Products/Equity Index Futures/Taipei Exchange Stock Index Futures

Taipei Exchange Stock Index Futures


Trading Calendar Position Limit Final Settlement Price Trading Rule Trading Cost and Related Cost Margining Annual Trading Volume

Items	Descriptions
Underlying Index	Taipei Exchange Capitalization Weighted Stock Index
Ticker Symbol	GTF
Trading Hours	08:45AM-1:45PM Taiwan time Monday through Friday of the regular business days of the Taipei Exchange 08:45AM-1:30PM on the last trading day for the delivery month contract
Contract Size	NTD 4,000 x per index point
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	0.05 index points (NTD 200)
Last Trading Day	The third Wednesday of the delivery month
Settlement	Cash settlement
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.Method used to calculate final settlement price.
Position Limit	Any investor's aggregate open same-side positions in the Contract for various delivery months at any time shall not exceed the limit standards announced by TAIFEX. Institutional investors may apply for an exemption from the above limit on trading accounts for hedging purpose. These position limits are not applicable to omnibus accounts, with the exception of undisclosed omnibus accounts, which accounts are subject to the limits for institutional investors.
Margin	The initial and maintenance margin levels as well as the collection measures prescribed by the FCM to its customers shall not be less than those required by TAIFEX. The initial margin and maintenance margin announced by TAIFEX shall be based on the clearing margin calculated according to TAIFEX’s Criteria and Collecting Methods Regarding Clearing Margins, plus a percentage prescribed by TAIFEX.

Market Data	Trading	Clearing	Statistics	News
Daily Market Report Market Data of Major Institutional Traders Open Interest of Large Traders Daily Foreign Exchange Rates Historical Data Application Form Data Download Information Vendors TAIFEX Real-Time Snapshot Quotes Information of Trading Halt of Single Stock Futures and Equity Options	Trading Scheme Requirements for Participation Fee Schedule Electronic Trading System Participating Firms Trading Calendar Position Limit Single Stock Futures and Options Information	Clearing Mechanism Margining Safeguard System Clearing for Clearing Membership Clearing Members Position Management The Final Settlement Price USD Denominated Contracts SPAN Risk Parameters Files Settled Positions of Contracts on Expiration Date The Table of Deliverable Bonds and Conversion Factors Fee Schedule Products exempted and not exempted from liquidation on behalf of a principal in the after-hour session Quantitative Disclosure	Member Daily Volume Report Member Weekly Volume Report Member Monthly Volume Report Member Yearly Volume Report Highlights of Annual Trading Volume Highlights of Market Participants Monthly Trading Statistics – by Product Category and Participant Trading Statistics – by Broker and Dealer Trading Statistics – by Participant Previous Month's Daily Trading Statistics – by Product TAIEX Options Volatility Index Download TAIEX Options Volatility Index Quotes Market Statistics	Notices Press Releases Single Stock Futures and Options Contract Adjustment Historical data query RSS Feeds