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Title Taiwan Futures Exchange Corporation Trading Rules for TAIFEX AUD/USD FX Futures Contracts CH
Date 2025.06.10 ( Amended )

History

Modified
2025/06/10 (Modified)
Article 8     Delivery months for the Contracts are the four consecutive quarterly months (March, June, September, and December) listed and traded concurrently. The last trading day for contracts of a particular delivery month is the third Wednesday of the expiry month of the contract. Trading of contracts at expiry will halt at the close of the regular trading session on the last trading day, and the last trading day is the final settlement day for a contract at expiry.
    If any of the following circumstances occurs on the last trading day, then the next business day shall be the last trading day, provided that TAIFEX may adjust that date in view of circumstances:
  1. The last trading day falls on a TAIFEX holiday, or trading cannot proceed due to a force majeure event.
  2. The mid rate of WM/Refinitiv Intraday Spot Rates for AUD/USD at 2:00PM Taipei Time is not produced due to national holidays in major financial centers.
  3. There are other factors that affect the trading or settlement of the Contracts.
    The trading in contracts of the new delivery month shall begin from the regular trading session on the business day following the last trading day of an expiring contract.
    TAIFEX may change the delivery months, first trading days, last trading days, and final settlement days of the preceding three paragraphs as it deems necessary after reporting to and receiving approval from the competent authority.
Article 12     The final settlement price of the Contracts is set at the mid rate of WM/Refinitiv Intraday Spot Rates for AUD/USD at 2:00 p.m. Taipei time on the last trading day and rounded to 4 decimal places.
    If for any reason the fixing rate of the preceding paragraph is not announced before TAIFEX executes procedures for settlement at expiration, or if the final settlement price so determined is obviously unreasonable, then the final settlement price will be determined by TAIFEX referring to the market AUD/USD exchange rates published through major financial information systems.
2025/06/05 (Modified)
Article 11     With exception of the conditions described in paragraph 2 to paragraph 4 and paragraph 6, the daily price limit of the Contracts is 3 percent above and below the daily settlement price of the preceding regular trading session.
    From the market opening to 10 minutes before the market closes, if the transaction price of the nearest-month contract touches the ±3% daily price limit, or the best bid price of the nearest-month contract touches the +3% daily price limit, or the best offer price of the nearest-month contract touches the -3% daily price limit, the daily price limit will expand to ±5% of the daily settlement price of the preceding regular trading session after 10 minutes.
    From the daily price limit expanding to ±5% of the daily settlement price of the preceding regular trading session to 10 minutes before the market closes, if the transaction price of the nearest-month contract touches the ±5% daily price limit, or the best bid price of the nearest-month contract touches the +5% daily price limit, or the best offer price of the nearest-month contract touches the -5% daily price limit, the daily price limit will expand to ±7% of the daily settlement price of the preceding regular trading session after 10 minutes.
    For the delivery month contract, the ±7% daily price limit of the preceding paragraph will be replaced by ±12% starting from the after-hours trading session preceding the last trading day, to the close of trading on the last trading day upon expiration.
    The nearest-month contract in paragraph 2 and paragraph 3 shall be substituted with the next nearest-month contract in the regular trading session on the last trading day.
    The daily price limit of the regular trading session will be the expanded daily price limit if the conditions described in paragraph 2 or paragraph 3 are met in the previous after-hours trading session.
    TAIFEX may adjust the daily price limits of the Contracts described in paragraph 1 to paragraph 4 and paragraph 6 as it deems necessary based on market conditions.
2020/11/23 (Modified)
Article 8     Delivery months for the Contracts are the four consecutive quarterly months (March, June, September, and December) listed and traded concurrently. The last trading day for contracts of a particular delivery month is the third Wednesday of the expiry month of the contract. Trading of contracts at expiry will halt at the close of the regular trading session on the last trading day, and the last trading day is the final settlement day for a contract at expiry.
    If any of the following circumstances occurs on the last trading day, then the next business day shall be the last trading day, provided that TAIFEX may adjust that date in view of circumstances:
  1. The last trading day falls on a TAIFEX holiday, or trading cannot proceed due to a force majeure event.
  2. The mid rate of WM/Reuters Intraday Spot Rates for AUD/USD at 2:00PM Taipei Time is not produced due to national holidays in major financial centers.
  3. There are other factors that affect the trading or settlement of the Contracts.
    The trading in contracts of the new delivery month shall begin from the regular trading session on the business day following the last trading day of an expiring contract.
    TAIFEX may change the delivery months, first trading days, last trading days, and final settlement days of the preceding three paragraphs as it deems necessary after reporting to and receiving approval from the competent authority.
Article 12     The final settlement price of the Contracts is set at the mid rate of WM/Reuters Intraday Spot Rates for AUD/USD at 2:00 p.m. Taipei time on the last trading day and rounded to 4 decimal places.
    If for any reason the fixing rate of the preceding paragraph is not announced before TAIFEX executes procedures for settlement at expiration, or if the final settlement price so determined is obviously unreasonable, then the final settlement price will be determined by TAIFEX referring to the market AUD/USD exchange rates published through major financial information systems.
2018/11/13 (Modified)
Article 7     Trading days for the Contracts are the same as bank business days. Trading hours are as follow:
  1. Regular trading session: 8:45 a.m. to 4:15 p.m. The trading hours for a contract of a given expiration month on the relevant last trading day shall be from 8:45 a.m. to 2:00 p.m.
  2. After-hours trading session: 5:25 p.m. to 5:00 a.m. of the following day.
    If banking enterprises for any reason suspend operations, however, or other factors hinder trading of the Contracts, then TAIFEX, on the basis of circumstances at the time, may declare a temporary halt to trading and report the matter to the competent authority for recordation on the following business day.
    TAIFEX may change the trading days and trading hours of paragraph 1 after reporting to and receiving approval from the competent authority.
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