Two Mega International ETFs debut on TWSE

Taipei Times
Date: Apr 02, 2017
By: Staff writer, with CNA

Two exchange-traded funds (ETFs) tracking 30 blue-chip stocks were on Friday traded heavily on their first day on the market, indicating growing interest in the investment vehicle, the Taiwan Stock Exchange (TWSE) said.

More than 10 million units of both the Mega Taiwan Blue Chip 30 ETF and the Mega Taiwan Blue Chip 30 Daily Inverse ETF issued by Mega International Investment Trust Co (兆豐國際投信) were traded in just the first hour after the market opened at 9am on Friday, the TWSE said.

By the end of the trading session at 1:30pm, 28.9 million units of the Mega Taiwan Blue Chip 30 ETF and 17.58 million units of the Mega Taiwan Blue Chip 30 Daily Inverse ETF had been traded, it added.    [FULL  STORY]

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