|
1
|
┌────────┬─────────────────────┐
│Item │Description │
├────────┼─────────────────────┤
│Underlying Index│TAIEX Shipping and Transportation │
│ │Sub-Index │
├────────┼─────────────────────┤
│Ticker Symbol │SHF │
├────────┼─────────────────────┤
│Trading Hours │.Trading days are the same as the regular│
│ │ business days of the Taiwan Stock │
│ │ Exchange │
│ │.08:45AM-1:45PM Taiwan time Monday │
│ │ through Friday of the regular business │
│ │ days of the Taiwan Stock Exchange │
│ │.08:45AM-1:30PM on the last trading day │
│ │ for the delivery month contract │
├────────┼─────────────────────┤
│Contract Size │NTD 1,000 x Shipping and Transportation │
│ │Sector Futures Price │
├────────┼─────────────────────┤
│Delivery Months │Spot month, the next two calendar months, │
│ │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 │
│ │of regular trading session, or as │
│ │otherwise determined by TAIFEX according │
│ │to the Trading Rules. │
├────────┼─────────────────────┤
│Daily Price │+/- 10% of previous day's settlement price│
│Limit │ │
├────────┼─────────────────────┤
│Minimum Price │0.05 index points (NTD 50) │
│Fluctuation │ │
├────────┼─────────────────────┤
│Last Trading Day│The third Wednesday of the delivery month │
├────────┼─────────────────────┤
│Settlement │Cash settlement │
├────────┼─────────────────────┤
│Final Settlement│The same day as the last trading day │
│Day │ │
├────────┼─────────────────────┤
│Final Settlement│The average price of the underlying index │
│Price │disclosed within the last 30 minutes prior│
│ │to the close of trading on the final │
│ │settlement day. Method used to calculate │
│ │final settlement price. │
├────────┼─────────────────────┤
│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 │
│ │ an 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 │
│ │ accounts are subject to the limits for │
│ │ institutional investors. │
├────────┼─────────────────────┤
│Margin │.The trading margin and the maintenance │
│ │ margin may not be lower than the │
│ │ publicly announced TAIFEX standard for │
│ │ the initial margin and the maintenance │
│ │ margin. │
│ │.The initial margin and the maintenance │
│ │ margin announced by 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 TAIFEX. │
└────────┴─────────────────────┘
|
|