Clearing
- Exchange Traded Derivatives Clearing
- Clearing Members
- Clearing Mechanism
- Clearing Mechanism Developing History
- Clearing Mechanism
- Clearing Process
- Intraday Profit & Loss Trial Balance
- Daily Settlement Price
- Formula for Calculating Final Settlement Prices
- Clearing Margin Accounts
- Position Management
- Safeguard System
- Products exempted and not exempted from liquidation on behalf of a principal in the after-hour session
- Notice for Foreign Currency Denominated Contracts Settlement
- Margining
- Market Information
Clearing
Account
Clearing Accounts
- Clearing Members applying
- Clearing members must separately open proprietary and individual client accounts and file the account details to TAIFEX.
- Written application: Clearing members fill in the application form, which will be set up with the assistance of TAIFEX
- Web Portal application: Clearing members file the account details through the Web Portal
- TAIFEX will review the account details filed by CM.
- Effective on the next business day or the designated date by CM.
The account number is automatically generated by TAIFEX’s system, with a total of 7 codes. For the proprietary account, the first code is "9" and for the individual client account is "0". The seventh code is the checking code.
Change of daily settlement type for clearing accounts
- Clearing Members applying
- Application time: 8:30 am to 5:00 pm on TAIFEX business days
- Daily settlement type can only be changed from CTM to STM.
- Written application： Clearing members fill in the application form, which will be completed the application with the assistance of TAIFEX.
- Web Portal application： Clearing members select the clearing account and apply to change the daily settlement type through the Web Portal.
- TAIFEX will review clearing member
TAIFEX reviews the application to change the clearing account of the daily settlement type, if the clearing member to which it belongs is not in default and the clearing status is normal, the application will take effect before the settlement on the same day. - Receipt and pay the relevant settlement payment the next day
TAIFEX calculates the amount of variation margin and mark-to-market difference that should be returned or received after the daily settlement type is changed.
