In January, the bank's trading volume of derivative financial products was as follows: exchange rate contract equivalent to NT$14,828.2 billion, interest rate contract of RMB1,866.3 billion, equity securities contract of RMB202.6 billion, commodity contract of RMB16.9 billion and credit contract 2.6 billion yuan, a total of 16 trillion 95.6 billion yuan (Annex 1, Figure 1), an increase of 24.90% over the previous month, mainly due to the increase in exchange transactions (Schedule 2). The analysis of the transaction content is as follows:
I. Commodity types: Exchange rate contracts account for 87.57%, interest rate contracts account for 11.12%, equity securities contracts account for 1.19%, commodity contracts account for 0.10%, and credit contracts account for 0.02% (Schedule 1).
2. Transaction currency: 52.59% of transactions involving NT, transaction volume increased by 31.95% compared with the previous month; pure foreign currency transactions accounted for 47.41%, and transaction volume increased by 17.90% from the previous month (Schedule 1, Figure 2).
Third, the bank category: domestic bank transactions accounted for 65.23%; foreign and mainland banks accounted for 34.77% of the Taiwan branch transactions (Figure 2). The top five banks in terms of transaction volume are China Trust, Taipei Fubon, HSBC (Taiwan), Cathay World and Taishin Bank, which together account for 31.25% of the total transaction volume.
4. Trading changes: The volume of various transactions was compared with that of the previous month, in which the exchange rate contract increased by 3 trillion 54.5 billion yuan or 25.90%, the interest rate contract increased by 318.2 billion yuan or 20.29%, and the equity securities contract increased by 4 billion yuan or 2.00%. An increase of 7.4 billion yuan and a credit contract reduction of 3.8 billion yuan (Schedule 2).
Source: Central Bank Of the Republic Of China (Taiwan)