ECFA

I O N A S S O C I A T S E C U R I T I E S 102 T A I W A N

8 8 9 9 20 7 11ECFA

18 (ASF) (ASF) Ⅰ

10 2325 18 (Asia Securities Forum, ASF) 24 25 2008 Ⅱ

OSU ASF 2008 ASF Ⅲ

102 CONTENTS II 03 06 09 14 ECFA RQFII 21 30 38 42 188 201318 (ASF) 48 51 56 57 59 62 64 68 71

1997 1123 16 2010 4 (ECFA)1 29 6 21 ECFA 20 2013 6 2,598 23.04 WTO RQFIIA RQFII

102 3 (ECFA) 2013 6 21 1995 1997 11 23 12 2013 1-8 0.362 0.977 ECFA

4 2013 TAIWAN SECURITIES ASSOCIATION ( ) 1979 20 2013 6 2,598 2013 623.04 2005 3.06 8 2005 2001 6 (WTO) WTO WTO 2013 6 21 WTO 1. 1 51 2. 1 49 49 3. 50 4. 49

102 5 5. 50 6. 49 7. (QFII) QFII 8. 50

6 2013 TAIWAN SECURITIES ASSOCIATION 6 21 2007 553 6,373 2008 2,550 1,193 16 20072013 2007 2008 2009 2010 2011 2012 2013H1 106 107 106 106 109 114 114 6,373 2,550 4,974 4,008 2,248 1,604 1,193 90 89 86 84 84 81 80 553-70 390 350 172 181 74 2013.06.28 1 4.876 30 1990 29 2010 (2011 1.652,450 )

102 7 (2010 ) 5 4 16 2013 A 42 43.75 B 37 38.54 C 17 17.71 D E 2012 2013 2012.05.01 2013.04.30 2012 39 50 16 4 22 18 2 0 14 23 7 5 WIND2012

8 2013 TAIWAN SECURITIES ASSOCIATION 70 272 513.14 1,185.24 FOF QDII 21 59 40 33 186 3 255.26 257.88 192.56 198.56 790.88 3.25 15.03 15.18 11.34 11.69 46.57 0.19 WIND2012.12.31 2012 1 17.04 2 15.55 3 9.54 4 9.45 5 9.11 6 7.37 7 7.17 8 6.51 9 5.96 10 5.78 2012 1(1 )

102 ECFA RQFII 9 ECFA RQFII 2013 6 21 RQFIIRQFII RQFII RQFII RQFII RMB Qualified Foreign Institutional Investors RQFII QFII(Qualified Foreign Institutional Investors) RQFIIR RMBQFII RQFII RQFII RQFIIQFII2002 QFII 1,500 QFII RQFII

2013 TAIWAN SECURITIES ASSOCIATION 10 RQFII RQFII 2011 8 17 (RQFII) 200 RQFII RQFII2,700 7,000 RQFII RQFII RQFII 2011 12 16 RQFII 200 2,700 2013 9 271,343 RQFII RQFII 42 16 13 13RQFII 2013 7 RQFII RQFII RQFII2 (2011 122012 3 ) 200 RQFII 2012 1 RQFII 21 19 2-1.7 5.12RQFII

102 ECFA RQFII 11 2012 42013 2 700 RQFII 500 A ETF( ) 430 ETF 4 A ETF 2013 3 2,700 2012 11 2,000 RQFII2013 3 6 (RQFII ) RQFII 2,700 RQFII ETF RQFII RQFII RQFII RQFII RQFII RQFII RQFIIA ETF RQFII A 2013 8 RQFIIRQFII A RQFIIRQFII A ( ) ()

2013 TAIWAN SECURITIES ASSOCIATION 12 ( ) ( ) RQFII 2012 23.76 97 11,287 4,000 40 1 ( ) RQFII 2012 2013 4 RQFII ( ) RQFII RQFII RQFII A ETF RQFII RQFII RQFII

102 ECFA RQFII 13 RQFII A A RQFII RQFII 21,000 RQFII 200 RQFII RQFII RQFII A RQFII RQFII

14 2013 TAIWAN SECURITIES ASSOCIATION 1 2008? 1

102 15 13 13 2300 1993 2005 1998 2005 2007 1. 2. 3. 51

2013 TAIWAN SECURITIES ASSOCIATION 16 49 2/3 ( ) (Due Diligence) ETF? 2-2 8

102 17? CEPA

18 2013 TAIWAN SECURITIES ASSOCIATION QDII

188 18 (ASF) 9 9 (OSU) 188 188 201318 (ASF) 10 2325 18 (Asia Securities Forum, ASF) - 19

102 21 (102) 9 9 20 (OSU) (OSU) 8,500 9 3 9 9 ( )()9 23 ( ) (103) 1 6 1,000 () 98150 10 992 99 3 1022

22 2013 TAIWAN SECURITIES ASSOCIATION 億美元 200 順差 / 淨流入 100 0-100 -200 Q3 98 逆差 / 淨流出 Q4 Q1 99 經常帳順差金融帳淨流入 ( 出 ) 國際收支綜合餘額 Q2 Q3 Q4 Q1 100 Q2 Q3 Q4 Q1 101 Q2 Q3 Q4 Q1 102 Q2 12 913 12 () 97 (101) 10 ( ) 101 3 101( ) 64 10 92 93 94 95 96 97 98 99 100 101 102 305.0 197.3 175.8 263.3 351.5 275.1 429.3 398.7 412.3 499.2 248.6 3,556.1 76.3 71.7 23.0-196.2-389.5-16.60 134.7-3.6-320.5-315.9-190.6-1,127.2-347.6-218.2-339.0-407.8-449.7 35.3-317.0-334.9-195.0-453.0-151.8-3,178.7

