CSFB launches Taiwan broking business
08 Mar 2005, Jill Wong, Risk magazine
Alexander Lin, managing director and head of equity derivatives trading at CSFB, says: “This business plays an important role in CSFB’s equity derivatives strategy in the Pacific region. We expect the listed derivatives market in Taiwan to continue to grow rapidly as the use of these products for hedging and investment purposes becomes more widespread.”
Taifex is the fifth largest futures exchange in Asia after Korea, Shanghai, Japan and India. Taifex trades stock-related futures and options, as well as commercial paper interest rate futures and bond futures.