Flexible Hours
Yuanta offers 4 FX periods to meet client FX conversion needs.
FX Rules
Benefits of Our FX Environment:
Security
Yuanta will only accept FX orders by e-mail and takes the confirmation of your local representative/custodian bank.
Transparency
Yuanta does the FX conversion with our cooperated TAIFEX approved bank at the 4 FX hours.
Reasonable
There is no spread added to the 11am fixing rate.
(There are minimum thresholds for 11 am fixing)
(There are minimum thresholds for 11 am fixing)
The Four FX Periods:
Taiwan Time | GMT +8
| FX periods | Instruction cut-off time | Min FX amount |
|---|---|---|
| 10am Batch | 9:30am | None |
| 11am Fixing | 10:00am | USD 50,000 |
| 12am Batch | 11:30am | None |
| 2pm Batch | 1:30pm | None |
Yuanta does not offer post-execution pricing for FX transactions.
Important Notes on FX Transactions:
Mandatory FX
The cumulated realized TWD gains in the account may not exceed NTD 300 million (USD 10 million). If the limit is exceeded, FINI is required to make a conversion to bring the balance down to TWD 10 million(USD 0.3 million) within 5 business days.
- Cumulated Realized TWD = TWD Ending Balance - Unrealized Loss - Initial Margin.
FX Restrictions
With TWD being a restricted currency, each trading account has a FX limit to buy up to TWD 5 million. If the FINI account balance holds over TWD 5 million, the FINI will be restricted to buy TWD through FX transactions.
