Statistics on Banks’ Derivatives Trading Activity (March 2026)

Turnover of derivatives contracts, in notional terms, traded by banks in March 2026 totaled NT$27,581.3 billion (Table 1, Figure 1), led by foreign exchange contracts (NT$20,181.6 billion), followed by interest rate contracts (NT$7,093.4 billion), equity-linked contracts (NT$283.9 billion), commodity contracts (NT$20.2 billion), and credit contracts (NT$2.2 billion). Total turnover increased by 73.00% from the previous month, primarily reflecting growth in FX swap and interest rate swap turnovers (Table 2). The analysis is provided as follows:  

• By Risk Category

Foreign exchange contracts comprised the largest share at 73.17%, followed by interest rate contracts at 25.72%. The share of equity-linked contracts was a modest 1.03%, while those of commodity and credit contracts were 0.07% and 0.01%, respectively (Table 1).

• By Trading Currency

Contracts involving the NTD accounted for 47.04% of the total, with an increase of 99.83% month on month. Contracts between foreign currencies made up the remaining 52.96%, representing a month-on-month increase of 54.57% (Table 1).

• By Bank Type

Domestic banks accounted for 74.17% of the total, while local branches of foreign and Mainland Chinese banks represented 25.83%. Ranked by turnover, the top five banks, in descending order, were Standard Chartered Bank, CTBC Bank, Cathay United Bank, Bank SinoPac, and Taipei Fubon Bank, which collectively represented 43.21% of the total.

• Changes in Turnover

Compared with the previous month, turnover of foreign exchange contracts grew by NT$6,627.5 billion, or 48.90%, and that of interest rate contracts rose by NT$4,890.0 billion, or 221.93%. Over the same period, turnover of equity-linked contracts increased by NT$110.4 billion, or 63.66%, while those of commodity and credit contracts rose by NT$9.4 billion and NT$1.3 billion, respectively (Table 2).