The nearest expiration date for TAIEX Futures is Nov 19, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell TAIEX Futures before Nov 19, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For TAIEX Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for TAIEX Futures shows that traders are closing their positions, which means a weakening trend.