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TAIFEX Launches Mini Finance Futures

12-10-2021 11:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Taiwan Futures Exchnage

/ PR Agency: Think Alliance Group
The Taiwan Futures Exchange (TAIFEX) has launched Mini Finance Sector Futures (ZFF) on 6 December 2021, in an effort to strengthen its small-sized product line-up, as well as adapting to surging demand from retail investors for managing their risk exposure in Taiwan’s finance industry.

Comprised of major banks, insurance and securities companies in Taiwan’s stock market, the financial sector is second only to Taiwan’s globally-critical electronics industry in terms of market capitalization. TAIFEX’s listing of Mini Finance Sector Futures not only responds to the necessity of more risk management tools for the sector, it also answers to growing needs from young retail investors whom have continued to show significant interests in financial stocks in recent dynamics of retail investing.

Complementing TAIFEX’s larger Finance Sector Index Futures (TF) contract and one-fourth of its size, the value of the new ZFF contract is around USD 15,000 (NTD 400,000) at current index level. TAIFEX’s Mini Finance Sector Futures is designed to enable a range of market participants - from institutions to sophisticated and active retail investors – to more precisely execute their trading strategies, while retaining the features and benefits of the Exchange’s larger-sized TF contract.

TAIFEX's mini futures contracts, including its most heavily-traded index futures - Mini-TAIEX Futures (MTX), and the recently launched Mini Electronics Sector Futures (ZEF), have shown increasing trading momentum. The Exchange’s expanding mini futures universe further opens up opportunities for investors to trade across various underlying industries and to undertake various trading strategies with greater flexibility.

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Taiwan Futures Exchange (TAIFEX), established in 1997, provides a wide range of futures and options products in equity indices, equities, FX and commodities. TAIFEX has continuously enhanced its technology and services in trading, clearing and settlement to ensure a fair and orderly marketplace. With a vision to be a world-class exchange befitting the fast-evolving marketplace, TAIFEX is poised to extend its global reach and stands as a primary derivatives exchange in Asia. For further details, please visit TAIFEX website at www.taifex.com.tw.

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