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Singapore Exchange and Taiwan Futures Exchange sign MoU

12 December 2007  |  1768 views  |  0 Source: Singapore Exchange

Singapore Exchange Limited (SGX) and Taiwan Futures Exchange (TAIFEX) are pleased to announce that they have signed a Memorandum of Understanding (MOU) to foster a closer relationship.

Under the MOU, both exchanges will develop a platform for information exchange on the operational and regulatory framework of their respective derivatives markets. This MOU serves to enhance both exchanges' objectives to develop their respective financial markets.

Mr Andy Yeh, Chairman, TAIFEX, said, "This agreement will open up prospects for both exchanges to explore business opportunities in Asia, leading to the further advancement of our derivatives markets."

Mr Hsieh Fu Hua, CEO, SGX added, "We welcome this MOU with TAIFEX, which will benefit our respective markets."

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