SGX welcomes Fubon Futures as trading member in derivatives market
It’s one of the leading broking firms in Taiwan.
SGX now has a total number of 49 trading members and 27 clearing members.
According to a recent announcement, Taiwan-based Fubon Futures Co., Ltd (Fubon Futures) is the newest trading member in SGX’s derivatives market. Fubon Futures, a wholly-owned subsidiary of Fubon Securities, is one of the leading broking firms that provides professional brokerage and clearing services in Taiwan.
Chew Sutat, head of sales and clients at SGX says, “With its new role, Fubon Futures will be better placed to serve customers seeking access to Asia. In addition, more customers in Taiwan can draw on SGX’s comprehensive suite of derivatives products to help them better manage their risks. We look forward to Fubon Futures’ support in enhancing distribution of our derivatives offerings in Taiwan and the region.”
Yang June-Hong, chairman of Fubon Futures Corp., adds, “This important development further strengthens our listed derivatives offerings and enables us to provide our institutional investors and retail clients with integrated derivatives solutions and services. This is a significant breakthrough in our growth strategy in Taiwan and Asia.”