102 23 1 2 3 4 5 6 7 8 9 10 11 12 96 1,548 1,184 1,458 1,372 1,235 1,954 2,928 1,955 1,692 1,880 1,522 1,220 1,683 97 1,544 1,454 1,695 1,809 1,639 1,094 1,125 1,039 978 624 615 676 1,181 98 627 733 1 1,186 1,636 2,206 1,437 1,581 1,251 1,451 1,476 1,295 1,623 1,391 99 1,809 1,105 1,263 1,524 1,161 962 1,223 1,483 1,498 1,316 1,212 1,563 1,349 100 1,513 1,580 1,372 1,319 1,237 1,161 1,328 1,422 1,135 1,021 976 739 2 1,222 101 1,017 1,620 1,170 872 830 724 738 3 860 985 725 770 902 928 102 915 937 922 869 997 944 4 983 902 5 935 1,0001. (97 998 2 ) 2. (100 1112 ) 3. (101 47 ) 4. (101 8102 6 ) 5. (102 7 ) 10090 28.9101 1,1651001,641 29.0101( ) 23.73 10030.9923.4102 1 8 20900 15.05 (96102 7 ) ( )()1,200 1,000101 928 102931 97 998 2 ( ) 100 1112( ) 101 3 28 101 4102 817 1,000 ( ) 10(92 101 ) () 92 2101 7 4 10 ( ) 101 180.9 36.6 144.3 EPS0.44ROE 3.04 ( ) 2,402 ROE 10.41 (10 ) ( )7 3

24 2013 TAIWAN SECURITIES ASSOCIATION 92101 92 101 5,890 7,699 1.31 ( ) 12,575 1,764 810 22,656 3,167 1,997 1.80 1.80 2.47 1,497 2,269 1.52 592 679 1.15 (10 ) 273 92 457 1,106 256 1,518 4.05 2.78 3.32 252 2,599 10.31 379 735 1.94 (10 ) 715 149 298 2,832 765 1,179 3.96 5.13 3.96 360 2,547 7.08 (WEF) 92 97 98 99 100 101 102 1 8 () -69.4 389.6 349.9 171.5 180.9 118.2 EPS( ) -0.20 1.18 1.02 0.51 0.56 0.36 ROE( ) -1.58 8.55 7.29 3.63 3.81 2.52 10075.6 101 36.6 102 1 8 118.2 EPS 0.36ROE 2.52 ( ) 800 1,000101 3 ()100 1239,243 102 836,3082,935 IB 102 8 35,6033,640 2,478

102 25 39,500 39,000 38,500 39,243 38,316 38,000 37,500 37,298 37,000 36,500 36,000 36,271 36,308 100 年 12 月 101 年 1 月 2 月 3 月 4 月 5 月 6 月 7 月 8 月 9 月 10 月 11 月 12 月 102 年 1 月 2 月 3 月 4 月 5 月 6 月 7 月 8 月 IB ( ) 4 6 7 ( ) 1. 2. 3. 4. 5. OSU

2013 TAIWAN SECURITIES ASSOCIATION 26 ( ) (84 )(70) 7687 87 86 97 9,3093,955 57.511 300 (101) 65 ( 1.37 )37 ( 1.57 ) 20381 85 (rule-based) ( ) 4 500 (BaselII 40 ) (

102 27 ) (RTC) / / ( ) ( ) () (OSU) ( ) OSU() ( ) OSU 516 ( ) OSU ( ) ( ) ( ) ( ) 15 113

2013 TAIWAN SECURITIES ASSOCIATION 28 - ( )(9) 20 (OSU) (OSU)

102 29 CDR HDR 5 167 36

2013 TAIWAN SECURITIES ASSOCIATION 30 188 (Master) (Servant) 1881 184 ( ) () 188

102188 31 (Strict Liability) (Vicarious Liability) ( ) - (Restatement of The Law, Second, Torts) 317 (b)(i) (ii) 877 (a) () (b) (c) (d) (e) ( ) - (Restatement of the Law (SECOND) AGENCY) 228 () (force) 715 1 1 第七百十五条 :I ある事業のために他人を使用する者は 被用者がその事業の執行について第三者に加えた損害を賠償する責任を負う ただし 使用者が被用者の選任及びその事業の監督について相当の注意をしたとき 又は相当の注意をしても損害が生ずべきであったときは この限りでない II. 使用者に代わって事業を監督する者も 前項の責任を負う III 前二項の規定は 使用者又は監督者から被用者に対する求償権の行使を妨げない

32 2013 TAIWAN SECURITIES ASSOCIATION () ( ) 188 20 10 10 50% 2 2 0 100% 6 1 5 17% 1. 2. 3. ( ) 1. 2. 1.. 2.

102188 33 3. 188 4. 3. 1881 N/A 1. 2. ( ) () 98 854 (98 763 ) ( )

34 2013 TAIWAN SECURITIES ASSOCIATION 1. 2. ( ) 3. ( ) 1. 188 93234 188 2. 1881 87 791 188 1. 3.

