Statistics on Banks’ Derivatives Trading Activity (May 2026)

Turnover of derivatives contracts, in notional terms, traded by banks in May 2026 totaled NT$21,635.8 billion (Table 1, Figure 1), led by foreign exchange contracts (NT$17,780.6 billion), followed by interest rate contracts (NT$3,597.5 billion), equity-linked contracts (NT$232.8 billion), commodity contracts (NT$20.4 billion), and credit contracts (NT$4.5 billion). Total turnover decreased by 3.30% from the previous month, primarily reflecting a decline in FX swap turnover (Table 2). The analysis is provided as follows:

● By Risk Category

Foreign exchange contracts comprised the largest share at 82.18%, followed by interest rate contracts at 16.63%. The share of equity-linked contracts was a modest 1.08%, while those of commodity and credit contracts were 0.09% and 0.02%, respectively (Table 1).

● By Trading Currency

Contracts involving the NTD accounted for 42.45% of the total, with a decrease of 10.53% month on month. Contracts between foreign currencies made up the remaining 57.55%, representing a month-on-month increase of 2.83% (Table 1).

● By Bank Type

Domestic banks accounted for 72.39% of the total, while local branches of foreign and Mainland Chinese banks represented 27.61%. Ranked by turnover, the top five banks, in descending order, were CTBC Bank, Cathay United Bank, Bank SinoPac, Standard Chartered Bank, and E.SUN Bank, which collectively represented 38.80% of the total.

● Changes in Turnover

Compared with the previous month, turnover of foreign exchange contracts dropped by NT$928.0 billion, or 4.96%, and that of interest rate contracts rose by NT$148.5 billion, or 4.30%. Over the same period, turnover of equity-linked contracts grew by NT$40.3 billion, or 20.95%, while that of credit contracts increased by NT$1.2 billion (Table 2).