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┌────────┬─────────────────────┐
│Item │Description │
├────────┼─────────────────────┤
│Underlying Index│Tokyo Stock Price Index (TOPIX) │
├────────┼─────────────────────┤
│Ticker Symbol │TJF │
├────────┼─────────────────────┤
│Trading Hours │Trading days conform to regular exchange │
│ │trading days │
│ │ │
│ │8:00AM-4:15PM Taiwan time │
├────────┼─────────────────────┤
│Contract Size │NTD 200 x per index point │
├────────┼─────────────────────┤
│Delivery Months │Spot month, the next calendar month, │
│ │and the next three quarterly months │
├────────┼─────────────────────┤
│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 as otherwise determined by TAIFEX │
│ │according to the Trading Rules. │
├────────┼─────────────────────┤
│Daily Price │Three-phase price limit, applied on ±8%, │
│Limit │±12% and ±16% of previous trading day's │
│ │settlement price. │
├────────┼─────────────────────┤
│Minimum Price │0.25 index points (NTD 50) │
│Fluctuation │ │
├────────┼─────────────────────┤
│Last Trading │The business day preceding the second │
│Day │Friday of each contract month. New │
│ │contracts will be listed on the next │
│ │business day. │
├────────┼─────────────────────┤
│Final Settlement│The first business day following │
│Day │the last trading day │
├────────┼─────────────────────┤
│Final Settlement│Special Quotation on the Tokyo Stock │
│Price │Exchange, Inc. (TSE) business day │
│ │following the last trading day │
├────────┼─────────────────────┤
│Settlement │Cash settlement │
├────────┼─────────────────────┤
│Position Limit │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 │
│ │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 are│
│ │subject to the limits for institutional │
│ │investors. │
├────────┼─────────────────────┤
│Margin │The initial and maintenance margin levels,│
│ │and the collection measures that the FCM │
│ │prescribes for its customers, may not be │
│ │less than those required by the TAIFEX. │
│ │ │
│ │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. │
└────────┴─────────────────────┘
*TOPIX is calculated by Tokyo Stock Exchange, Inc.. Tokyo Stock Exchange, Inc. does not sponsor, endorse or promote this product.
*All copyright in the index values and constituent list vests in Tokyo Stock Exchange, Inc.. Taiwan Futures Exchange has obtained a licence from Tokyo Stock Exchange, Inc. to use such copyright in the creation of this product.
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