Taiwan Stock Exchange Creates TIP Subsidiary for Index Products
Posted: Thu Mar 17, 2016 10:25 am
The Taiwan Stock Exchange (TWSE) has today announced a new wholly-owned subsidiary named Taiwan Index Plus Corporation (TIP) that it has created in order to cater to the needs of index related product creation and structuring, and which will handle the the maintenance and promotion of existing related index products.
As part of the new subsidiary’s role, TIP will overtake the responsibilities for index development, maintenance, licensing and marketing within both Taiwan and internationally, as the exchange looks to grow out that business through the new entity.
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“Having one company dedicated to index services will increase the competitiveness of the Taiwan market in terms ... (read more)