102188 35 ( ) ( ) 188 ( ) 2171 ( ) 1881

36 2013 TAIWAN SECURITIES ASSOCIATION 1940 1940 ( ) 188 213 217 ( 215 ) ( 216 ) 2 217 3 ( ) ( ) ( ) ( )( )( ) ( ) ( ) 2 ( )1993 9 3 ( )2006 3 148~149

102188 37 ( ) ( ) 1. 2. () (Case study) 188

38 2013 TAIWAN SECURITIES ASSOCIATION 2012 2012 9 ( ) ( ) ( ) ( ) IPO

102 39 30 2013 7 11 OTC () 2013 7 18 9 110 4943 9 1.9

40 2013 TAIWAN SECURITIES ASSOCIATION ( ) ( ) ( ) ( ) ( ) ( ) ( ) 3000 ( ) ( ) ( ) ( )

102 41 /

42 2013 TAIWAN SECURITIES ASSOCIATION 201318 (ASF) 10 2325 18 (Asia Securities Forum, ASF) - (Cooperation, Transformation and Evolution-Asia s New Era in Global Agenda) 1419 200 ASF (Asia Securities Forum, ASF) 1995 (JSDA) 1996 ASF (SRO) (Trade Association) (Individual Company) ASF 15 3() (ASF) Republic of China, R.O.C. Australia China Taiwan Securities Association (TSA) Australian Financial Markets Association (AFMA) Securities Association of China (SAC)

102 201318 (ASF) 43 Hong Kong India Indonesia Japan Korea Malaysia Mongolia New Zealand Philippines Thailand Turkey Vietnam Hong Kong Securities Association (HKSA) Association of National Exchanges Members of India (ANMI) Association of Indonesian Securities Companies (APEI) Japan Securities Dealers Association (JSDA) Korea Financial Investment Association (KOFIA) The Association of Stock broking Companies Malaysia (ASCM) Mongolian Association of Securities Dealers (MASD) New Zealand Financial Markets Association Inc. (NZFMA) Philippine Association of Securities Brokers & Dealers, Inc. (PASBDI) Association of Thai Securities Companies (ATSC) The Association of Capital Market Intermediary Institutions of Turkey (TSPAKB) Vietnam Bond Market Association (VBMA) (ASF) India Singapore Uzbekistan BSE Brokers' Forum, Mumbai Securities Investors Association, Singapore Singapore Exchange Limited National Association of Securities Market Participants of Uzbekistan(NAUR) 18 2011 2013 2013

2013 TAIWAN SECURITIES ASSOCIATION 44 2012 11 17 18 ASF ASFTaipei Free Taipei Pass ( ) OSU(offshore security unit) 2008 2010~2011 2012 IPO5 20 2.5 50 1%

102 201318 (ASF) 45 (Taiwan Capital Market-Features and Transformations) (ETF/ T )(/) (/ )( / )() 5 (Asian Capital Markets Cooperation- Opportunities and Challenges) Conflicting Dynamics for Convergence and Divergence IOSCO (Trends in Global Financial Regulation) G20 2009 (FSB) (IOSCO) (BASEL)(IAIS) IOSCO FSB (GSIFI) IOSCO

46 2013 TAIWAN SECURITIES ASSOCIATION ( ) (Cross-Border Cooperation Models and Benefit) 24 Naresh Maheshwari ( ) ( )Pattera Dikrungthirapop(ASEAN) Jeffrey Chan 2012 9 ( ) (Securities Industry Outlook) (OSU) David Lynch Attila Köksal2012 12 Lily Widjaja 42.5 50 0.5% ( ) (Financial Investment Promotion and Incentives) 10 8.4% Koichi Ishikura

102 201318 (ASF) 47 (NISA) 20% Kwak Byung Chan Mark Austen Chew Sutat 44 2050 GDP148 51 (ASF) 1995 ASF ASF

48 2013 TAIWAN SECURITIES ASSOCIATION ( ) ( ) 102 9 23 ( )( ) ( ) ( ) 102 9 5 38 30 ( ) ( ) FX SWAP() 102 9 5 19 191 28 102 9 5 102 9 9 103 3 8 ( )() ( ) 102 7 4

102 49 ( ) 102 11 1 102 9 27 ( ) 102 7 5 ( ) 102 9 25 ( ) 1. 3 2. 5,000 102 7 26 10,000 5,0003 ( ) 102 9 10

50 2013 TAIWAN SECURITIES ASSOCIATION 102 9 23 102 9 25 ( ) 102 7 26 30( )() ( ) () 102 7 102 8 ( ) 15 102 7 () 29

102 51 ( ) 102 9 3 50 100 50 200 ( ) 103 1( 103 1 6 ) ( ) ( ) ( ) ( ) () ( ) ( ) (155) (147 149) ( ) 62 ( )

52 2013 TAIWAN SECURITIES ASSOCIATION ( ) ( ) ( )8-11 ( ) ( ) ( ) ( ) ( ) KYC ( ) ( ) ( ) (ETF) ( ) 17 24 ( )

102 53 18 ( ) W-30 ()(WA- 11500)-W-30W-30 W-30 ( ) 2.53.54.5 5.5 ( ) ( ) (

54 2013 TAIWAN SECURITIES ASSOCIATION ) () ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )

102 55 ( ) ( ) ( ) ( ) 32 ( ) ( ) ( ) ( ) ( ) 12 -

56 2013 TAIWAN SECURITIES ASSOCIATION ( ) 102 7 1863 102 8 863102 9 1264 1. ( ) (1) ( ) (2) (3) ( ) 102 8 8 ( ) 201338 IOSCO 201338 (IOSCO) 102 9 1519 IOSCO ( ) www.twsa.org.tw / 1 188 /

102 57 1 2 3 4 5 6 651815 91 11 15 0910005790 102 2 100,002,928 5.09% 6522 37 211829 13 6595 8 16 095003875 102 3 28 1,600,000 15,332,571 2132 3 101 12 2425 102 5 20 33 181 2 3 9 22 99 56 5 3 56 6 56 3

58 2013 TAIWAN SECURITIES ASSOCIATION 7 8 23 4 (1) (2) (3) 19 10%

102 59 07 01 07 01 07 04 2 07 04 07 09 07 11 08 01 08 01 92

2013 TAIWAN SECURITIES ASSOCIATION 60 08 14 ( )1022 66,4252,525 64.74% 6512 183 55.62% 08 14 102 XBRL 08 19 102 08 26 102 9 19 ( ) 9 20 ( ) 29 14 ( ) 08 28 102 12 1RSS 102 12 1 08 28 08 28 09 03 1. 2. ( ) 3. ( )() 09 05 (103) 1 70 2.1 ( ) 09 09 9 9 (OSU) 09 09 102 9 13 102 9 16

