TIP Taiwan BIO Futures
|Underlying Index||TIP Taiwan Market Biotechnology and Medical Care Index|
|Contract Size||NTD 50 x TIP Taiwan BIO Futures Price|
|Delivery Months||Spot month, the next two calendar months, and the next three quarterly months|
|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 TAIFEX according to the Trading Rules.|
|Daily Price Limit||+/- 10% of previous day's settlement price|
|Minimum Price Fluctuation||1 index point (NTD 50)|
|Last Trading Day||The third Wednesday of the delivery month|
|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. The method used to calculate the final settlement price is described by TAIFEX.|
If the last trading day falls on a holiday or if trading cannot proceed on that day due to a force majeure event, the next business day shall be the last trading day.
(Please see “Taiwan Futures Exchange Corporation Trading Rules for TIP Taiwan Market Biotechnology and Medical Care Index Futures Contracts” for further details)
* TIP Taiwan Market Biotechnology and Medical Care（TIP Taiwan BIO）Index is owned by the Taiwan Index Plus Corporation（TIP） and the Taipei Exchange（TPEx）. The use of TIP Taiwan BIO index has been authorized by the TIP and the TPEx. The TIP and the TPEx make no warranties and bear no liability with respect to TIP Taiwan BIO Futures.