Your browser is unsupported

Description

Cash-settled mini New Taiwan Dollar/US Dollar Futures

Market Specifications

Trading Screen Product Name

Mini TWD/USD

Trading Screen Hub Name

ICSG

Contract Symbol

SND

Contract Size

TWD 300,000

Currency

USD

Trading Price Quotation

USD per New Taiwan Dollar (TWD/USD)

Minimum Price Fluctuation

USD 0.0001 per 100 New Taiwan Dollars (USD 0.30 per contract)

Contract Series

Up to thirteen consecutive calendar months

Last Trading Day

Trading ceases at 11:00 AM Taipei time (11:00 AM Singapore time) on the last Taiwan business day of the contract expiry month. In all cases, such other date as the Exchange specifies on its website from time to time may apply instead.

Final Settlement

The final settlement price will be equal to the reciprocal of the USD/TWD spot exchange rate multiplied by 100 (rounded to 4 decimal places) reported by Taipei Forex Inc at approximately 11:00 AM Taiwan time (11:00 AM Singapore time) on the Last Trading Day.

ICSG will record cash settlement as of the Business Day (as defined in the ICSG rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICSG’s Finance Procedures and its Rules which may affect the timing of such payment.

Off Exchange Trade Types

For information on Block Trades click here.

For information on Exchange for Related Positions click here.

NCR, RL and IPL Levels

For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.

Daily Settlement Window

Click here

Position Limit

Click here

Trading Hours

Click here.

MIC Code

IFSG

Clearing Venues

ICSG

Related Products

• Mini Hong Kong Dollar/US Dollar Futures
• Mini Indonesian Rupiah/US Dollar Futures
• Mini Korean Won / US Dollar Futures
• Mini Malaysian Ringgit/US Dollar Futures
• Mini Onshore Renminbi/US Dollar Futures

Trading Hours

Codes