TAIEX Futures
Item | Description |
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Underlying Index | Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) |
English Code | TX |
Ticker Symbol | TXF |
Delivery Months | Spot month, the next two calendar months, and the next three quarterly months Upon expiration of near month, new contract month will be listed for trading beginning on the next regular trading session |
Last Trading Day | The third Wednesday of the delivery month of each contract |
Trading Hours | Trading days are the same as the regular business days of the Taiwan Stock Exchange
|
Contract Size | NTD 200 x per index point |
Minimum Price Fluctuation | One index point (NTD 200) |
Price Limits | +/- 10% of daily settlement price of preceding regular trading session. |
Margin |
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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. |
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. |
Settlement | Cash settlement |
Position Limit | Combined with the calculation of MTX position limit (on a pro rata basis of 1:4 contract size)
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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.)