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Taiwan Futures Exchange (TAIFEX) is set to apply the Dynamic Price Banding Mechanism (DPBM) to Gold Options (TGO) and Single Stock Options (STO) in the first and second half of 2023, respectively. Up to then, DPBM will be applicable to all products. Additionally, TAIFEX plans to expand the Kill Switch mechanism to client transactions, and implement the Cancel on Disconnect for proprietary traders. These measures aim to further enhance market efficiency and stability. Along with the development of digitalization as well as to keep account opening procedure safe and easy, TAIFEX has allowed FCMs to use Mobile Identification (Mobile ID) verification in the account opening process by amending related rules, effective from Feb 18, 2023.
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