102 61 09 16 (103) 45 09 16 (SWIFT) SWIFT SWIFT 09 17 09 17 09 18 09 23 09 23 102 7 1 102 8 1 102 9 6 102 9 13 102 9 13 102 9 13 102 9 16 102 9 27

62 2013 TAIWAN SECURITIES ASSOCIATION 07 01 A 14.06% 17.25% 5.14% 43.23% 07 04 07 11 2008 (FED) (FDIC)(OCC) 35 63 07 30 (FED) (Ben Bernanke) 5 08 13 (GDP)0.2% 08 17 11130 72 360 08 30 2006 1.13.1 2011 4 2013 67 5 2.5% 34% 31% 26% 09 06 (Bank for International Settlements, BIS)

102 63 09 12 (OECD) 20 (G20)2 0.9%10.6% OECD 2.1% 1.7% 1.5% 0.7%0.5% 0.3%0.9% 0.4% 09 20 (FED) (FOMC)(QE) 850 6.5 2.5 0 0.25 09 26 16.7 10 17300 (CBO) 10 2210 9 30 10 1 09 26 IPOA 10 8

64 2013 TAIWAN SECURITIES ASSOCIATION ( ) ( ) 102 7 102 8 102 9 102 3 1 24,467,769,854 22,896,843,445 27,692,235,013 75,056,848,312 2 2,169,084,690 2,029,231,234 2,459,625,108 6,657,941,032 3 7,468,157,230 4,686,510,143 5,944,283,267 18,098,950,640 4 3,758,190,598 5,143,304,386 4,568,770,562 13,470,265,546 5 0 3,550,796 5,790,384 9,341,180 6 2,938,322,272 2,169,361,775 2,273,898,447 7,381,582,494 7 1,649,335 2,258,516 337,940 4,245,791 8 0 0 0 0 9 1,616,960,021 1,844,019,391 1,451,985,759 4,912,965,171 10 0 0 0 0 11 0 0 0 0 12 7,660,055,747 5,917,126,325 3,210,737,551 16,787,919,623 13 0 0 0 0 14 0 0 0 0 15 0 386,278 0 386,278 16 82,870,987 102,504,395 73,127,989 258,503,371 17 167,454,369 178,498,491 247,719,072 593,671,932 18 11,616,812,763 1,246,523,900 344,766,166 13,208,102,829 19 犇 0 0 0 0 20 0 0 961,328 961,328 21 大昌 1,969,857 4,387,841 4,736,966 11,094,664 22 0 0 0 0 23 大眾 3,509,742 3,646,110 4,256,212 11,412,064 24 3,155,590 1,779,200 1,609,767 6,544,557 25 551,440,459 619,260,629 888,148,112 2,058,849,200 26 0 0 0 0 27 245,758,649 337,561,276 307,120,626 890,440,551 28 0 0 0 0 29 0 0 0 0 30 39,928,146 23,374,930 64,148,321 127,451,397 31 1,777,536,875 1,857,850,026 676,747,511 4,312,134,412 32 85,127,204 107,517,824 33,433,346 226,078,374 33 2,686,748,063 2,789,854,587 1,835,090,736 7,311,693,386 34 0 0 0 0 35 3,744,511,739 3,067,032,075 2,108,361,376 8,919,905,190 36 6,139,816,675 5,619,080,142 5,086,511,178 16,845,407,995 37 71,735,661 54,435,738 94,212,011 220,383,410 38 5,136,452,178 4,305,993,664 4,110,080,491 13,552,526,333 39 9,449,239,384 9,989,079,697 7,115,894,558 26,554,213,639 40 4,158,562,656 3,762,612,504 3,890,855,082 11,812,030,242 96,042,820,744 78,763,585,319 74,495,444,879 249,301,850,942

102 65 ( )1023 ETF 16,859,109,101 252,097,186 296,550 1,767,133,724 0 103,393,970 969,929,624 0 19,951,960,153 2,516,501,843 1,489,763,408 498,738,459 3,444,123,116 0 3,805,593 23,335,273 974,827 7,977,242,519 37,939,655,801 332,409,136 0 28,587,813,152 0 23,596,111 314,938,294 0 67,198,412,493 57,315,266,744 2,074,269,730 499,035,009 33,799,069,991 0 130,795,674 1,308,203,191 974,827 95,127,615,165 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 193,830,158 0 0 0 0 0 0 0 193,830,158 193,830,158 0 0 0 0 0 0 0 193,830,158 9,778,417 196,332,393 0 2,314,747 108,638,415 0 0 0 317,063,972 0 1,829,689,370 332,878,624 0 0 0 0 0 2,162,567,994 1,419,885,358 232,565,833 0 120,417,751 0 3,792,578 30,955,934 0 1,807,617,454 1,429,663,775 2,258,587,596 332,878,624 122,732,498 108,638,415 3,792,578 30,955,934 0 4,287,249,419 0 0 0 0 1,302,216,776 0 0 0 1,302,216,776 0 0 0 0 529,648,495 0 0 0 529,648,495 0 0 0 0 0 0 0 0 0 0 0 0 0 1,831,865,271 0 0 0 1,831,865,271 0 0 0 0 46,746,940,017 43,915 0 0 46,746,983,932 0 9,438,620 0 0 6,208,221,672 0 0 0 6,217,660,292 0 0 0 0 35,562,677,368 0 0 0 35,562,677,368 0 9,438,620 0 0 88,517,839,057 43,915 0 0 88,527,321,592 20,376,138 82,024,345 0 1,696,194 0 0 0 0 104,096,677 18,162,019 5,955,871 0 0 0 0 0 0 24,117,890 772,221,783 210,153,990 0 0 0 0 0 0 982,375,773 810,759,940 298,134,206 0 1,696,194 0 0 0 0 1,110,590,340 3,085,531 44,930,217 0 0 0 0 0 0 48,015,748 5,971,784 1,143,552,371 334,500,750 0 0 0 0 0 1,484,024,905 1,054,050,395 216,280,650 0 25,351,127 0 0 0 0 1,295,682,172 1,063,107,710 1,404,763,237 334,500,750 25,351,127 0 0 0 0 2,827,722,824

