TAIFEX to use Deutsche Börse for data distribution
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TAIFEX to use Deutsche Börse for data distribution 31 May 2016 Frankfurt Reporter: Drew Nicol
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Taiwan Futures Exchange (TAIFEX) has chosen Deutsche Börse Market Data + Services to act as licensor of its market data to international clients.
TAIFEX’s clients will be able to leverage Deutsche Börse’s licensing services in a move aimed to enhance TAIFEX’s global reach and further strengthens ties between the Taiwanese and German exchanges.
The agreement is the latest in a series of moves linking the two exchanges that began in May 2014 when daily futures on TAIFEX’s core products, TAIEX Futures and TAIEX Options, launched for trading on Deutsche Börse’s derivatives exchange, Eurex.
“Our partnership with TAIFEX gives customers access to the full range of real time, delayed and end-of-day data products offered by both exchanges under a single license agreement. This approach meets clients’ market data needs while reducing their administrative requirements and increasing overall efficiency,” said Hartmut Graf, head of data services at Deutsche Börse.
Chang-Ching Lin, senior executive vice president at TAIFEX, added: “Building on our strong performance in recent years, TAIFEX has grown into one of the key derivatives exchanges of the region. With the sophistication of the market, we keep pursuing ways to solidify our international presence.”
“This cooperation allows TAIFEX to leverage Deutsche Börse’s international channels and alliances to significantly expand our market data client base and attract foreign investors to participate in Taiwan’s market. Deutsche Börse will benefit by broadening its data services business. This will create a clear win-win situation.”
“The cooperation will make it even easier for international clients to access TAIFEX’ market data, and strengthen our future product innovation capabilities.”
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