Although trading activity was subdued across many venues in March 2016, the volumes metrics just published by Taiwan Futures Exchange (TAIFEX) show a rise in overall turnover and in RMB futures volumes, in particular.
Overall trading volumes at the Exchange amounted to 22,400,159 contracts in March 2016, up 69% from the result of 13,258,237 contracts registered in February 2016. The annual comparison was also positive, as the overall trading volumes at TAIFEX were up 18% from the reading of 18,971,138 contracts registered in March 2015.
Let’s take a look at the RMB futures trading results.
- In March 2016, the monthly trading volumes of USD/CNH FX Futures (RHF) amounted to 6,963 contracts, up 30.6% from the result for February 2016.
- The monthly trading volumes of USD/CNT FX Futures (RTF) amounted to 38,958 contracts, up 73% from the result for February 2016.
You can view the full report by clicking here.