Deutsche Börse launches TAIFEX data product to market data offering

Deutsche Börse announced today the launch of the new data product TAIFEX Derivatives Market Ultra in partnership with Taiwan Futures Exchange (TAIFEX). The new offering provides pre- and post-trade data on occurrence, opposed to the core product which continues to provide snapshots eight times per second. Bids, offers and traded prices are accumulated on price level for both products.

Alireza Dorfard, Head of Data Services at Deutsche Börse commented:

Alireza Dorfard

The product launch marks another milestone in the successful market data partnership between Deutsche Börse and TAIFEX. Under the partnership, which has been in place since 2016, Deutsche Börse acts as licensor of TAIFEX market data to all international clients. Clients can conveniently access data products offered by both exchanges under a single license agreement.

Chienlung Chou, Senior Executive Vice President of TAIFEX stated:

TAIFEX is pleased to offer the new Ultra product that greatly enhances the value and granularity of our data for our clients. In the future, market participants will be able to gain latest intelligence on market movements and discover trading opportunities. The new Ultra product will also greatly strengthen investors’ capabilities of deploying various trading strategies between the cash and futures markets. The partnership with Deutsche Börse has significantly strengthened TAIFEX’s global reach.

TAIFEX Derivatives Market Ultra carries data on all derivates that can be traded on TAIFEX, such as TAIFEX’s flagship products TAIEX futures, TAIEX options and Mini-TAIEX futures – three of the most successful equity index derivatives contracts in Asia.

The Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) is among the most widely followed Taiwan Stock Exchange Corporation (TWSE) indices. The data product provides bids and offers up to an order book depth 5. Pre- and post-trade information is delivered un-netted – bids, offers and prices are delivered as they appear.

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