The Taiwan Futures Alternate (TAIFEX) will release micro TAIEX futures (TMF) on 29 July, with the purpose of offering buyers with greater flexibility and accessibility in capital control.
The addition to its product lineup addresses the emerging index ranges and evolving calls for of the Taiwan marketplace, in keeping with TAIFEX.
Since 2023, the TAIEX index has greater considerably via greater than 9,000 issues, just lately exceeding the 24,000-point milestone for the primary time.
This expansion has greater the contract measurement of mini-TAIEX futures (MTX), which now exceed NT$ 1.2 million in keeping with contract, up from more or less NT$ 270,000 when first offered in April 2001.
“In line with the heightened buying and selling thresholds related to MTX and TAIEX futures (TX), the advent of TMF gives a extra out there and flexible buying and selling device,” TAIFEX mentioned in a commentary.
TMF includes a multiplier of NT$ 10 in keeping with index level, correlating into a freelance measurement of NT$ 240,000 at an index stage of 24,000 issues.
“This new contract measurement is one-fifth that of MTX and one-twentieth that of TX, offering traders with a extremely adaptable and actual buying and selling software. The diminished contract measurement facilitates finer place changes and extra environment friendly execution of hedging or buying and selling methods, permitting traders to reply unexpectedly to marketplace adjustments and enabling higher capital allocation throughout a broader spectrum of belongings,” added TAIFEX.
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