The exchange took home several big international awards in 2017
By: Sophia Yang, Taiwan News, Staff Reporter
TAIPEI (Taiwan News) – The Taiwan Futures Exchange (TAIFEX) wrapped up 2017 with exceptional international awards and another record-breaking trading volume of futures contracts, which exceeded 265 million contracts in 2017 alone.
The exchange took home the “Global Exchange of the Year” at FOW in December 2017, becoming the first regional market to scoop the award after years of impressive growth and innovation, including the launch of the world’s first offshore RMB options, two RMB futures contracts (USD/CNT and USD/CNH FX futures), Nifty futures and Taiwanese dollar denominated S&P and DJIA futures, and an after-hours trading session to boost capacity and cut latency.
TAIFEX overtook Hong Kong, Singapore, Japan and other major regional exchanges in the Asia-Pacific region at the first run, and then saw off its prestigious counterparts in Europe and America, including European Energy Exchange and Chicago Mercantile Exchange, to clinch the top award. It is said to be the first regional exchange to make it this far. [FULL STORY]