The Chicago Board Options Exchange (CBOE) and the Taiwan Futures Exchange (TAIFEX) have signed a Memorandum of Understanding (MOU), which lays the foundation for the sharing of information for the potential development of options and other derivatives products.
“We are very excited to have the opportunity to share our options trading experience with the Taiwan Futures Exchange,” says CBOE Chairman and CEO William J. Brodsky. “Options can be used to reduce or manage risk, and can be an important tool as Asian markets grow and mature,”
TAIFEX Chairman Andy Yeh adds: “Through ongoing communication, the sharing of information and resources, and cooperation with each other in areas of common interest, the partnership shall greatly contribute to the bright future of both exchanges.”