FX Futures & ETF Futures Dynamic Price Banding Mechanism
To enhance the stability of market prices, TAIFEX plans to expand dynamic price banding mechanism to FX Futures and ETF Futures in June,2020. Applicable products of FX Futures are USD/CNT FX Futures, USD/CNH FX Futures, EUR/USD FX Futures, USD/JPY FX Futures, GBP/USD FX Futures and AUD/USD FX Futures. Applicable products of ETF Futures are Yuanta/P-shares Taiwan Top 50 ETF Futures, W.I.S.E. Yuanta/P-shares CSI 300 ETF Futures, Fubon SSE180 ETF Futures, Yuanta/P-shares SSE50 ETF Futures, Fuh Hwa CSI300 A Shares ETF Futures, Cathay FTSE China A50 ETF Futures, Fubon SZSE 100 Index ETF Futures, Capital SZSE SME Price Index ETF Futures, Yuanta/P-shares Taiwan Dividend Plus ETF Futures. TAIFEX will check each new order (including limit orders, market orders and market with protection orders) and simulate a matched price based on the order book at the time. TAIFEX will reject buy (sell) orders with a simulated matched price above (below) the upper (lower) limit of TAIFEX’ dynamic price band. |
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