TAIFEX 30-Day Commercial Paper Interest Rate Futures
Jump to navigation
Jump to search
TAIFEX 30-Day Commercial Paper Interest Rate futures trade on the Taiwan Futures Exchange (TAIFEX).
In 2007, TAIFEX 30-Day Commercial Paper Interest Rate futures traded 36,243 contracts, more than 900 times the volume in 2006, only 40 contracts[1].
| 30-Day Commercial Paper Interest Rate futures | ||
|---|---|---|
| Exchange | Taiwan Futures Exchange | |
| Settlement | Cash settled | |
| Contract Size | 30-day financing commercial paper having a face value of NT$100 M. | |
| Pricing Unit | 1 point (100 minus interest rate in percentage) = NT$82,192 | |
| Tick Value | 0.005 point = NT$411 | |
| Contract Months | Spot month and the next eleven calendar 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-12:00 noon on banking days. |
| Ticker Symbol | N/A | CPF |
| Price Limits | N/A | +/-0.5 of previous day's settlement price. |
Notes[edit]
Resources[edit]
Taiwan Futures Exchange Products
References[edit]
- ↑ Highlights of Annual Trading Volume. Taiwan Futures Exchange.