Taifex ADV Exceed One Million Mark in January-October

The Taiwan Futures Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term reported trading volumes for January to October, which show that the average daily trades (ADV) in the period surpassed the one million mark, reaching 1.09 million contracts, the bourse said in a statement. The overall trading volumes came in at 215.65 million contracts.

TAIEX Options Lead Parade

The most notable growth was registered by the exchange’s Mini-TAEX Futures, where trades expanded by 68 percent from a year earlier. The TAIEX Futures products of Taifex booked an increase of 43 percent, and trade in TAIEX Options rose by 40 percent.

In October alone, the Mini-TAEX Futures accounted for 9.3 percent of overall trades, TAIEX Futures contributed 13.2 percent, and TAIEX Options led the parade by contributing 69.3 percent of all trades during the period.

The exchange noted that the performance of Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term futures denominated in renminbi was very promising, believing that these products will become a driving force for the overall growth of Taifex. The forex futures contracts – USD/CNT and USD/CNH – were introduced in late July this year, and on the first day of trading, the two generated a combined volume of 5,290 contracts, Automated Trader reported at the time.