Deutsche Börse's market data and services business and the Taiwan Futures Exchange (Taifex) have signed a market data partnership agreement in which the Deutsche Börse will license Taifex market data and international clients.
Hartmut Graf, head of data services at Deutsche Börse, said in a statement that Taifex clients will have access to all real-time, delayed and end-of-day data products offered by both exchanges under a single license agreement.
The Taiwanese and German exchanges have been working together since May 2014 when daily futures on Taifex futures and options launched for trading on Deutsche Börse's derivatives exchange Eurex.
"This cooperation allows Taifex to leverage Deutsche Börse's international channels and alliances to significantly expand our market data client base and attract foreign investors to participate in Taiwan's market. Deutsche Börse will benefit by broadening its data services business. This will create a clear win-win situation." said Chang-Ching Lin, senior executive vice president for Taifex, in a statement. "The cooperation will make it even easier for international clients to access Taifex' market data, and strengthen our future product innovation capabilities."
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails