TIFFE and TAIFEX will exchange information about listing of new products, changes of contract specifications and trading methods.
Moreover, TIFFE and TAIFEX will have an opportunity to hold discussion for the development of cooperation such as study of new products.
Mr. Jiro Saito, the Chairman and Chief Executive of TIFFE, comments, "It is very significant for TIFFE to sign this MOU with TAIFEX, as both exchanges list financial futures. We expect to further strengthen the cooperation between TIFFE and TAIFEX, and to make efforts to enhance market development of both exchanges."
Mr. Richard Shih, the Chairman of TAIFEX, comments, "The two Exchanges retain different market structure and development experience. TAIFEX has been focusing on equity related products and striving for establishing volume peak. TIFFE has profound know-how in the interest rate market, abundance of experience in cross-border cooperation and technology migration. As TAIFEX is expanding our product lines into interest rate futures and strengthening ties with overseas exchanges, TIFFE's experience in all these areas are worth referring. I am sure that our two exchanges could benefit each other based on our respective strengths."
