Deutsche Borse and Taiwan Futures Exchange enter into market data partnership
“Our partnership with TAIFEX gives customers access to the full range of real-time, delayed and end-of-day data products offered by both exchanges under a single license agreement. This approach meets clients’ market data needs while reducing their administrative requirements and increasing overall efficiency,” said Hartmut Graf, Head of Data Services at Deutsche Börse.
“Building on our strong performance in recent years, TAIFEX has grown into one of the key derivatives exchanges of the region. With the sophistication of the market, we keep pursuing ways to solidify our international presence. 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, Taiwan Futures Exchange. “The cooperation will make it even easier for international clients to access TAIFEX’ market data, and strengthen our future product innovation capabilities.”
The market data partnership agreement is expected to enhance TAIFEX’ global reach and further strengthens the alliance between the Taiwanese and German exchanges which was first formed in May 2014 when daily futures on TAIFEX’ core products, TAIEX Futures and TAIEX Options, launched for trading on Deutsche Börse’s derivatives exchange Eurex.