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┌────────┬─────────────────────┐
│Item │Description │
├────────┼─────────────────────┤
│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│
│ │ │
│ │Regular trading session: 08:45AM-1:45PM │
│ │Taiwan time. 08:45AM-1:30PM on the last │
│ │trading day for the delivery month │
│ │contract │
│ │ │
│ │After-hours trading session: 03:00PM on │
│ │trading day of TWSE- 05:00AM of the │
│ │following day; no after-hours trading │
│ │session on the last trading day for the │
│ │delivery month contract │
├────────┼─────────────────────┤
│Contract Size │NTD 200 x per index point │
├────────┼─────────────────────┤
│Minimum Price │One index point (NTD 200) │
│Fluctuation │ │
├────────┼─────────────────────┤
│Price │+/- 10% of daily settlement price of │
│Limits │preceding regular trading session. │
├────────┼─────────────────────┤
│Margin │The initial and maintenance margin levels │
│ │as well as the collection measures │
│ │prescribed by the FCM to its customers │
│ │shall not be less than those required by │
│ │TAIFEX. │
│ │ │
│ │The initial margin and maintenance margin │
│ │announced by TAIFEX shall be based on the │
│ │clearing margin calculated according to │
│ │Taiwan Futures Exchange Corporation │
│ │Methods and Standards for Receipt of │
│ │Clearing Margins, plus a percentage │
│ │prescribed by TAIFEX. │
├────────┼─────────────────────┤
│Daily Settlement│The daily settlement price is the volume │
│Price │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 │The same day as the last trading day │
│Settlement Day │ │
├────────┼─────────────────────┤
│Final │The average price of the underlying index │
│Settlement │disclosed within the last 30 minutes prior│
│Price │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)│
│ │ │
│ │Any investor's aggregate open same-side │
│ │positions in the Contract for various │
│ │delivery months at any time shall not │
│ │exceed the limit standards announced by │
│ │TAIFEX. │
│ │ │
│ │Institutional investors may apply for an │
│ │exemption from the above limit on trading │
│ │accounts for hedging purposes. │
│ │ │
│ │These position limits are not applicable │
│ │to omnibus accounts, with the exception │
│ │of undisclosed omnibus accounts, which │
│ │accounts are subject to the limits for │
│ │institutional investors. │
└────────┴─────────────────────┘
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