Polaris Securities Co (寶來證券) forecasts full-year profit will rise 61 percent because of a stronger stock market.
Net income will probably rise to NT$1.3 billion (US$39 million) from NT$804 million last year, the Taiwan's largest online stock trader said in a statement.
The company is benefiting from higher trading volume on the benchmark TWSE index, where the daily average trading volume has reached NT$106 billion compared NT$75 billion last year.
"Trading volume has risen, so the brokerage's commissions are higher than last year's," spokesman Peter Huang said.
Polaris, which trades on the over-the-counter market, will apply this month to have its shares trade on the benchmark index by as early as October, Huang said.
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