TAIFEX Gold Futures
|Underlying||Gold with a purity of 0.995|
Trading days conform to regular exchange trading days
|Contract Size||10 troy ounces|
|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 of regular trading session, or as otherwise determined by TAIFEX according to the Trading Rules.|
|Price Limits||3-Level Price Limits at ±5%, ±10% and ±15% of the daily settlement price of the preceding regular trading session|
|Minimum Price Fluctuation||USD 0.10 per troy ounce (USD 1 per contract)|
|Last Trading Day||Trading terminates at the close of business on the third to last business day of the maturing delivery month.|
|Final Settlement Day||The first business day following the last trading day|
|Final Settlement Price||The final settlement price will be based upon the LBMA Gold Price AM as released by ICE Benchmark Administration Limited(IBA) on the last trading day.|
- If the last trading day falls on a national holiday, or a day on which the London gold market is closed, or if trading may not proceed on that day due to a force majeure event, the next business day shall be the last trading day. However, TAIFEX may make adjustments as circumstances warrant.(Please refer to Trading Rules.)
- ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO WARRANTY, EXPRESS OR IMPLIED, EITHER AS TO THE RESULTS TO BE OBTAINED FROM THE USE OF THE LBMA GOLD PRICE AND/OR THE FIGURE AT WHICH THE LBMA GOLD PRICE STANDS AT ANY PARTICULAR TIME ON ANY PARTICULAR DAY OR OTHERWISE. ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE FOR USE WITH RESPECT TO TAIFEX GDF.
- LBMA Gold Price is a trade mark of Precious Metals Prices Limited.
- Copying, dissemination and use of LBMA Gold Price without the express written permission of IBA is prohibited.