
Taiwan Dollar Option Trade Slump Lifts Insurers' Hedging Costs
Gyrations in the Taiwanese dollar have dented appetite for trading its derivatives in offshore markets, making it costlier for the island's insurers to hedge their massive dollar assets.
Weekly derivatives transactions involving the currency slumped to the lowest since at least 2021 for this time of the year, according to one measure using data from DTCC Data Repository Singapore.
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Crypto Exchange BexBack Offers 100x Leverage, No KYC, and Up to 10 BTC Bonus for New Users
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