本文旨在探討台灣發行交易所交易債券之可行性。台灣近年交易所交易基金發展蓬勃，無論掛牌檔數、資產規模、交易金額皆向上成長，惟根據中華民國證券商業同業公會的統計，台灣證券商受託買賣外國集中市場有價證券之規模亦逐年增加，顯示目前台灣金融交易市場所提供之金融商品並不足以滿足市場需求，仍有發展空間。2016年1月，台灣金融監督管理委員會開放國內證券商接受投資人委託買賣外國交易所交易債券，本文透過闡述交易所交易債券之產品特性及分析各國交易所交易債券之發行及上市規範和稅制，進一步為台灣發行交易所交易債券之相關政策給出具體建議。 / This study aims to make practical suggestions on exchange-traded note issuance in Taiwan. Data from Taiwan Securities Association shows that the trading value of securities firms accepting orders to trade foreign securities keeps growing these years, suggesting that the financial product line in Taiwan is not diversified enough to satisfy the market needs. Taiwan Financial Supervisory Commission has announced that securities firms are opened to accept orders to trade foreign exchange-traded notes since January 2016. Before opening domestic exchange-traded note market, related regulations have to be built. Exchange-traded note, the product itself, as well as the issuance and listing rules and taxation in different countries are therefore analyzed in this paper to make further suggestions on exchange-traded note issuance in Taiwan.