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 base price for calculating the price limit range by the following rates. In principle, the price limit range will be recalculated on a quarterly basis.
    Normal 10%
    (Note) The price limits will not be expanded.
    Current Price Limits
    Price Limits/ Circuit Breaker Rule
  2. Immediately Executable Price Range Rule (DCB):LTP or BBO mid price± 1.0 %
    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
Settlement Cash settlement
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 using SPAN®
(Margin offsetting with other index futures and options contracts is allowed.)
Give-Up Available
Give-Up System
Position-Transfer Available
Position Transfer System(JSCC)icon-block