TAIFEX’s FX Volumes Climb in February, USD/CNH Futures Up 50% YoY

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 (TAIFEX) has reported its trading volumes for February 2017, which was largely positive when weighed against its 2016’s equivalent, according to a TAIFEX’s statement.

Established in 1997 as the sole futures exchange in Taiwan, TAIFEX offers trading in futures and options across several asset classes including Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, indices, FX, interest rates and commodities.

In terms of total trading volume in February 2017, the exchange notched a total of 16.8 million contracts compared with 13.2 million traded back in February 2016. This corresponded to a year-on-year advance of approximately 27.0 percent.

The statistical report shows that trading turnover at the exchange’s venues across its Index Futures, the largest component of TAIFEX’s volumes, came at 3.6 million contracts in February 2017, up nearly 12.2 percent year-on-year when weighed against 3.3 million in the same month a year ago. In addition, Index Options volumes were also higher by 27.9 percent to 11.7 million contracts compared to 9.1 million in February 2016.

However, the exchange-traded-funds (ETF) metrics reversed the narrative, having yielded a figure of 80,000 contracts last month, lower by a factor of -40 percent relative to 135,000 in February 2016.

In terms of its FX products, the exchange reported a figure of 7,953 across USD/CNH futures in February 2017, a gain of 49.0 percent year-on-year from 5,330 in February 2016. Additionally, TAIFEX saw 30,462 USD/CNT FX futures in February 2017, up a notable 35.3 percent year-on-year from just 22,509 a year earlier.