After the outbreak of the COVID-19, the global financial market has become more volatile and interconnected, and traders have greater needs to adjust their positions during the after-hours session. In recent years, single stock futures has grown significantly in trading volume and become one of the main products of the futures market of Taiwan. Taiwan's American Depositary Receipts (ADRs) are all electronic stocks and their prices are often affected by the U.S. technology stocks. The significant increase in the trading volume of Taiwan's ADRs reflects a demand for trading of the relevant securities during U.S. stock trading hours. TAIFEX plans to add single stock futures on the underlying securities with ADRs to the after-hours session, so as to fully unleash the potential of price discovery and hedging functions of the futures market.
- □ After-hours session 17:25~ 05:00 the following day
- □ Eligible products TSMC Futures (CD), mini-TSMC Futures (QF)
