| Item |
Description |
|
Underlying Index |
Taiwan
Stock Exchange Capitalization Weighted Stock
Index (TAIEX) |
|
Ticker Symbol |
TX |
|
Delivery Months |
Spot
month, the next calendar month, and the next
three quarterly months |
|
Last Trading Day |
The
third Wednesday of the delivery month of each
contract |
|
Trading Hours |
08:45AM-1:45PM
Taiwan time Monday through Friday of the regular
business days of the Taiwan Stock Exchange.
08:45AM-1:30PM on
the last trading day for the delivery month
contract. |
|
Contract Size |
NT$200
x Index |
|
Minimum Price Fluctuation |
One
index point (NT$200) |
|
Daily Price Limit |
+/-
7% of previous day's settlement price |
|
Margin |
The
initial and maintenance margin levels as well
as the collecting measures prescribed by the
FCM to its customers shall not be less than
those required by the TAIFEX. The margin levels
will be adjusted and announced by the TAIFEX
in accordance with "the Criteria and Collecting
Methods regarding the Clearing Margins" |
|
Daily Settlement
Price |
The daily
settlement price is the volume weighted
average price, which is calculated by dividing
the value of trades by the volume within the
last one minute or otherwise determined by the
TAIFEX according to the Trading Rules. |
|
Final Settlement
Day |
The same day as
the last trading day |
|
Final Settlement
Price |
The average price
of the underlying index disclosed within the
last 30 minutes prior to the close of trading
on the final settlement day. |
|
Settlement |
Cash
settlement |
|
Position Limit |
|
|
Information
Vendors |
Reuters:
Index page: TW/FUTEX1
Bloomberg: TWSE<Index>CT[Go]
Bridge/Telerate:
TW@FITX.1 |
