TAIWAN FUTURES EXCHANGE-Clearing-OTC Derivatives Clearing-Clearing System-Position Management-Compression

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Clearing

Exchange Traded Derivatives Clearing

OTC Derivatives Clearing

Qualifying Central Counterparty (QCCP) Disclosure

Quantitative Disclosure

關閉

Clearing

Exchange Traded Derivatives Clearing

OTC Derivatives Clearing

Qualifying Central Counterparty (QCCP) Disclosure

Quantitative Disclosure

Compression

Procedure for effecting compression	Apply for compression Application checked by TAIFEX Require the consent of all participating clearing members and clients. (Compression will be invalid if any of the parties is in disagreement.) The compression termination amount to be paid or received between TAIFEX and clearing members should be made in two business days following the compression effective date.
Compression service provider announced by TAIFEX	TriOptima AB Taipei Exchange
Compression schedules	Regular: TAIFEX announces compression schedules regularly. These announcements will include the product type for compression, the schedule, and the compression service providers. →Once a year, depending on the number of cleared transactions. By request: Clearing members may submit compression applications to TAIFEX. TAIFEX will announce compression schedules as needed based on the number of clearing accounts and total positions involved in an application. These announcements will include the product type for compression, the schedule, and the compression service providers.
Compression via compression service providers	According to Article 8.3.2 of the Taiwan Futures Exchange OTC Derivative Clearing Enforcement Rules, Clearing members participating in compression shall follow the procedure specified by TAIFEX or the compression service provider, and apply the compression service by the deadline announced by TAIFEX. Clearing member and client participating in compression shall agree that TAIFEX may provide position details on the clearing accounts participating in compression to the compression service providers.

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