Taiwan Futures Exchange (TAIFEX) earlier today posted its operating metrics for September 2015, with the month showing a steep drop in trading activity when compared to the robust levels reported for August 2015, a month marked by an upsurge in market volatility.
Overall trading volumes for September 2015 amounted to 22,380,539 contracts, down 24% from the result of 29,464,233 contracts, seen in August 2015. On the brighter side, the result for September 2015 was 8.9% stronger than in September 2014.
On July 20, 2015, TAIFEX launched two new RMB futures contracts – USD/CNH FX Futures and USD/CNT FX Futures. The data released today showed decline in trading volumes with this futures too:
- In September 2015, monthly trading volumes with USD/CNH FX Futures reached 21,165 contracts, down 4.6% from the 22,180 contracts traded in August 2015.
- Average daily volumes for USD/CNH FX Futures for the January-September 2015 period amounted to 1,057.
- The monthly volumes for USD/CNT FX Futures totaled 135,716 contracts in September 2015, down massive 46.3% from the result of 252,744 registered in August 2015.
- Average daily volumes for USD/CNT FX Futures for the January-September 2015 period were 8,752.
To view TAIFEX’s full report for September 2015, click here.