(二)法人機構以交易人身分申請避險帳戶從事期貨交易者，除法令另有規定外，依本注意事項辦理。
(2) Unless otherwise provided by laws or regulations, an institutional investor that applies to open a hedge account for its futures trading shall proceed in accordance with these Directions.
本注意事項未規定者，依本公司其他章則規定辦理。
Matters for which these Directions do not provide shall be subject to other rules and regulations of the Exchange.
本應行注意事項所稱法人機構限於依主管機關規定範圍內從事期貨交易之證券商、外國機構投資人、證券投資信託事業所管理之證券投資信託基金、國家金融安定基金、公務人員退休撫卹基金、勞工退休基金、勞工保險基金、郵政儲金匯業局所管理之郵政資金、金融及保險機構為限。
"Institutional investor" as used in the Directions is limited to securities firms, foreign institutional investors, securities investment trust funds operated by Securities Investment Trust Enterprises ("SITE"), the National Finance Stabilization Fund, the Civil Servant Pension Fund, the Labor Pension Fund, the Labor Insurance Fund, and the funds managed by the Directorate General of Postal Remittances and Savings Banks, and other financial and insurance institutions that engage in futures trading within the bounds mandated by the competent authority.
(一)經主管機關核准從事國內期貨市場期貨交易之證券商，因避險需求而擬申請豁免交易規則之部位限制規定者，應檢具「證券商設立期貨交易避險帳戶申請書」(附表一)，載明其應記載事項，連同應檢附書件，向本公司申請。
(1) If a securities firm approved by the competent authority to engage in futures trading in the domestic futures market wishes to apply for an exemption to position limits for hedging purposes, the firm shall complete and submit the "Application for a Securities Firm to open a Futures Trading Hedge Account" (Form 1) together with the required supporting documentation to the Exchange.
俟本公司同意並發給證明文件，憑以向期貨商開設避險帳戶或將原交易帳戶變更為避險帳戶，並由期貨商函報本公司後，該證券商從事期貨交易，始得豁免交易規則之部位限制規定。
The securities firm will be exempt from position limits required for each contract by their respective trading rules only after the Exchange has approved the application and issued certifying documentation that may be used to open a hedge account with a futures commission merchant or convert an existing trading account into a hedge account.
(二)依主管機關規定得於國內期貨市場從事期貨交易之外國機構投資人，應檢具「外國機構投資人設立期貨交易避險帳戶申請書」(附表二)，載明其應記載事項，連同應檢附書件，向本公司申請設立避險帳戶並豁免交易規則部位限制。
(2) A foreign institutional investor allowed under the rules of the competent authority to trade futures on the domestic futures market shall complete and submit the "Application for a Foreign Institutional Investor to open a Futures Trading Hedge Account" (Form 2) together with the required supporting documentation to the Exchange to apply for opening of a hedge account and exemption from position restrictions under trading rules.
俟本公司同意並發給證明文件，憑以向期貨商開設避險帳戶，並由期貨商函報本公司。
After the Exchange has approved the application and issued certifying documentation, the foreign institutional investor may use the documentation to apply to a futures commission merchant to open a hedge account, and the futures commission merchant shall report the opening of such account to the Exchange by letter.
(三)境外外國機構投資人向本公司申請設立避險帳戶時，應由境外外國機構投資人提出申請，其所屬分戶得一併適用所申請之豁免部位限制規定。
(3) When an offshore foreign institutional investor applies to the Exchange to open a hedge account, the offshore foreign institutional investor shall file an application.
The exemption from position limits shall apply to all sub-accounts of the offshore foreign institutional investor′s master accounts.
每一分戶持有各交割月份未平倉部位之期貨契約所需原始保證金、賣出選擇權契約所需原始保證金與買入選擇權契約所需權利金，併入其投資貨幣市場工具等之總額，不得超過其匯入資金餘額之百分之三十。
The aggregate amount of the initial margins required for futures contracts, initial margins required for put option contracts, and premiums required for call option contracts for the open positions for all delivery months held by the sub-account plus the investment by the account in money market instruments shall not be more than 30 percent of the balance of funds remitted into the sub-account.
(四)依主管機關規定得於國內期貨市場從事國內期貨交易之證券投資信託事業所管理之證券投資信託基金，因避險需求而擬申請豁免交易規則之部位限制規定者，應檢具「證券投資信託事業所管理之證券投資信託基金設立期貨交易避險帳戶申請書」(附表三)，載明其應記載事項，連同應檢附書件，向本公司申請。
(4) If a securities investment trust fund operated by a SITE approved by the competent authority to engage in domestic futures trading wishes to apply for an exemption to position limits, the trust fund shall complete and submit the "Application for a Securities Investment Trust Fund Operated by a Securities Investment Trust Enterprise to open a Futures Trading Hedge Account" (Form 3) together with the required supporting documentation to the Exchange.
俟本公司同意並發給證明文件，憑以向期貨商開設避險帳戶或將原交易帳戶變更為避險帳戶，並由期貨商函報本公司後，該證券投資信託事業所管理之證券投資信託基金從事期貨交易，始得豁免交易規則之部位限制規定。
The securities investment trust fund will be exempt from position limits required for each contract by their respective trading rules only after the Exchange has approved the application and issued certifying documentation that may be used to open a hedge account with a futures commission merchant or to convert an existing trading account into a hedge account.
