ICE Mini New Taiwan Dollar/US Dollar Futures

ICE futures contract on currency exchange between New Taiwan Dollars and US Dollars. Cash-settled mini New Taiwan Dollar/US Dollar Futures.
== Contract Specs ==
Mini New Taiwan Dollar/US Dollar Futures	Mini New Taiwan Dollar/US Dollar Futures 	Mini New Taiwan Dollar/US Dollar Futures 	Mini New Taiwan Dollar/US Dollar Futures
Trading Screen Product Name 	Mini TWD/USD 	Mini TWD/USD 	Mini TWD/USD
Trading Screen Hub Name 	ICSG 	ICSG 	ICSG
Contract Symbol 	SND 	SND 	SND
Contract Size 	TWD 300,000 	TWD 300,000 	TWD 300,000
Currency 	USD 	USD 	USD
Trading Price Quotation 	USD per New Taiwan Dollar (TWD/USD) 	USD per New Taiwan Dollar (TWD/USD) 	USD per New Taiwan Dollar (TWD/USD)
Minimum Price Fluctuation 	USD 0.0001 per 100 New Taiwan Dollars (USD 0.30 per contract) 	USD 0.0001 per 100 New Taiwan Dollars (USD 0.30 per contract) 	USD 0.0001 per 100 New Taiwan Dollars (USD 0.30 per contract)
Contract Series 	Up to thirteen consecutive calendar months 	Up to thirteen consecutive calendar months 	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.	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.	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.	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.	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. 	For information on Block Trades click here.
For information on Exchange for Related Positions click here. 	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. 	For most up-to-date No Cancellation Range and Reasonability Limits click here.
For most up-to-date Interval Price Limits click here. 	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 	Click here 	Click here
Position Limit 	Click here 	Click here 	Click here
Trading Hours 	Click here 	Click here 	Click here
MIC Code 	IFSG 	IFSG 	IFSG
Clearing Venues 	ICSG 	ICSG 	ICSG
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	8:30 PM - 6:00 PM*
20:30 - 18:00 	8:25 PM
20:25
Trading Hours 	LONDON 	1:30 AM - 11:00 PM*
01:30 - 23:00 	1:25 AM
01:25
Trading Hours 	SINGAPORE 	8:30 AM - 6:00 AM*
08:30 - 06:00 	8:25 AM
08:25
Trading Hours 	*Next Day 	*Next Day 	*Next Day
Codes 	Clearing Admin Name 	TWD/USD 	TWD/USD
Codes 	Physical 	SND 	SND
Codes 	Logical 	SND 	SND
Codes 	GMI (FC) 	None 	None
Codes 	ION A.C.N. 	None 	None
== Notes ==
==References==
==Resources==
ICE Mini New Taiwan Dollar/US Dollar Futures Product Spec
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