66 2013 TAIWAN SECURITIES ASSOCIATION ETF 0 26,187,940 0 0 0 0 0 0 26,187,940 12,155,128 129,914,979 0 0 0 0 0 0 142,070,107 851,829,334 18,217,462 0 0 0 0 0 0 870,046,796 863,984,462 174,320,381 0 0 0 0 0 0 1,038,304,843 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,204,018,868 63,999,525 0 4,790,397,911 7,716,325,973 148,576,772 0 15,997,937 21,939,316,987 429,621,304 1,132,621,969 0 65,614,397 145,130,661 14,749,284 0 5,145,541 1,792,883,156 12,526,582,802 1,948,153,834 0 5,252,611,591 3,533,276,092 84,230 0 44,801 23,260,753,347 22,160,222,974 3,144,775,328 0 10,108,623,899 11,394,732,725 163,410,286 0 21,188,279 46,992,953,492 714,094,820 0 0 1,876,392 0 0 0 0 715,971,212 82,594,766 0 0 0 0 0 0 0 82,594,766 3,698,882,643 0 0 173,628,547 0 0 0 0 3,872,511,191 4,495,572,230 0 0 175,504,939 0 0 0 0 4,671,077,170 810,578 0 0 0 0 0 0 0 810,578 0 0 0 0 0 0 0 0 0 809,037,563 0 0 0 0 0 0 0 809,037,563 809,848,141 0 0 0 0 0 0 0 809,848,141 51,846,666 0 0 0 0 0 0 2,638,021 54,484,687 51,579,577 0 0 0 0 0 0 0 51,579,577 470,237,262 0 0 0 0 0 0 0 470,237,262 573,663,505 0 0 0 0 0 0 2,638,021 576,301,526 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14,883,983 0 0 0 0 0 0 0 14,883,983 14,883,983 0 0 0 0 0 0 0 14,883,983

102 67 ETF 117,552 0 0 0 0 0 0 0 117,552 36,568,588 0 0 0 0 0 9,887,691 0 46,456,279 1,232,106,220 0 0 0 0 0 13,606,967 0 1,245,713,187 1,268,792,360 0 0 0 0 0 23,494,658 0 1,292,287,018 90,999,595,982 9,364,289,096 1,166,414,383 44,232,978,648 101,853,075,468 298,042,454 1,362,653,783 24,801,127 249,301,850,942 26,863,237,671 665,571,604 296,550 6,563,418,969 55,874,121,182 252,014,657 969,929,624 18,635,958 91,207,226,214 3,153,155,008 5,740,936,587 1,166,117,833 3,509,737,514 6,883,000,828 18,554,877 33,222,964 6,120,368 20,510,845,979 60,983,203,304 2,957,780,905 0 34,159,822,166 39,095,953,460 27,472,919 359,501,195 44,801 137,583,778,749 852,614 102 1,359 2,361 856,334

68 2013 TAIWAN SECURITIES ASSOCIATION ( ) 90 52 163 3 7 91 113 211 2 4 92 126 128 1 2 93 205 130 2 7 94 102 92 0 9 95 111 99 0 11 96 185 122 0 13 97 86 61 1 1 98 127 101 0 1 99 190 140 0 3 100 204 171 0 1 101 144 110 0 1 102Q1 25 24 0 0 102Q2 34 18 0 0 102Q3 36 27 0 0 ( ) 1023 ( ) ( ) ( ) 1 55,251 10 552,510,000 102.07.02 100.00 2 F-IET 2,058 55 113,190,000 102.07.18 2.47 3 2,015 33 66,495,000 102.07.26 2.81 4 7,200 10 68,400,000 102.07.29 100.00 5 11,034 12.3 135,718,200 102.07.30 3.02 6 6,880 30 206,400,000 102.07.31 11.37 7 12,750 43.8 558,450,000 102.08.01 6.19 8 1,800 11 19,800,000 102.08.05 4.07 9 680 27 18,360,000 102.08.08 0.75 10 510 32 16,320,000 102.08.13 2.74 11 2,720 14 38,080,000 102.08.16 24.50 12 2,975 17.6 52,360,000 102.08.20 3.94 13 957 80 76,560,000 102.08.26 0.74 14 1,020 58 59,160,000 102.09.02 0.79 15 30,005 36 1,080,180,000 102.09.04 15.14

102 69 ( ) ( ) ( ) 16 850 298 253,300,000 102.09.04 1.82 17 850 50 42,500,000 102.09.05 1.18 18 2,274 93 211,482,000 102.09.06 1.62 19 340 48 16,320,000 102.09.09 0.23 20 1,350 70 94,500,000 102.09.09 1.62 21 850 37 31,450,000 102.09.12 0.51 22 2,550 16 40,800,000 102.09.14 28.69 23 1,440 20 28,800,000 102.09.16 2.34 24 2,046 72 147,312,000 102.09.16 1.47 25 4,836 73 353,028,000 102.09.16 2.73 26 850 80 68,000,000 102.09.23 0.64 27 255 57 14,535,000 102.09.30 0.21 ( ) 1023 1 Ginko International Co.,Ltd() 20,000 17,400 102.07.03-07.05 101-110% 2 2,200 1,971 102.07.03-07.04 101-120% 3 4 () 3,943 1,885 102.07.12-07.16 53-55 10,000 8,500 102.07.17-07.19 101-105% 5 5,000 4,350 102.07.19-07.22 101-105% 6 2,300 1,965 102.07.22-07.23 101-110% 7 3,000 2,700 102.07.23-07.24 101-105% 8 21,140 10,106 102.07.24-07.26 11-12.3 9 3,000 2,850 102.07.30-07.31 101-110% 10 6,000 5,100 102.07.30-07.31 101-110% 11 1,000 850 102.07.31-08.02 101-105% 12 12,000 10,200 102.08.05-08.06 101-105% 13 6,000 5,340 102.08.07-08.09 101-110% 14 () 10,000 8,500 102.08.07-08.08 101-110% 15 7,100 6,390 102.08.09-08.13 101-110%

