TAIFEX Records Lacklustre September Volumes Amid Continuing Low Volatility

Friday, 07/10/2016 | 09:20 GMT by Finance Magnates Staff
  • Although low trading volumes have been recorded for the month, TAIFEX has highlighted a positive year-to-date trend.
TAIFEX Records Lacklustre September Volumes Amid Continuing Low Volatility
Bloomberg

The Taiwan Futures Exchange (TAIFEX) has reported its latest set of trading volumes for September 2016, which once again saw a lukewarm overview in terms of performance. This was, however, highlighted by a positive year-to-date (YTD) trend, according to TAIFEX’s newsletter which also stated that the exchange would continue to grow the Taiwan futures market by introducing more products and initiatives that further align their market with global standards.

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Metrics

TAIFEX offers a wide range of instruments, including foreign exchange (FX), futures, exchange-traded-funds (ETFs) and other options contracts. In terms of total trading volume in September 2016, the exchange notched a total of 18.7 million contracts compared with 22.4 million traded back in September 2015. This corresponded to a YoY retreat of approximately -16.5 percent.

Looking closer at its September 2016 figures, the largest components of TAIFEX’s volumes were Index Futures and Index Options – specifically Taiwan futures and options that came in at 13.2 percent and 71.5 percent respectively as a measure of total volumes.

TAIFEX also saw a downbeat performance across its exchange-traded-funds (ETF) and FX business. Looking at its ETF business, TAIFEX disclosed a figure of just 96,416 in September 2016 across its ETF futures, down - 55.5 percent YoY from 216,619 in September 2015.

Regarding its FX trading, the exchange reported a figure of just 7,603 USD/CNH futures in September 2016, down -64.0 percent YoY from 21,165 in September 2015. Additionally, TAIFEX saw 31,438 USD/CNT FX futures in September 2016, down a notable -76.8 percent YoY from 135,716 in September 2015.

Nifty 50 Futures Contract to Debut at TAIFEX

In today’s update, TAIFEX also announced that its TAIFEX’ Nifty 50 futures denominated in New Taiwan dollar (TWD) has been approved by the regulator and the product is scheduled to be launched on TAIFEX soon. The offering of the product will not only expand TAIFEX’ product line, but will provide local investors with a channel to invest in the Indian market.

The Taiwan Futures Exchange (TAIFEX) has reported its latest set of trading volumes for September 2016, which once again saw a lukewarm overview in terms of performance. This was, however, highlighted by a positive year-to-date (YTD) trend, according to TAIFEX’s newsletter which also stated that the exchange would continue to grow the Taiwan futures market by introducing more products and initiatives that further align their market with global standards.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

Metrics

TAIFEX offers a wide range of instruments, including foreign exchange (FX), futures, exchange-traded-funds (ETFs) and other options contracts. In terms of total trading volume in September 2016, the exchange notched a total of 18.7 million contracts compared with 22.4 million traded back in September 2015. This corresponded to a YoY retreat of approximately -16.5 percent.

Looking closer at its September 2016 figures, the largest components of TAIFEX’s volumes were Index Futures and Index Options – specifically Taiwan futures and options that came in at 13.2 percent and 71.5 percent respectively as a measure of total volumes.

TAIFEX also saw a downbeat performance across its exchange-traded-funds (ETF) and FX business. Looking at its ETF business, TAIFEX disclosed a figure of just 96,416 in September 2016 across its ETF futures, down - 55.5 percent YoY from 216,619 in September 2015.

Regarding its FX trading, the exchange reported a figure of just 7,603 USD/CNH futures in September 2016, down -64.0 percent YoY from 21,165 in September 2015. Additionally, TAIFEX saw 31,438 USD/CNT FX futures in September 2016, down a notable -76.8 percent YoY from 135,716 in September 2015.

Nifty 50 Futures Contract to Debut at TAIFEX

In today’s update, TAIFEX also announced that its TAIFEX’ Nifty 50 futures denominated in New Taiwan dollar (TWD) has been approved by the regulator and the product is scheduled to be launched on TAIFEX soon. The offering of the product will not only expand TAIFEX’ product line, but will provide local investors with a channel to invest in the Indian market.

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