Regulations Governing Futures Trust Funds Article 40
A futures trust enterprise that utilizes a futures trust fund offered to unspecified persons for the trades prescribed under Article 38, paragraph 1, subparagraph 2 shall ensure that it has obtained a fair or reasonable price for the trade and shall notify the fund custodian. The total risk exposure associated with the trade may not exceed ten percent of the net asset value of the given fund, except with the approval of the competent authority.The standard for measurement of the total risk exposure of the preceding paragraph shall be based on the maximum possible losses associated with the trades, excluding foreign currency futures trades conducted as a hedge against future exchange rate risks at the time of settlement.When a futures trust enterprise utilizes a futures trust fund offered to unspecified persons for selling futures options and option contracts in relation to the trades of paragraph 1, the options shall be adequately covered. The related self-regulatory rules shall be adopted by the Futures Association.When a futures trust enterprise utilizes a futures trust fund offered to unspecified persons for the trades of paragraph 1, the trading counterparty shall be a financial institution that meets the conditions prescribed by the competent authority.
中文原文 期貨信託基金管理辦法第40條
期貨信託事業運用對不特定人所募集之期貨信託基金從事第三十八條第一項第二款交易，應確保取得交易之公平或合理價格並通知基金保管機構。
其交易之總風險暴露，除主管機關核准外，不得超過本期貨信託基金淨資產價值之百分之十。
前項總風險暴露以交易所生最大可能之損失為衡量標準，不包含為規避未來交割之匯率風險而承作之外匯期貨交易。
期貨信託事業運用對不特定人所募集之期貨信託基金從事第一項交易之期權契約或選擇權契約賣出交易時，應有適足擔保，其自律規範由同業公會定之。
期貨信託事業運用對不特定人所募集之期貨信託基金從事第一項交易，其交易對象應為符合主管機關所定條件之金融機構。
其交易之總風險暴露，除主管機關核准外，不得超過本期貨信託基金淨資產價值之百分之十。
前項總風險暴露以交易所生最大可能之損失為衡量標準，不包含為規避未來交割之匯率風險而承作之外匯期貨交易。
期貨信託事業運用對不特定人所募集之期貨信託基金從事第一項交易之期權契約或選擇權契約賣出交易時，應有適足擔保，其自律規範由同業公會定之。
期貨信託事業運用對不特定人所募集之期貨信託基金從事第一項交易，其交易對象應為符合主管機關所定條件之金融機構。