TWSE stresses cooperation with other exchanges

Taipei Times
Date: Jul 25, 2015
By: Ted Chen  /  Staff reporter

The nation’s main stock exchange will seek to improve the local capital market by collaborating with its Asian counterparts, a Taiwan Stock Exchange (TWSE, 台灣證券交易所) executive said yesterday.

“Taiwan’s annual capital outflow is estimated at about NT$2 trillion [US$63 billion] annually,” TWSE president Michael Lin (林火燈) said at a press conference after the Asian Exchange Forum in Taipei.

Representatives from 10 Asian countries’ stock exchanges — including Japan, South Korea, China, Vietnam, Indonesia and Singapore — attended the forum, which was organized by the TWSE.     [FULL  STORY]

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