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Deutsche Börse adds granular TAIFEX data product to market data offering

Release date: 23 Mar 2020 | Deutsche Börse

Deutsche Börse adds granular TAIFEX data product to market data offering

TAIFEX Derivatives Market Ultra provides enhanced view of TAIFEX market 

Today, Deutsche Börse and Taiwan Futures Exchange (TAIFEX) launched the new data product TAIFEX Derivatives Market Ultra. It provides pre- and post-trade market data on occurrence, in contrast to the core product which continues to provide snapshots eight times per second. Bids, offers and traded prices are aggregated on price level for both products. 

“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,” says Alireza Dorfard, Head of Data Services at Deutsche Börse.

“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,” says Chienlung Chou, Senior Executive Vice President of TAIFEX.

The data product TAIFEX Derivatives Market Ultra includes data on all derivatives tradeable on TAIFEX, including TAIFEX’s flagship products TAIEX futures, TAIEX options and Mini-TAIEX futures. These are three of the most successful equity index derivatives contracts in Asia. TAIEX (the Taiwan Stock Exchange Capitalization Weighted Stock Index) is the most widely followed of all Taiwan Stock Exchange Corporation (TWSE) indices. The data product delivers bids and offers up to an order book depth 5. Pre- and post-trade information is provided un-netted, i.e. bids, offers and prices are distributed as they occur. 

More information about TAIFEX Derivatives Market Ultra can be found at www.data.services.deutsche-boerse.com.

About Deutsche Börse – Market Data + Services

In the area of data, Deutsche Börse Group is one of the world’s leading service providers for the securities industry with products and services for issuers, investors, intermediaries, and data vendors. The business unit Market Data + Services encompasses the Group’s extensive market data and index offering as well as regulatory services. 
The product and service range includes real-time and historical data from the Group’s trading venues Eurex and Xetra as well as from cooperation partners. It also spans data for the STOXX® and DAX® index families. In addition, Data Services develops advanced analytics that provide deeper insights into market microstructure.
Regulatory Services offers solutions that allow clients to cover multiple reporting and transparency obligations from one source. 

About TAIFEX

Taiwan Futures Exchange (TAIFEX), established in 1997, provides a wide range of futures and options across equities, equity indices, 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 www.taifex.com.tw.