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Expiration date and last trading day are at the same day :

Time	Operation
Expiration date（the same day as the last trading day）14:00	TAIFEX publishes the final settlement price.
14:30	TAIFEX calculates the gain (loss) of expired positions and includes it in the clearing member’s clearing margin balance.

Expiration date and last trading day are not at the same day (TOPIX futures):

Time	Operation
Expiration date(The first business day following last trading day) After 14:25	TAIFEX publishes the final settlement price.
After 14:30	TAIFEX calculates the gain (loss) of expired positions and includes it in the clearing member’s clearing margin balance.

Note：If TAIFEX can receive the final settlement price of the TOPIX futures prior to 09:30 a.m. on the final settlement day, then the business hours for settling TOPIX futures contracts starts from 09:30 a.m.

Expiration date and last trading day are not at the same day (UDF、SPF、UNF、F1F、SXF):

Time	Operation
Expiration date(The first business day following last trading day) Before 9:30	TAIFEX publishes the final settlement price.
After 9:30	TAIFEX calculates the gain (loss) of expired positions and includes it in the clearing member’s clearing margin balance.

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Time	Operation
last trading day 16:00-17:30	The futures commission merchant deals with the trader’s application for physical delivery of the expiration of NT dollar denominated gold futures contracts and reports the result to TAIFEX.
last trading day before 16:30	TAIFEX publishes the buy-side trader’s prepayment amount for the physical delivery of the expiration of NT dollar denominated gold futures contracts.
Expiration date（The first business day following last trading day）8:30 ~	The TAIFEX calculates the cash amount for physical delivery of the expiration of NT dollar denominated gold futures contracts.
Expiration date（The first business day following last trading day）8:40 ~	The TAIFEX will process the delivery of gold versus payment of cash amount.
Expiration date（The first business day following last trading day）09:30	TAIFEX publishes final settlement price. TAIFEX calculates the cash settlement’s gain (loss) of expired positions and includes it in clearing member’s clearing margin balance.

Time	Operation	Description
Expiration date（the same day as the last trading day） 14:00	TAIFEX publishes final settlement price.
14:30-15:30	TAIFEX produces buyer exercise list. FCMs cross out names in buyer exercise list.	TAIFEX produces automatically the list of in-the-money option buyers; buyers who intend to waive the right of exercise may do so by applying through FCM. FCMs do so via computer linkup with TAIFEX.
15:30	TAIFEX produces assigned writer list. TAIFEX calculates the gain (loss) of settlement positions and include it into clearing member’s clearing margin balance.

Time	Operation	Description
Expiration date（the same day as the last trading day） 14:00	TAIFEX publishes final settlement price.
14:30-15:30	TAIFEX produces buyer exercise list. FCMs cross out names in buyer exercise list.	TAIFEX produces automatically the list of in-the-money option buyers; buyers who intend to waive the right of exercise may do so by applying through FCM. FCMs do so via computer linkup with TAIFEX.
15:30	TAIFEX produces assigned writer list. TAIFEX calculates the gain (loss) of settlement positions and include it into clearing member’s clearing margin balance.

Time	Operation	Description
last trading day 16:00-17:30	The futures commission merchant deals with the trader’s application for physical delivery of the expiration of gold options contracts and reports the result to TAIFEX.
last trading day before 16:30	TAIFEX publishes the buy-side trader’s prepayment amount for the physical delivery of the expiration of gold options contracts.
Expiration date（The first business day following last trading day）8:30 ~	The TAIFEX calculates the cash amount for physical delivery of the expiration of gold options contracts.
Expiration date（The first business day following last trading day）8:40 ~	The TAIFEX will process the delivery of gold versus payment of cash amount.
Expiration date（First business day following the last trading day） 09:30	TAIFEX publishes the final settlement price.
09:30-11:00	TAIFEX produces buyer exercise list for cash settlement. FCMs cross out names in buyer exercise list.	TAIFEX produces automatically the list of in-the-money option buyers; buyers who intend to waive the right of exercise may do so by applying through FCM. FCMs do so via computer linkup with TAIFEX.
11:00	TAIFEX produces assigned writer list. TAIFEX calculates the gain (loss) of cash settlement positions and include it into the clearing member’s clearing margin balance.

USD/CNH FX Futures ，USD/CNT FX Futures

Time	Operation
Expiration date（the same day as the last trading day） 11:30	TAIFEX publishes final settlement price.
After 11:30	TAIFEX calculates the gain (loss) of expired positions and includes it in the clearing member’s clearing margin balance.

EUR/ USD FX Futures，USD/JPY FX Futures，GBP/ USD FX Futures，AUD/ USD FX Futures

Time	Operation
Expiration date（the same day as the last trading day） 14:30	TAIFEX publishes final settlement price.
After 14:30	TAIFEX calculates the gain (loss) of expired positions and includes it in the clearing member’s clearing margin balance.

Time	Operation
Expiration date（on the next business day following the ICE Brent Index price being published） 9:30	TAIFEX publishes final settlement price.
After 9:30	TAIFEX calculates the gain (loss) of expired positions and includes it in the clearing member’s clearing margin balance.

Time	Operation
(If TAIFEX can receive the restated index by 9:30 on business day）14:30	TAIFEX publishes restated final settlement price.
After 14:30	TAIFEX calculates the balance according to the final settlement price before and after the adjustment, and includes it in the clearing member’s clearing margin balance.