TAIFEX NonFinance NonElectronics Sub-Index Futures

From MarketsWiki
Jump to: navigation, search
FTSE Russell banner 2016.gif

TAIFEX NonFinance NonElectronics Sub-Index futures and options trade on the Taiwan Futures Exchange (TAIFEX).

Over the first 60 trading days in 2007, TAIFEX NonFinance NonElectronics Sub-Index futures and options traded 37,197 contracts and 186,161 contracts, respectively[1].



NonFinance NonElectronics Sub-Index futures
Exchange Taiwan Futures Exchange
Settlement Cash settled
Contract Size NT$100 x futures contract price
Pricing Unit Need pricing unit!
Tick Value 1 index point (NT$100)
Contract Months Spot month, the next calendar month, and the next three quarterly months.
Last Trading Day The third Wednesday of the delivery month.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 08:45AM-1:45PM Taiwan time Monday through Friday of the regular business days of the Taiwan Stock Exchange.
Ticker Symbol N/A XIF
Price Limits N/A +/- 7% of previous day's settlement price.
 
NonFinance NonElectronics Sub-Index options
Trade Unit One futures contract
Point Value NT$25 per index point
Tick Value < 20 points: 0.2 points (NT$5)

>=20 points,<100 points: 1 point (NT$ 25)

>=100 points, <1000 points: 2 points (NT$ 50)

>=1000 points, <2,000 points: 10 points (NT$ 250)

>=2,000 points: 20 points (NT$ 500)

Option Months Spot month, the next two calendar months, and the next two quarterly months
Strike Prices
  • Strike price below 3,000 points: 50 index points in spot month and the next two calendar months, 100 index points in the two quarterly months
  • Strike price between 3,000 and 8,000 points: 100 index points in spot month and the next two calendar months, 200 index points in the two quarterly months
  • Strike price between 8,000 and 12,000 points: 200 index points in spot month and the next two calendar months, 400 index points in the two quarterly months
  • Strike price above 12,000 points: 400 index points in spot month and the next two calendar months, 800 index points in the two quarterly months
Exercise Style European
  No Open Outcry Electronic
Trading Hours N/A 8:45am-1:45pm on regular business days of the Taiwan Stock Exchange
Ticker Symbol N/A XIO
Price Limits N/A +/- 7% of previous day's closing price of the underlying index

Notes

Resources

Taiwan Futures Exchange Products

References

  1. Highlights of Annual Trading Volume. Taiwan Futures Exchange.