TAIWAN FUTURES EXCHANGE-Products-Flexible Products-Mini-TAIEX Flexible Futures

Item	Description
Underlying Index	Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX)
Ticker Symbol	MXFFX
Trading Hours	Trading days are the same as the regular business days of the Taiwan Stock Exchange. 08:45AM-1:45PM Taiwan time 08:45AM-1:30PM Taiwan time on the last trading day for the expired contract
Contract Size	NTD 50 x per index point
Expiration Contracts	The Contract expiring on a specified trading day (expiration day) within 1 year beginning on the listing day for trading. The Contract shall not expire on the same day as any Mini-TAIEX Futures¹.
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 daily settlement price of preceding regular trading session.
Minimum Price Fluctuation	1 index point (NTD 50)
Last Trading Day	The same day as the expiration day specified by participants upon contracts listing.
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. The method used to calculate the final settlement price is described by TAIFEX.
Position Limit	Any investor's aggregate open same-side positions in the Contract for various expiration days 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 trading margin and the maintenance margin may not be lower than the publicly announced TAIFEX standard for the initial margin and the maintenance margin. The initial margin and the maintenance margin announced by the TAIFEX shall be based on the clearing margin calculated according to the Taiwan Futures Exchange Corporation Methods and Standards for Receipt of Clearing Margins, plus a percentage prescribed by the 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 refer to Trading Rules.)