Taifex adds sterling and Aussie futures
The GBP/USD contracts will trade in sizes of 20,000 and the AUD/USD futures in clips of 25,000
Taiwan Futures Exchange launched two new FX futures contracts, GBP/USD and AUD/USD, on January 22, expanding its foreign exchange product line.
Taifex also rolled out a new “dynamic price-banding mechanism” for Taifex futures and Mini-Taifex futures, including spot month contracts, next calendar-month orders and calendar spread orders. This is to enhance the stability of market prices in a bid to bring local trading conditions more in line with global markets.
“With Taiwan being one of the
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