To meet the need of establishing a sound capital market to encourage savings for the formation of capital, the government of the Republic of China initiated a Stock Market Research Task Force in 1959, and then set up the Securities and Exchange Commission in 1960 and the Taiwan Stock Exchange Corporation (hereafter abbreviated as TSEC) in 1961. The TSEC, funded by various private and state-owned enterprises, began operation on February 9, 1962. This has been the sole centralized securities market in Taiwan. To fulfill our commitment of better serving the market participants, the TSEC keeps on improving operational efficiency and discipline. Thanks to the efforts and enthusiasm of all workforces, we were awarded ISO 9001 & 9002 Certificates in January and February 1998, respectively. The mission of the TSEC is 1. To facilitate a market that channels savings to investment; 2. To enforce adequate disclosure of market-related information; 3. To maintain a fair, open and safe trading market; 4. To provide innovative and superior services to the market participants; 5. To pursue an efficient operation at the international level.