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
Clearing Operation Process
Clearing Process
- Clearing account basic information change
From 8:30 am to 5:00 pm on every business day, clearing members may apply for clearing account basic information and daily settlement type for clearing account change. - Margin deposit and withdrawal
From 8:30 am to 5:30 pm on every business day, clearing members may deposit margin; from 8:30 am to 2:00 pm every business day, clearing members may apply for margin withdrawal. - Transactions submitted for clearing
Transactions can be submitted for clearing between 9:00 am to 5:00 pm on TAIFEX business days; where the business day is a makeup workday as announced by the Executive Yuan, TAIFEX will not be accepting transactions for clearing on the day. - Position management
From9:00 am to 5:00 pm on every business day, clearing members may apply for position management(position transfer、position netting, etc.) - Mark-To-Market and margin deposit notification
- TAIFEX starts building the intraday valuation curves and executes the intraday mark-to-market process at 11:00 am on every business day, TAIFEX will notify the clearing members to pay the margin according to the intraday valuation at 12:00 pm, and the clearing member shall meet TAIFEX's margin requirement by 3:30 pm.
- TAIFEX starts building the end-of-day valuation curves at 4:00 pm on every business day.
- The end-of-day mark-to-market and clearing process is expected to start at 6:00 pm and be completed at 7:00 pm with the end-of-day settlement report.
- TAIFEX is to pay or receive the settlement amount by 8:30 am on the following business day according to the end-of-day valuation of the previous day.
- TAIFEX will notify the clearing members to pay margin at 8:30 am on the following business day according to the end-of-day valuation of the previous day, and the clearing member shall meet TAIFEX's margin requirement by 11:00 am.
