Turnover of derivatives contracts, in notional terms, traded by banks in July 2026 totaled NT$24,165.7 billion (Table 1, Figure 1), led by foreign exchange contracts (NT$21,043.0 billion), followed by interest rate contracts (NT$2,834.1 billion), equity-linked contracts (NT$258.4 billion), commodity contracts (NT$24.0 billion), and credit contracts (NT$6.2 billion). Total turnover decreased by 7.29% from the previous month, primarily reflecting declines in interest rate swap and FX swap turnovers (Table 2). The analysis is provided as follows:

● By Risk Category

Foreign exchange contracts comprised the largest share at 87.08%, followed by interest rate contracts at 11.72%. The share of equity-linked contracts was a modest 1.07%, while those of commodity and credit contracts were 0.10% and 0.03%, respectively (Table 1).

● By Trading Currency

Contracts involving the NTD accounted for 41.69% of the total, while those between foreign currencies made up the remaining 58.31%. Turnover of contracts involving the NTD decreased by 5.60% from the previous month, while that of contracts between foreign currencies declined by 8.46% (Table 1).

● By Bank Type

Domestic banks accounted for 73.33% of the total, while local branches of foreign and Mainland Chinese banks represented 26.67%. Ranked by turnover, the top five banks, in descending order, were CTBC Bank, Bank SinoPac, Cathay United Bank, Taishin International Bank, and Standard Chartered Bank, which collectively represented 40.00% of the total.

● Changes in Turnover

Compared with the previous month, turnover of foreign exchange contracts dropped by NT$767.4 billion, or 3.52%, and that of interest rate contracts fell by NT$1,095.1 billion, or 27.87%. Over the same period, turnover of equity-linked contracts decreased by NT$37.5 billion, or 12.66%, while that of commodity contracts increased by NT$5.4 billion and that of credit contracts declined by NT$5.6 billion (Table 2).