Overview of Taiwan Futures Market. 2 Overview of Taiwan Futures Market ─ Milestones 1997.09 Establishment of Taiwan Futures Exchange 1998.07 Listing of.

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Presentation transcript:

Overview of Taiwan Futures Market

2 Overview of Taiwan Futures Market ─ Milestones Establishment of Taiwan Futures Exchange Listing of TAIEX Futures Listing of TAIEX Options Listing of Single Stock Option (5 stocks) Listing of 10-Year Government Bond Futures Awarded “Best of the Exchange” by Asia Risk Magazine Listing of Electronic Sector and Finance Sector Index Options Listing of Gold Futures, MSCI Taiwan Index SM Futures and Options

3 Current Products of TAIFEX-14 Products Source: TAIFEX * Newly launched on March 27, 2006

4 Overview of Taiwan Futures Market ─ Market Participants Source: TAIFEX Number of FCM: 155 Number of Clearing Members: 34

5 Overview of Taiwan Futures Market ─ Trading Volume Source: TAIFEX

6 Current Products of TAIFEX ─ 2005 Trading Volume Profile Source: TAIFEX * Launched on March 28, 2005

7 Overview of Taiwan Futures Market ─ Market Participants Source: TAIFEX * In terms of annual trading volume

8 Source : FIA Overview of Taiwan Futures Market ─ Global Rank Market TurnoverWorld Rank Growth Rate Ave Daily Trading Vol Growth Rate of Avg. Daily Trading Volume , , ,077, %4, % 20001,926, %7, % 20014,351, %19, % 20027,944, %32, % ,874, %128, % ,146, %237, % ,659, %376, % TXO:3rd largest TXO: The World’s 3rd largest Stock Index Options Product by Trading Volume (2005)

9 Overview of Taiwan Futures Market ─ International Cooperation Cooperative Exchanges-with MOU Agreements 2002 : Korea Exchange ( KRX ) 2003 : Tokyo International Financial Futures Exchange ( TIFFE ) Chicago Board of Trade ( CBOT ) 2004:New York Mercantile Exchange ( NYMEX ) 2005 : National Stock Exchange of India ( NSE )

10 Overview of Taiwan Futures Market ─ International Cooperation International Futures Organizations 1999 : Futures Industry Association ( FIA ) 2000 : International Options Markets Association ( IOMA ) 2002 : Swiss Futures and Options Association ( SFOA ) World Federation of Exchanges ( WFE ) Cooperation in Product Development (Benchmark providers) 2003: FTSE-Taiwan 50 Stock Index Futures 2006 : London Gold Market Fixing Ltd.-Gold Futures Morgan Stanley Capital International (MSCI)-MSCI Taiwan Index Futures and Options