70 2013 TAIWAN SECURITIES ASSOCIATION 16 45,000 38,250 102.08.12-08.14 90-92% 17 45,000 38,250 102.08.14-08.15 90-93% 18 2,000 1,780 102.08.22-08.26 101-110% 19 15,000 14,250 102.08.28-08.29 101-110% 20 4,357 2,101 102.09.02-09.04 93-96 21 22 ( ) ( ) 2,000 1,770 102.09.03-09.05 101-120% 1,000 851 102.09.03-09.05 101-120% 23 5,000 4,250 102.09.09-09.10 101-110% 24 5,000 4,250 102.09.10-09.10 101-110% 25 3,506 1,460 102.09.11-09.13 62-74 26 9,210 4,374 102.09.11-09.13 73-80 27 1,600 1,360 102.09.12-09.13 101-110% 28 3,000 2,697 102.09.13-09.16 101-110% 29 2,500 2,160 102.09.13-09.16 101-110% 30 2,000 1,800 102.09.13-09.14 101-110% 31 2,000 1,700 102.09.16-09.17 101-110% 32 33 34 ( ) ( ) 5,000 4,400 102.09.16-09.17 101-110% 5,000 4,330 102.09.16-09.17 101-110% 110,500 101,660 102.09.16-09.18 95-96% 35 2,000 1,800 102.09.30-10.01 101-110% 36 1,000 885 102.09.30-10.01 101-110%

102 71 ( )(102 1-9 ) ( ) ( ) EPS( ) ROE( ) ( ) ( ) 80 59,750,904 50,349,800 6,064,915 13,998,009 326,140,782 470,279,353 23.43 0.429 2.98 100.00 14.420 46 56,910,483 48,029,317 5,701,126 13,305,110 314,464,495 448,929,228 23.38 0.423 2.96 95.25 14.276 34 2,840,421 2,320,483 363,789 692,899 11,676,287 21,350,125 24.39 0.593 3.25 4.75 18.285 62 51,254,126 44,157,194 5,617,502 11,822,340 304,934,186 432,757,333 23.07 0.388 2.73 85.78 14.192 32 50,090,646 42,781,102 5,298,083 11,747,452 295,747,899 418,272,857 23.45 0.397 2.81 83.83 14.143 30 1,163,480 1,376,092 319,419 74,888 9,186,287 14,484,476 6.44 0.082 0.52 1.95 15.767 18 8,496,778 6,192,606 447,413 2,175,669 21,206,596 37,522,020 25.61 1.026 5.80 14.22 17.694 14 6,819,837 5,248,215 403,043 1,557,658 18,716,596 30,656,371 22.84 0.832 5.08 11.41 16.379 4 1,676,941 944,391 44,370 618,011 2,490,000 6,865,649 36.85 2.482 9.00 2.81 27.573 20 20 46,851,065 40,061,442 4,892,567 10,852,876 272,366,173 390,666,075 23.16 0.398 2.78 78.41 14.343 QE 20 108.52 (1) 102 9 145 84 ( )61 (2) 80 4 (3) Year-To-Month 102 1-9 102 10 16 (4) (FED)QE 850FED 10 17 9 ISM 56.22011 4 10/1 4/1 8%5 9 PMI55.4 (5) 102 1-9 (TSE:777 /OTC:156 ) (TSE:849 /OTC:123 ) 80EPS 0.429 0.5276020 8,021 8,173 1.90% 102 1-9 EPS 0.423 0.593 EPS 1.026 0.388EPS 0.397 EPS 0.082 EPS 2.482 EPS 0.832 (6) 102 1-920 EPS 0.398 17 EPS 0.694 20ROE 2.78% 2.98% (7) EPS 6.585.324.56 EPS -2.53-2.18-0.92 (8) 102 9 253 7.02%92,267 1.33% 10/15 2.01%

72 2013 TAIWAN SECURITIES ASSOCIATION ( ) (102 1-9 ) ( ) ( ) ( ) () () ( ) 1 10,092,479 1 2,506,257 1 6.577 2 7,113,002 2 2,490,432 2 5.322 3 3,783,923 3 1,129,444 3 4.563 4 3,509,317 4 988,442 4 4.296 5 3,405,101 5 917,828 5 2.783 6 2,992,194 6 746,501 6 2.302 7 2,770,466 7 577,176 7 1.161 8 2,318,608 8 565,219 8 新光 1.031 9 2,008,540 9 558,149 9 0.881 10 1,399,100 10 530,661 10 0.820 ( ) ( ) ( ) () () ( ) 1 3,323,826 1 825,063 1 1.368 2 1,526,832 2 711,162 2 1.271 3 1,126,296 3 375,749 3 1.165 4 1,111,565 4 320,025 4 0.827 5 1,105,486 5 301,349 5 0.729 ( ) ( ) ( ) () () ( ) 1 1,329,671 1 746,501 1 6.577 2 237,601 2 29,796 2 0.787 3 201,636 3 28,691 3 0.623 4 140,712 4 23,734 4 0.526 5 93,460 5 15,748 5 0.456 1.95% 0.54% 3.000 2.500 2.000 1.500 1.000 0.500 0.000 11.41% 2.81% 證券商收益 本國綜合證券商本國專業經紀商 83.83% 外國綜合證券商外國專業經紀商 11.13% 4.41% 證券商稅後淨利 本國綜合證券商本國專業經紀商 83.92% 外國綜合證券商外國專業經紀商 證券商每股盈餘 本國綜合證券商 本國專業經紀商 外國綜合證券商 外國專業經紀商 0.397 0.082 0.832 2.482 ()

