN 2013 6