(五)國家金融安定基金、公務人員退休撫卹基金、勞工退休基金、勞工保險基金、郵政儲金匯業局所管理之郵政資金、金融及保險機構，因避險需求而擬申請豁免交易規則之部位限制規定者，應檢具「法人機構設立期貨交易避險帳戶申請書」(附表四)，載明其應記載事項，連同應檢附書件，向本公司申請。
(5) If the National Finance Stabilization Fund, the Civil Servant Pension Fund, the Labor Pension Fund, the Labor Insurance Fund, the funds operated by the Directorate General of Postal Remittances and Savings Bank, and other financial and insurance institutions wish to apply for an exemption from position limits for hedging purposes, the fund or institution shall complete and submit the "Application for Juristic Person to Open Futures Trading Hedge Account" (Form 4) together with the required supporting documentation to the Exchange.
俟本公司同意並發給證明文件，憑以向期貨商開設避險帳戶或將原交易帳戶變更為避險帳戶，並由期貨商函報本公司後，該法人機構從事期貨交易，始得豁免交易規則之部位限制規定。
The fund or institution will be exempt from position limits required for each contract by their respective trading rules only after the Exchange has approved the application and issued certifying documentation that may be used to open a hedge account with a futures commission merchant or convert an existing trading account into a hedge account.
(六)法人機構為豁免本公司交易規則之部位限制，向本公司申請避險帳戶者，如有下列情事之一者，本公司得不予同意：
(6) The Exchange may not approve an application from an institutional investor for a hedge account to exempt the position limits required in the trading rules of respective contracts under any of the following circumstances:
1申請書件不齊或記載事項有虛偽、隱匿情事者。
(i) The application is incomplete or the matters recorded therein are false or conceal the truth.
3違反法令或本公司章則相關規定者。
(iii) Violations of relevant provisions of regulations or the Exchange′s rules..
三本公司得於法人機構申請設立期貨交易避險帳戶時，或於從事期貨交易期間，限期要求該法人機構就有關事項提出書面說明或補正書件，該法人機構不得規避或拒絕。
3.
When an institutional investor applies for a hedge account for futures trading or while it engages in futures trading, the Exchange may order that institutional investor to provide a written explanation of relevant matters or supplementary documentation with a prescribed period.
The institutional investor shall not evade such an order or refuse to comply.
(一)境外外國機構投資人依主管機關公告之「華僑及外國人從事期貨交易處理要點」規定持有期貨交易契約未沖銷部位者，應委由保管機構於每一營業日下午五時前，採媒體申報方式，依本公司電腦輸入畫面所列事項逐一輸入。
(1) Offshore foreign institutional investors that hold open futures trading contract positions pursuant to the Directions for Futures Trading by Overseas Chinese and Foreign Investors promulgated by the competent authority shall, through the custodian institution, file a report electronically to the Exchange by 5:00 p.m. each business day, entering the details into each of the corresponding fields on the computer interface provided by the Exchange.
(二)證券投資信託事業所管理之證券投資信託基金依主管機關公告之「證券投資信託事業運用證券投資信託基金從事證券相關商品交易應行注意事項」規定，從事期貨交易或持有期貨交易契約未沖銷部位者，應於每一營業日下午五時前，採媒體申報方式，依本公司電腦輸入畫面所列事項逐一輸入。
(2) A SITE that operates a securities investment trust fund engaging in futures trading or holding open futures trading contract positions pursuant to the "Directions for Use of Securities Investment Trust Funds for Trading in Securities Related Products by Securities Investment Trust Enterprises" promulgated by the competent authority shall file a report electronically to the Exchange by 5:00 PM each business day, entering the details into each of the corresponding fields on the computer interface provided by the Exchange.
(三)證券投資信託事業所管理之證券投資信託基金，未經本公司同意設立避險帳戶，但開設一般交易帳戶從事期貨交易者，亦應依前款規定方式向本公司申報。
(3) A securities investment trust fund operated by a SITE that has not been approved by the Exchange for a hedge account but has a regular trading account to engage in futures trading shall report to the Exchange pursuant to the preceding subparagraph.
五、法人機構設立避險帳戶後，經發現其申請事項有虛偽、隱匿情事、或違反本應行注意事項之規定、或有違反期貨交易相關法令及本公司章則相關規定者，本公司得採取下列措施：
5.
Should an institutional investor who has a hedge account be discovered to have filed a false application, concealed facts, failed to exercise due care according to these Directions, or violated laws and regulations related to futures trading or the relevant provisions of the Exchange′s rules, the Exchange may take the following measures:
2.撤銷其避險帳戶之設立。
(ii) Revoke the opening of its hedge account.
The futures commission merchant shall immediately cease accepting new orders from the institutional investor, except for purposes of disposing of existing positions, and shall cancel the account after its claims and liabilities have been settled.
除為處理原有部位外，期貨商應立即停止收受其新增委託單，並於其債權債務結清後，予以銷戶。
(ii) Revoke the opening of its hedge account.
The futures commission merchant shall immediately cease accepting new orders from the institutional investor, except for purposes of disposing of existing positions, and shall cancel the account after its claims and liabilities have been settled.
3.拒絕該法人機構於一定期間內再申請設立避險帳戶。
(iii) For a certain period of time, reject applications from the institutional investor for opening of a hedge account.