102 73 ( ) (102 1-9 ) ( ) ( ) EPS( ) ROE( ) ( ) ( ) 1020 332,353 296,432 752 36,678 3,000,000 2,978,071 11.04 0.122 1.23 0.556 9.93 1040 389,548 310,548 38,832 110,304 3,000,000 3,368,077 28.316 0.368 3.27 0.652 11.23 1090 137,955 575,400 51,514-386,305 4,796,442 4,787,465-280.022-0.805-8.07 0.231 9.98 1160 2,318,608 1,965,678 302,027 565,219 11,572,128 20,535,878 24.378 0.488 2.75 3.880 17.75 1260 776,278 692,376 117,864 214,817 4,448,388 4,962,389 27.673 0.483 4.33 1.299 11.16 1360 542,133 493,968 247,755 228,983 533,000 1,594,438 42.237 4.296 14.36 0.907 29.91 1440 926,247 763,869 15,363 139,484 1,700,000 3,338,171 15.059 0.820 4.18 1.550 19.64 1470 514,001 493,869 32,290 30,587 1,468,210 1,903,562 5.951 0.208 1.61 0.860 12.97 1480 627,367 386,676 12,875 210,226 395,000 2,227,158 33.509 5.322 9.44 1.050 56.38 1530 503,570 259,539 7,016 208,689 750,000 1,727,548 41.442 2.783 12.08 0.843 23.03 1560 293,573 358,090 9,815-45,730 1,450,000 1,610,366-15.577-0.315-2.84 0.491 11.11 1570 259,730 171,867 4,044 80,209 1,010,000 1,553,359 30.882 0.794 5.16 0.435 15.38 1590 511,962 348,424 20,662 150,787 655,000 1,923,768 29.453 2.302 7.84 0.857 29.37 1650 1,249,268 564,574 11,098 577,176 1,265,000 2,723,461 46.201 4.563 21.19 2.091 21.53 2180 468,312 329,353 58,660 186,432 7,137,143 10,231,201 39.809 0.261 1.82 0.784 14.34 5050 349,333 124,193 22,008 270,086 2,325,836 3,582,487 77.315 1.161 7.54 0.585 15.40 5110 32,178 67,174 14,025-20,971 760,000 582,679-65.172-0.276-3.60 0.054 7.67 5260 525,912 376,091 55,612 193,716 3,067,560 4,516,737 36.834 0.631 4.29 0.880 14.72 5380 1,077,814 1,023,868 60,495 90,478 6,400,000 6,408,138 8.395 0.141 1.41 1.804 10.01 5850 2,770,466 2,006,110 211,885 917,828 13,231,191 21,887,794 33.129 0.694 4.19 4.637 16.54 5920 2,992,194 2,618,025 234,661 558,149 15,604,309 19,836,293 18.654 0.358 2.81 5.008 12.71 6010 犇 61,664 139,671 48,583-30,907 1,137,554 1,769,998-50.122-0.272-1.75 0.103 15.56 6110 台中商銀 35,872 42,250 234-6,143 850,000 844,281-17.125-0.072-0.73 0.060 9.93 6160 697,691 569,537 40,056 155,239 5,357,140 6,143,803 22.250 0.290 2.53 1.168 11.47 6480 福邦 280,752 174,530 4,614 110,836 2,000,000 1,777,803 39.478 0.554 6.23 0.470 8.89 6530 大眾 622,004 565,568 13,394 69,800 3,777,618 4,642,963 11.222 0.185 1.50 1.041 12.29 6910 164,884 168,245 22,764 19,411 1,375,500 1,317,625 11.773 0.141 1.47 0.276 9.58 7000 2,008,540 1,710,769 67,238 336,054 11,600,000 13,944,422 16.731 0.290 2.41 3.362 12.02 7030 156,119 181,183 140,089 107,683 2,122,836 3,156,401 68.975 0.507 3.41 0.261 14.87 7790 1,209,485 1,254,598 62,271-5,056 8,689,640 9,326,043-0.418-0.006-0.05 2.024 10.73

