By: Ko Lin, Taiwan News, Staff Writer
Despite the volatility of the global financial market last year, the demand for futures exchange continues to remain high, according to the Taiwan Futures Exchange (TAIFEX) on Monday.
Thanks to the introduction of several new products and mechanisms, the trading volume at TAIFEX ended 2015 with a total of 264,490,000 contracts, an all-time high since its initial establishment, including the first-ever attempt to exceed the 1 million benchmark in average daily trading volume.
“The launch of RMB FX Futures, Tokyo Stock Price Index (TOPIX) Futures, ETF Options, and the extension of trading hours on ETF Futures to 4:15 p.m. facilitated investors’ trading strategy and risk management,” TAIFEX Chairman Liu Len-yu said. [FULL STORY]