Taipei Foreign Exchange Market September 2014
Central Bank of the Republic of China ( Taiwan )
PRESS RELEASE Release Date: October 22, 2014
Taipei Foreign Exchange Market
September 2014
Taipei foreign exchange market covers all foreign exchange transactions made by authorized foreign exchange banks and offshore banking units. After eliminating double counting arising from interbank transactions, total net trading volume in the market amounted to US$739.6 billion in September 2014. The average daily turnover was US$35.2 billion.
(USD billions ,%)
|
Transactions between banks and customers |
Interbank transactions | |||
|
Amount |
% |
|
Amount |
% |
|
187.9 |
25.4 |
With domestic banks |
165.2 |
22.3 |
|
With foreign banks |
386.5 |
52.3 | ||
|
Total |
551.7 |
74.6 | ||
(USD billions ,%)
|
NTD/foreign currency |
Third currency | ||||
|
|
Amount |
% |
|
Amount |
% |
|
NTD/USD |
277.4 |
37.5 |
USD/RMB |
121.4 |
16.4 |
|
NTD/other foreign currencies |
13.9 |
1.9 |
EUR/USD |
102.9 |
13.9 |
|
Total |
291.3 |
39.4 |
USD/YEN |
83.7 |
11.3 |
|
|
AUD/USD |
39.3 |
5.3 | ||
|
GBP/USD |
30.0 |
4.1 | |||
|
USD/other foreign currencies |
71.0 |
9.6 | |||
|
Total |
448.3 |
60.6 | |||
3.By transaction type:
(USD billions ,%)
|
Items |
Amount |
% |
|
Spot transactions |
297.7 |
40.2 |
|
Foreign exchange swaps |
293.7 |
39.7 |
|
Options |
103.9 |
14.1 |
|
Outright forwards |
39.5 |
5.3 |
|
Cross currency swaps |
3.3 |
0.5 |
|
Margin trading |
1.5 |
0.2 |
4.By trading platform:
(USD billions ,%)
|
Items |
Amount |
% |
|
Through brokers |
142.0 |
19.2 |
|
Direct dealing |
597.6 |
80.8 |
In addition to the above-mentioned foreign exchange transactions, other derivative products were also offered by banks. In September 2014, the turnovers of interest rate swaps and commodity price swaps ＆ options were US$3.9 billion and US$0.5 billion, respectively.