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TAIEX Futures

Contract Specifications

Underlying Index TAIEX
Opening Date July 19, 2016
Trading hours 8:45-15:15
(Note) Not available for trading in the night session.
Trading Hours
Contract Months 2 consecutive near-term months, plus 3 months in the March quarterly cycle (March, June, September and December).
Last Trading Day A trading day which ends on the business day immediately preceding the third Wednesday（to be moved down accordingly if it falls on a day which TAIEX is not calculated)
SQ Day The business day following the last trading day.
Contract Unit TAIEX × ¥100
Tick Size 1 point
Price Limits
  1. The price limit range shall be calculated by multiplying the reference price of price limits by the following rates.
    Normal 10％
    (Note) The price limits will not be expanded.
    Price Limits/ Circuit Breaker Rule
  2. Immediately Executable Price Range Rule (DCB)：LTP or BBO mid price ±1.0%
    ※However, the DCB Price Range for Opening Auction and Closing Auction will be ±3.0% and ±1.5% respectively.
    Immediately Executable Price Range Rule
Circuit Breaker Rule (SCB) N/A
Price Limits/ Circuit Breaker Rule
Strategy Trades The calendar spread trading is available.
J-NET Trading N/A
J-NET Trading
Holiday Trading Available
Holiday Trading
Settlement Last traded price, etc. from 3:00 p.m. until the end of the Day Session
*If necessary, notwithstanding the above, the settlement price will be adjusted as deemed appropriate by JSCC.
Final Settlement Price The final settlement price for a contract month will be the same as the value for the contract month of TAIFEX (Taiwan Futures Exchange Corporation) TAIEX futures whose last trading day falls in the same month.
Margin Calculated by VaR Method
Margin Calculation Method (VaR Method) for Futures and Options (JSCC)
Settlement method
  1. resell or buy back
  2. final settlement
Give-Up Available
Give-Up System
Position-Transfer Available
Position Transfer System（JSCC）icon-block