Page 50 - Taiwan Futures Exchange 2019 Annual Report

46 2019 Taiwan Futures Exchange 6. Market Surveillance To maintain the soundness of the futures market and protect against manipulation and other illegal activities, TAIFEX gathered and analyzed market data; implemented position-limit measures on various products; and monitored and analyzed price fluctuations, order volumes, trading volumes, changes in open interest, and changes in position concentrations. TAIFEX also held an interdepartmental meeting after each day's market close to track fluctuations in FCM and high-risk-investor equity. We advised the relevant FCMs and clearing members of these fluctuations as necessary to strengthen the market's risk controls and prevent large-scale defaults. In addition, we evaluated and amended our surveillance standards, extended the capabilities of our computing systems, and continued to enhance the online-monitoring capabilities of our surveillance systems in conjunction with the launch of new products and measures. To maintain the orderliness and security of inter-market trading, strengthen check mechanisms and inter-market reporting of illicit trades, and safeguard the orderliness of trading in markets, we engaged in inter-market reporting and information exchanges with TWSE, the Taipei Exchange (TPEx) and the Taiwan Depository & Clearing Corporation (TDCC). 7. 電腦作業 為使電腦系統滿足市場需求、因應業務成長，辦理系統容量擴充及系統效能提升相關作業: (1) 在配合交易、結算及資訊業務需求方面:配合新商品及新制度或制度調整，持續進行電腦系 統功能開發。包含:完成臺指選擇權動態價格穩定措施、單筆市價委託口數上限調整、鉅額 交易制度調整、證券市場證券價格欄位擴充、美國那斯達克100期貨及富櫃200期貨上市、