Taiwan allows local banks to access offshore NDF market

Latest relaxation of Taiwan's financial regulations gives local banks access to massive market

Taipei, Taiwan

Taiwan's authorities recently reopened non-deliverable forwards (NDFs) trading for overseas branches of Taiwanese banks, with the aim of giving local firms a chance to break into a market that has a notional value of hundreds of billions of dollars and is entirely serviced by foreign banks.

The Taiwan dollar NDF market opened in 1995, but the country's regulator closed it down in 1998, claiming it was partly responsible for the falling value of the currency during the Asian financial crisis.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: