INTERNATIONAL: TAIFEX Re-Grants CFTC’s Commission Certification for TX and MTX

Tuesday October 25 2022

On 25^th October 2022, the Taiwan Futures Exchange’s (TAIFEX) announced that TAIEX Futures (TX) and Mini-TAIEX Futures (MTX) contracts received Commission Certification from the U.S. Commodity Futures Trading Commission (CFTC) on October 24^th and can be offered and sold to U.S. persons. 

TX and MTX, based on the most representative equity index in Taiwan – the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX), are TAIFEX’s flagship products and ranked 8th and 3rd, respectively, among equity index futures in Asia in 2021, according to Fiscal Information Agency (FIA’s) statistics. The two contracts have also been actively traded by foreign investors, reaching around 40% of their respective trading volume from January to September this year. With the Commission Certification, U.S. participants through eligible brokers can now trade these two actively growing derivatives contracts in the Asia-Pacific region. 

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