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Item
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Description
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Item
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RHF
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Underlying
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USD/ RMB(Renminbi) FX rate
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Trading Hours
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‧Trading days are the same as TAIFEX business days in Taiwan
‧Regular trading session:08:45AM-4:15PM Taiwan time, 08:45AM-11:00AM on the last trading day for the delivery month contract
‧After-hours trading session: 05:25PM on trading day - 05:00AM of the following day ; no after-hours trading session on the last trading day for the delivery month contract
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Contract Size
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USD 100,000
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Delivery Months
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‧Spot month, the next calendar month, and the next four quarterly months.
‧Upon expiration of near month, new contract month will be listed for trading beginning on the next regular trading session
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Daily Settlement Price
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The daily settlement price is the volume 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.
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Daily Price Limit
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3-Level Price Limits at ±3%, ±5% and ±7% of the daily settlement price of the preceding regular trading session.
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Price Quotation
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RMB per USD
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Minimum Price Fluctuation
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RMB 0.0001 per USD (RMB 10 per contract)
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Last Trading Day
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The second business day prior to the third Wednesday of the delivery month
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Final Settlement Day
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The same day as the last trading day
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Final Settlement Price
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USD/CNY (HK) Spot Rate published at 11:30 a.m. on the Last Trading Day by Treasury Markets Association (TMA) of Hong Kong
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Settlement
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Cash settlement
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Position Limit
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‧Any trader'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.
‧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 traders.
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Margin
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‧The trading margin and the maintenance margin may not be lower than the publicly announced TAIFEX standard for the initial margin and the maintenance margin.
‧The initial margin and maintenance margin announced by the TAIFEX shall be based on the clearing margin calculated according to the Taiwan Futures Exchange Corporation Methods and Standards for Receipt of Clearing Margins plus a percentage prescribed by the TAIFEX.
‧Payment/receipt of the principal's margins resulted from margin call and loss may be in New Taiwan Dollars or in a foreign currency publicly announced by the TAIFEX, as stipulated between the principal and the futures commission merchant, with the futures commission merchant acting as foreign exchange settlement agent. The futures commission merchant shall conduct the required exchange settlements in accordance with the Regulations Governing the Declaration of Foreign Exchange Receipts and Disbursements or Transactions prescribed by the Central Bank of the Republic of China (Taiwan).
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If any of the circumstances listed below occurs on the last trading day, the date shall be adjusted as specified below; however, the TAIFEX may adjust the date based on prevailing conditions:
1. If the last trading day falls on a holiday or closure day of the Hong Kong Treasury Markets Association, the last trading day shall be advanced to the preceding business day on which both the Hong Kong Treasury Markets Association and TAIFEX are open for business.
2. If trading cannot proceed due to a force majeure event, or there are other factors affecting the trading or settlement of the Contracts, the last trading day shall be postponed to the next business day on which both the Hong Kong Treasury Markets Association and TAIFEX are open for business.
- RHF Final Settlement Price is being provided as part of and solely in connection with TAIFEX's regulatory obligations and shall not be used for any other independent purpose.
- USD/CNY(HK) Spot Rate ("Benchmark Data") is owned and administered by the Treasury Markets Association, and exclusively licenced through London Stock Exchange Group plc ("LSEG") and its affiliates. All rights remain reserved.
- None of LSEG, its affiliates or its third party providers warrant that the provision of the Benchmark Data will be uninterrupted, error free, timely, complete or accurate, nor do they make any warranties as to the results to be obtained from use of the same. Use of the Benchmark Data and reliance thereon is at user's sole risk. Neither LSEG or its third party providers will in any way be liable to user or any other entity or person for their inability to use the Benchmark Data, or for any inaccuracies (negligent or otherwise), errors, omissions, delays, computer virus or other infirmity or corruption, damages, claims, liabilities or losses, regardless of cause, in or arising from the use of the information. The Benchmark Data is provided on an "as is" basis and without warranty of any kind. No warranties either expressed or implied, including but not limited to any implied warranty of merchantability, fitness for a particular purpose, title, infringement or otherwise is provided hereunder.
- In no event will LSEG, its affiliates or its third party providers be liable for any damages, including without limitation direct or indirect, special, consequential, incidental, or party providers shall not be liable in any manner for redistributor's products or services.