TAIFEX Sees Strong YoY Growth in ETF, Futures Trading

Monday, 18/01/2016 | 12:16 GMT by Jeff Patterson
  • In terms of total trading volume in 2015, the exchange notched a total of 264.5 million contracts, vs 202.4 million back in 2014.
TAIFEX Sees Strong YoY Growth in ETF, Futures Trading
Photo: Bloomberg

The Taiwan Futures Exchange (TAIFEX) has reported its trading volumes for the year 2015, which constituted a sizable gain YoY as well as a fresh record high for the aggregate calendar year, according to a TAIFEX statement.

TAIFEX offers a plethora of instruments, including foreign exchange (FX), futures, and other options contracts. In terms of total trading volume in 2015, the exchange notched a total of 264.5 million contracts, vs 202.4 million back in 2014, or a YoY gain of 30.7%. In terms of average daily volume (ADV) in 2015, this also corresponded to an ascension of a 1.0 million contract benchmark for the first time.

Product Rundown

Delving into specific product types and instruments, the total trading volume of TAIFEX’s futures in 2015 mounted a rise of 43.9% YoY against its 2014 counterpart. This strength was further reinforced by its four leading products, i.e. TAIEX Options (TXO), TAIEX Futures (TX), Mini-TAIEX Futures (MTX) and Single Stock Futures, MTX.

In particular, the total trading volume for these products was a collective 21.0 million contracts, while TAIFEX’s Single Stock Futures, which includes exchange-traded-funds (ETF) Futures, also reported a growth of 50.6% with 14.3 million contracts.

2015 also marked the launch of TAIFEX’s RMB FX Futures, which included the USD/CNT and USD/CNH, each of which launched back in July 2015 – the launch was also helpful in fueling TAIFEX’s trading volume growth. During H2 2015 alone, the two FX futures products combined to Yield 1.1 million contracts traded. In addition, TAIFEX also initiated its First Foreign Equity Index Futures, TOPIX Futures back in December 2015.

Finally, the exchange’s ETF Futures, ETF Options also achieved a steadfast level of growth, broadly higher than the extent of its overall trading figures. Trading volumes of the present seven ETF Futures on TAIFEX, of which 6 are linked to China stock indices, managed to show a growth of 100.0% from 2014 with a total volume of 2.1 million contracts in 2015.

The Taiwan Futures Exchange (TAIFEX) has reported its trading volumes for the year 2015, which constituted a sizable gain YoY as well as a fresh record high for the aggregate calendar year, according to a TAIFEX statement.

TAIFEX offers a plethora of instruments, including foreign exchange (FX), futures, and other options contracts. In terms of total trading volume in 2015, the exchange notched a total of 264.5 million contracts, vs 202.4 million back in 2014, or a YoY gain of 30.7%. In terms of average daily volume (ADV) in 2015, this also corresponded to an ascension of a 1.0 million contract benchmark for the first time.

Product Rundown

Delving into specific product types and instruments, the total trading volume of TAIFEX’s futures in 2015 mounted a rise of 43.9% YoY against its 2014 counterpart. This strength was further reinforced by its four leading products, i.e. TAIEX Options (TXO), TAIEX Futures (TX), Mini-TAIEX Futures (MTX) and Single Stock Futures, MTX.

In particular, the total trading volume for these products was a collective 21.0 million contracts, while TAIFEX’s Single Stock Futures, which includes exchange-traded-funds (ETF) Futures, also reported a growth of 50.6% with 14.3 million contracts.

2015 also marked the launch of TAIFEX’s RMB FX Futures, which included the USD/CNT and USD/CNH, each of which launched back in July 2015 – the launch was also helpful in fueling TAIFEX’s trading volume growth. During H2 2015 alone, the two FX futures products combined to Yield 1.1 million contracts traded. In addition, TAIFEX also initiated its First Foreign Equity Index Futures, TOPIX Futures back in December 2015.

Finally, the exchange’s ETF Futures, ETF Options also achieved a steadfast level of growth, broadly higher than the extent of its overall trading figures. Trading volumes of the present seven ETF Futures on TAIFEX, of which 6 are linked to China stock indices, managed to show a growth of 100.0% from 2014 with a total volume of 2.1 million contracts in 2015.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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