TAIFEX to launch incentive program on Yuan futures for institutional investors in Q1’16

Taiwan Futures Exchange (TAIFEX) today announced its plans to launch an incentive program for institutional investors trading Yuan futures.

The program will cover USD/CNT FX Futures (RTF) and USD/CNH FX Futures (RHF). It will offer reduced exchange trading and clearing fees by way of rebates to investors, with the size of the cut depending on the volume traded.

The program will last from January 1, 2016 to March 31, 2016. Those willing to participate from January should complete the applications before January 15, 2016.

Eligible participants should have institutional client accounts with TAIFEX brokerage members or TAIFEX proprietary trading accounts. The minimum threshold for participating is average daily trading volume in RTF and RHF exceeding 10 lots in any given calendar month.


TAIFEX has seen Yuan FX futures volumes rise since launching these instruments in July this year. In October 2015, monthly trading volumes with USD/CNH FX Futures reached 38,589 contracts, up 82.3% from September 2015, whereas the monthly volumes for USD/CNT FX Futures totaled 442,891 contracts, up 226.3% from the 135,716 contracts traded in September 2015.

You can view the announcement from TAIFEX by clicking here.

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