Yuanta market-making helps lift Taiwan ETF volumes

Clients report rise in ETF liquidity and tightened bid/offer spreads

Alex Huang
Alex Huang, Yuanta Securities

An unexpected reversal of the renminbi's appreciation against the US dollar earlier this year saw a number of Taiwan corporates experience significant losses from target redemption forward contracts. As a result, several established banks in Taiwan were punished by the Financial Supervisory Commission for selling inappropriate foreign exchange structures. In contrast, Taipei-based Yuanta Securities' equity derivative focus meant it sidestepped regulatory censure and could instead focus on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here