Taiwan OTC Exchange (TWO) .TWO

AAA

DEFINITION of 'Taiwan OTC Exchange (TWO) .TWO '

An alternative securities exchange in Taiwan with listing criteria that are lower than those of the Taiwan Stock Exchange (TSE). For companies making an initial public offering, listing on the TWO can be a step toward getting listed on the TSE. Initial funding of the non-profit TWO was donated by the Taiwan Securities Association, the TSE Corp. and the Taiwan Depository & Clearing Corp.

INVESTOPEDIA EXPLAINS 'Taiwan OTC Exchange (TWO) .TWO '

The Taiwan OTC Exchange, also known as Gre Tai Securities Market (GTSM), was established in November 1994. It deployed a weighted average stock index a year later. The GreTai Securities Market Index tracks the performance of all stocks that have been listed on the TWO for more than one month. The exchange trades stocks (including emerging stocks), bonds (including government bonds, convertible bonds and international bonds), and derivatives.

RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Shareholder

    Any person, company or other institution that owns at least one ...
  3. Taiwan Stock Exhange Corporation ...

    A stock market index comprised of companies traded on the Taiwan ...
  4. TWD (Taiwan Dollar)

    The currency abbreviation for the Taiwan dollar (TWD), the currency ...
  5. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  6. Listed Security

    A financial instrument that is traded through an exchange, such ...
Related Articles
  1. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  2. Getting To Know The Stock Exchanges
    Options & Futures

    Getting To Know The Stock Exchanges

  3. The Global Electronic Stock Market
    Trading Systems & Software

    The Global Electronic Stock Market

  4. Can stocks be traded on more than one ...
    Investing

    Can stocks be traded on more than one ...

comments powered by Disqus
Hot Definitions
  1. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  2. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  3. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  4. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  5. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  6. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
Trading Center