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Please be informed that TFX has determined the new release date for Packs and Bundles strategies as below.
1.Packs and Bundles Strategies Release Date
26 February, 2018
2.Packs and Bundles Contract Specifications
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Packs
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Bundles
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| Buying Strategy | A transaction in which a series of four consecutive quarterly contract months of the same volume are purchased. The nearest quarterly contract month of each transaction shall be either the 5th, 9th, 13th or 17th contract month. | A transaction in which four, eight, twelve, sixteen, or twenty consecutive quarterly contract months of the same volume are purchased. |
| Selling Strategy | A transaction in which a series of four consecutive quarterly contract months of the same volume are sold. The nearest quarterly contract month of each execution shall be either the 5th, 9th, 13th or 17th contract month. | A transaction in which four, eight, twelve, sixteen, or twenty consecutive quarterly contract months of the same volume are sold. |
| Quotation | A quoted price shall be an average of differentials in price of each contract month from the prior day’s settlement price. | A quoted price shall be an average of differentials in price of each contract month from the prior day’s settlement price. |
Note: A “quarterly month” means a contract month for which its final settlement date falls in any of March, June, September and December.
3.Contract Series
