The Taiwan Futures Exchange (TAIFEX) announced today that it has won the Financial Derivatives Exchange of the Year at the Asian Banker (TAB) Financial Markets Awards, a landmark recognition program to benchmark institutional achievement and performance in the markets and exchanges landscape of the Asia Pacific region.
TAB Financial Markets Awards are designed to recognize excellence in those institutions that have demonstrated a superior business strategy based on strong underlying fundamentals, highlighted emerging best practices in establishing robust market structures and identified challenges in executing sound operational processes. The awards program is anchored by a panel of global leaders, with a rigorous selection process, of which involves feedback and interviews with all constituents who are in a position to comment on the candidates.
In 2014, with a total of over 202 million contracts traded on the exchange, TAIFEX hit an all-time high since its open for business. TAIFEX made concerted efforts to drive market growth, ranging from product innovation, trading mechanisms implementation and adjustment, overseas marketing campaign, to the introducing of Eurex/TAIFEX Link products.
Looking into the future, TAIFEX will continue its growing strength and propel its market into a new era in 2015 by fulfilling its hedging and price discovery functions and achieving its mandate of invigorating futures trading while serving the real economy.
