Calyon Financial has become the second international FCM to take direct clearing membership of Taiwan Futures Exchange (Taifex), joining prior entrant JPMorgan in predicting increased interest in the market from overseas participants.
Angelique Murphy, Calyon SVP and head of global sales management, told FO Week, "Taifex is already a top 20 market, and it's located in an extremely important and growing area of the world. We expect it will become an important market for both...