21 August 2019

Eurex cleared for 5% stake in Taiwan futures bourse, paper says

German derivatives exchange Eurex has been cleared by Taiwan authorities to buy a 5 percent stake in Taiwan Futures Exchange (TAIFEX) for about NT$1.38 billion (US$45.2 million), Economic Daily News reported Wednesday. The two exchanges formed an alliance in December last year, and TAIFEX has said it is exploring the possibility of taking some stake in Eurex. Taiwan Index futures contracts and Index Option contracts will begin trading at Eurex from May 15, the report said.

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