TWSE to diversify product portfolio, aims at higher turnover

Focus Taiwan
Date: 2016/07/14
By: Tien Yu-pin and Frances Huang

Taipei, July 14 (CNA) The Taiwan Stock Exchange (TWSE) has been gearing up to diversify its product portfolio in a bid to attract more investments and eventually boost daily turnover in the local equity market.

The TWSE, which operates the local main board, said that a wider range of securities products is expected to meet different needs from various investors, including foreign institutional investors, and prompt them to pour more funds into local equities.

The local equity market has long suffered a fall in daily trading volume with many major investors staying away from the trading floor.

A “major player” is defined in Taiwan as an investor who trades at least NT$500 million (US$15.63 million) in shares in a single quarter. Their numbers are an important indicator of investor confidence in the country’s capital markets.     [FULL  STORY]