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┌────────┬─────────────────────┐
│Item │Description │
├────────┼─────────────────────┤
│Underlying Index│Taiwan Stock Exchange Finance and │
│ │Insurance Sector Index │
├────────┼─────────────────────┤
│English Code │TF │
├────────┼─────────────────────┤
│Ticker Symbol │FXF │
├────────┼─────────────────────┤
│Delivery Months │Spot month, the next two calendar months, │
│ │and the next three quarterly months │
├────────┼─────────────────────┤
│Last Trading Day│The third Wednesday of the delivery month │
│ │of each contract │
├────────┼─────────────────────┤
│Trading Hours │．08:45 AM-1:45 PM Taiwan time Monday │
│ │ through Friday of the regular business │
│ │ days of the Taiwan Stock Exchange │
│ │．08:45AM-1:30PM on the last trading day │
│ │ for the delivery month contract │
├────────┼─────────────────────┤
│Contract Size │NTD 1,000 x per index point │
├────────┼─────────────────────┤
│Minimum Price │0.2 index points (NTD 200) │
│Fluctuation │ │
├────────┼─────────────────────┤
│Daily Price │+/-10% of previous day's settlement price│
│Limits │ │
├────────┼─────────────────────┤
│Margin │．The initial and maintenance margin level│
│ │ 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 │
│ │or 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. │
├────────┼─────────────────────┤
│Settlement │Cash settlement │
├────────┼─────────────────────┤
│Position Limit │Combined with the calculation of ZFF │
│ │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. │
└────────┴─────────────────────┘
If the last trading day falls on a holiday or if trading cannot proceed on that day due to a force majeure event, the next business day shall be the last trading day. (Please refer to Trading Rules.)
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