The Gre Tai Securities Market (GTSM; 證券櫃檯買賣中心) is a foundation which organized for serving the over-the-counter

Over-the-counter (finance)

Within the derivatives markets, many products are traded through exchanges. An exchange has the benefit of facilitating liquidity and also mitigates all credit risk concerning the default of a member of the exchange. Products traded on the exchange must be well standardised to transparent trading....

 (OTC) market and bond

Bond (finance)

In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...

 trading of Taiwan

Taiwan

Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

. It was formally found on November 1, 1994. The initial fund of the foundation was donated by the Taiwan Stock Exchange

Taiwan Stock Exchange

The Taiwan Stock Exchange Corporation is a financial institution, located in Taipei 101, in Taipei, Taiwan. The TSEC was established in 1961 and began operating as a stock exchange on 9 February 1962...

, Taiwan Securities Association, and Taiwan Depository & Clearing. It headquarter is located at Zhongzheng District of Taipei City.