74 2013 TAIWAN SECURITIES ASSOCIATION ( ) (102 1-9 ) ( ) ( ) EPS( ) ROE( ) ( ) ( ) 8150 365,282 314,437 6,404 56,935 2,280,000 2,370,432 15.587 0.250 2.40 0.611 10.40 8440 520,679 349,573 19,864 131,772 1,495,000 3,080,168 25.308 0.881 4.28 0.871 20.60 8450 938,505 1,077,841 74,849-71,353 6,883,368 7,666,967-7.603-0.104-0.93 1.571 11.14 8560 390,969 255,114 45,488 151,586 1,470,000 2,235,948 38.772 1.031 6.78 0.654 15.21 8700 219,281 153,607 453 45,989 3,000,000 3,379,902 20.973 0.153 1.36 0.367 11.27 8840 680,627 645,883 61,723 89,078 3,060,000 3,622,980 13.088 0.291 2.46 1.139 11.84 8880 1,004,379 879,439 47,775 150,163 3,982,027 4,901,438 14.951 0.377 3.06 1.681 12.31 8890 177,609 249,403 19,203-52,581 3,000,000 3,462,527-29.605-0.175-1.52 0.297 11.54 8910 193,107 454,720 48-217,104 995,386 940,659-112.427-2.181-23.08 0.323 9.45 8960 281,310 200,036 2,557 69,171 1,000,000 1,191,284 24.589 0.692 5.81 0.471 11.91 9100 3,509,317 2,869,583 468,705 988,442 23,690,730 29,548,851 28.166 0.417 3.35 5.873 12.47 9200 7,113,002 5,732,272 1,253,424 2,506,257 45,988,123 66,410,801 35.235 0.545 3.77 11.904 14.44 9300 1,399,100 1,383,287 255,705 232,459 8,111,743 11,191,251 16.615 0.287 2.08 2.342 13.80 9600 3,783,923 3,038,561 392,067 1,129,444 16,643,550 30,086,740 29.848 0.679 3.75 6.333 18.08 9800 10,092,479 8,559,014 1,186,781 2,490,432 55,172,835 90,295,075 24.676 0.451 2.76 16.891 16.37 9A00 3,405,101 2,834,072-62,416 530,661 16,212,238 23,341,826 15.584 0.327 2.27 5.699 14.40 1380 140,712 137,832 830 3,079 220,000 716,571 2.188 0.140 0.43 0.235 32.57 1520 1,329,671 469,773 39,501 746,501 1,135,000 5,033,046 56.142 6.577 14.83 2.225 44.34 1660 4,922 161,022 797-155,303 615,000 459,697-3,155.282-2.525-33.78 0.008 7.47 5320 87,116 97,713 46,344 29,796 478,555 1,049,812 34.203 0.623 2.84 0.146 21.94 5460 11,194 24,780 15,012 1,426 312,000 351,158 12.739 0.046 0.41 0.019 11.26 5600 93,460 121,425 17,569-13,197 380,000 845,874-14.120-0.347-1.56 0.156 22.26 5660 29,463 34,674 5,361-83 203,400 376,370-0.282-0.004-0.02 0.049 18.50 5690 24,460 28,906 7,255 2,470 280,000 518,120 10.098 0.088 0.48 0.041 18.50 5860 21,353 16,731 12,408 14,113 268,438 576,931 66.094 0.526 2.45 0.036 21.49 5870 29,690 26,087 15,822 15,748 200,000 529,935 53.041 0.787 2.97 0.050 26.50 5960 47,388 48,706 10,087 6,702 361,538 784,490 14.143 0.185 0.85 0.079 21.70 6210 10,957 20,381 12,329 2,757 235,400 271,736 25.162 0.117 1.01 0.018 11.54 6380 74,771 80,869 212-6,126 440,783 684,997-8.193-0.139-0.89 0.125 15.54

102 75 ( ) (102 1-9 ) ( ) ( ) EPS( ) ROE( ) ( ) ( ) 6450 61,753 74,955 24,375 9,232 543,422 859,983 14.950 0.170 1.07 0.103 15.83 6460 237,601 228,000 25,483 28,691 900,000 1,439,202 12.075 0.319 1.99 0.398 15.99 6620 5,037 8,054 1,011-2,006 200,000 106,099-39.825-0.100-1.89 0.008 5.30 6950 34,284 41,736 8,891 1,157 255,000 486,853 3.375 0.045 0.24 0.057 19.09 7020 24,567 20,815 0 3,089 200,000 331,118 12.574 0.154 0.93 0.041 16.56 7070 15,866 17,836 4,640 2,365 200,000 365,616 14.906 0.118 0.65 0.027 18.28 7080 21,480 46,451 1,951-23,020 250,000 180,427-107.169-0.921-12.76 0.036 7.22 7120 4,124 10,460-2,164-8,500 200,000 87,024-206.111-0.425-9.77 0.007 4.35 7670 32,985 34,314 8,626 7,036 300,300 420,224 21.331 0.234 1.67 0.055 13.99 7690 12,546 15,405 3,126 218 200,000 254,501 1.738 0.011 0.09 0.021 12.73 7750 32,967 46,425 7,094-6,364 269,451 341,373-19.304-0.236-1.86 0.055 12.67 7780 48,742 53,004 6,261 1,881 368,000 530,623 3.859 0.051 0.35 0.082 14.42 7900 11,608 20,039 5,414-2,360 238,000 310,718-20.331-0.099-0.76 0.019 13.06 8380 58,210 60,881 12,575 8,282 370,000 702,085 14.228 0.224 1.18 0.097 18.98 8490 13,672 20,346 8,336 1,452 200,000 318,805 10.620 0.073 0.46 0.023 15.94 8520 23,046 30,065 12,682 4,693 200,000 478,423 20.364 0.235 0.98 0.039 23.92 8660 4,284 10,002 2,822-2,896 230,000 210,921-67.600-0.126-1.37 0.007 9.17 8710 50,527 63,344 17,355 4,089 502,000 543,373 8.093 0.081 0.75 0.085 10.82 8770 12,977 26,004 347-12,680 200,000 255,631-97.711-0.634-4.96 0.022 12.78 8850 27,352 47,684 28,195 6,923 200,000 272,054 25.311 0.346 2.54 0.046 13.60 8900 201,636 175,764 3,242 23,734 520,000 656,335 11.771 0.456 3.62 0.337 12.62

268 82 (02)2737-4721 (02)2735-0822 http://www.twsa.org.tw

8 289 1 9 1519 201338 IOSCO 9 30 (OSU)

熱誠. 專業. 效率. 創新 中華民國證券商業同業公會 TAIWAN SECURITIES ASSOCIATION 台北市復興南路二段 268 號 8 樓之 2 TEL: 02-2737-4721 FAX: 02-2735-0822 http://www.twsa.org.tw