Taiwan Futures Exchange Eyes Higher Volumes after SEC Relief

[kreslik.news]

The Taiwan Futures Exchange (TAIFEX) just announced that it has successfully received relief from the United States (US) Securities and Exchange Commission (SEC) with regard to its Index, Equity and ETF Options on its flagship TAIEX Options (TXO), and newly listed ETF options contracts. TXO is the fifth most traded equity index option contract globally, and TAIFEX said that the contact had 784,000 in daily average volume during 2015. 

The relief provides the ability for the products to be marketed through eligible registered broker-dealers and institutions in the US, and aimed at enhancing the exchanges global offering, including foreign participation ... (read more)