Deutsche Börse and the Taiwanese GreTai Securities Market (GTSM) signed a Memorandum of Understanding (MoU) that reflects an agreement by both parties to exchange information in order to facilitate the further development of both financial markets.
In accordance with the MoU, the two partners are to share knowledge and information on various business areas and regulatory developments and to assess potentials for cooperation in trading and listing.
“We are very pleased to have signed this agreement with GreTai and look forward to deepening our relationship with Taiwan’s securities market. This is another step towards expanding our activities in Asia,” said Andreas Preuss, Deputy CEO Deutsche Börse and CEO of Eurex, the derivatives arm of Deutsche Börse.
Gordon Shuh Chen, Chairman of GTSM, said, “The GreTai Securities Market is keen in seeking growth opportunities by joining the international networks and building cooperative relationships with exchanges as well. While continuing our efforts to deliver transparent, secure and efficient trading services, we are pursuing opportunities for learning and cooperation with Deutsche Börse.
The GTSM would like to explore diversity and innovation of services and products and trading momentum that would mutually benefit both markets.”