Taiwan Futures Exchange (TAIFEX) has earlier today published its operating metrics for October 2015, with the month showing a recovery in trading volumes, including RMB futures volumes, after a subdued September.
The Exchange set a record last month, as the total trading volume from January to October 12, 2015 reached 202,878,207 contracts, breaking the previous annual volume record of 202,411,093 contracts set in 2014. The average daily trading volume stood at 1,090,743 contracts, surpassing the one million mark.
Among the three major products – TAIEX Options (TXO), TAIEX Futures (TX) and Mini-TAIEX Futures (MTX), MTX demonstrated the strongest growth of 68% from 2014, while TX and TXO registered growth of 43% and 40%, respectively.
In its report, TAIFEX noted that the trading volume of newly launched RMB FX Futures showed a promising upward trend.
- In October 2015, monthly trading volumes with USD/CNH FX Futures reached 38,589 contracts, up 82.3% from the result of 21,165 contracts seen in September 2015.
- The monthly volumes for USD/CNT FX Futures totaled 442,891 contracts, up massive 226.3% from the 135,716 contracts traded in September 2015.
To view the full report from TAIFEX, click here.