Friday October 7 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.twse.com.tw/en/about/press_room/tsec_news_detail.php?id=19705
The Taiwan Stock Exchange (TWSE) and the Korea Exchange (KRX) have announced the cross listing of ETFs tracking the benchmark indices of both markets. The move further expands the growing links and cooperation between the two bourses. Both ETFs will be the first index-based products to track Korean and Taiwanese securities in each market.
The listings follow the signing of a Memorandum of Understanding (MoU) between TWSE and KRX in December 2015.
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