Taiwan Futures Exchange Wins The Asian Banker âFinancial Derivatives Exchange Of The Yearâ Award For The Second Consecutive Year - TAIFEX Continues To Earn Global Recognition For Record Trading Volumes And New Trading Products

The Taiwan Futures Exchange (TAIFEX) was today named the winner of the ‘Financial Derivatives Exchange of the Year’ award at the Asian Banker Financial Markets Awards 2016 held today in Hanoi, Vietnam. It is the second year in a row that TAIFEX has been bestowed this prestigious award.

The award is the latest in a series of global recognitions for TAIFEX. In 2015, the Eurex/TAIFEX Link – TAIFEX’ international cooperation project with Eurex Exchange – was named “Most Innovative New Contract – Equities” at the Futures and Options World (FOW) Awards for Asia 2015.

The ‘Financial Derivative Exchange of the Year’ award is highly recognized among financial services practitioners and professionals in Asia. The winner is selected by a specialized panel of experts who judge each candidate exchange’s overall performance in 2015, including the level of leadership shown by its management team, financial performance, volume growth, liquidity, the efficiency and capacity of its execution system and new product offerings – all areas in which TAIFEX has excelled.

TAIFEX demonstrated outstanding performance again in 2015. In product development, TAIFEX launched its first currency contract－RMB FX Futures. And, Taiwan’s first foreign equity index product－the TOPIX Futures, were introduced as a result of the collaboration with Japan Exchange Group. As well, TAIFEX listed 7 ETF Options to provide investors with more flexibility in trading strategies. Regarding new measures, TAIFEX extended the trading hours of ETF Futures and Options linked to China stock indices to 4:15pm. To sum up, trading volumes on TAIFEX reached an all-time record in 2015, once again surpassing the 200 million contracts benchmark, and up 30.67% from 2014.

Looking ahead, TAIFEX will continue to meet the needs of market participants and boost the competitiveness of the Taiwan futures market through the provision of hedging and price discovery services, by accelerating the pace of international cooperation and by stimulating futures trading, while serving the needs of the real economy.