Taiwan Stock Exchange Index
Exchange | Taiwan Futures Exchange |
Type | Index |
Underlying | Taiwan Stock Exchange Capitalization Weighted Stock Index |
Currency | Taiwan Dollar (TWD) |
Contract Size | NT$200 x Index |
Tick Size | 1.0 |
Tick Value | NT$200 |
Pre-Open 1 | |
Trading Session 1 | 08:45 - 13:45 |
Pre-Open 2 | |
Trading Session 2 | |
Pre-Open T+1 | No T+1 Session |
Trading Session T+1 | No T+1 Session |
Last Trading Day | The third Wednesday of the delivery month of each contract |
Final Settlement Day | The first business day following the last trading day |
Final Settlement Price | The final settlement price for each contract is computed from the first fifteen-minute volume-weighted average of each component stock’s prices in the index on the final settlement day. For those component stocks that are not traded during the beginning fifteen- minute interval on the final settlement day, their last closing prices would be applied instead. |
Settlement Type | Cash |
Contract Months | Spot month, the next calendar month, and the next three quarterly months in the March quarterly cycle: March, June, September, December |
First Trading Day | |
Position Limit | Individual: 2,000 lots Institution: 4,500 lots Proprietary Trader: 13,500 lots |
Initial Margin (outright) | |
Maintenance Margin (outright) | |
Clearinghouse Margin (outright) | |
Listed Spread | No |
Initial Margin (spread) | |
Maintenance Margin (spread) | |
Clearinghouse Margin (spread) | |
Daily Price Limit | +/- 7% of previous day’s settlement price |
Options | Yes |
Exchange Symbol | TX |
Reuters Symbol | |
Bloomberg Symbol | |
ISIN Symbol | |
SEDOL | |
Notes |