Taiwan Futures Exchange (TAIFEX) earlier today published its operating metrics for July 2015, with the month turning out to be rather robust for on-exchange trading, as trading volumes staged a steep rise in both monthly and annual terms.
Overall trading volumes for July 2015 were 26,235,084 contracts, which is 20% higher than the result recorded in June 2015 and 19.9% higher than the result recorded in July 2014.
On July 20, 2015, TAIFEX introduced trading with two new RMB futures contracts – USD/CNH FX Futures and USD/CNT FX Futures. The Exchange has already reported some solid data regarding the first days of trading with the new instruments.
Today’s data highlighted the interest in the Renminbi futures, as:
- In July 2015, monthly trading volumes with USD/CNH FX Futures reached 10,576.
- Average daily volumes with USD/CNH FX Futures amounted to 1,058.
- The monthly volumes for USD/CNT FX Futures totaled 57,868 in July 2015.
- Average daily volumes for USD/CNT FX Futures were 5,787 last month.
To view the official announcement by TAIFEX, click here.