SinoPac Securities Upgrades Prefunding for Disposition Stocks

The Taiwan Stock Exchange designates unusually volatile or heavily traded shares as disposition stocks, imposing cooling-off measures that can require investors to prefund purchases or deliver securities before orders are accepted. The mechanism is intended to curb speculative trading, but the extra verification can interrupt mobile order flows. SinoPac Securities’ upgrade targets that friction by integrating the prefunding process more closely into its DAWHO investment app.

SinoPac Securities has overhauled the app’s disposition-stock prefunding service in response to the exchange’s revised cooling-off framework. The new workflow identifies eligible transactions, lets users continue from existing records and automatically calculates the amount of cash or securities required. Prefunding confirmation can be completed during the trading session, reducing manual calculations and delays that previously left investors unable to proceed with an order.