London, Paris, Taipei: 11 June 2012 – NYSE Liffe, the European based global derivatives division of NYSE Euronext, today announced that Yuanta Futures, the leading futures brokerage in Taiwan, has become a member of NYSE Liffe’s London and Paris markets.
NYSE Liffe welcomes Yuanta Futures as a new member
The availability of NYSE Liffe’s liquid European futures and options contracts will increase the access of Yuanta Futures’ customers to the capital markets. Also, customers of Yuanta Futures will have the option of accessing the exchange's market leading technology services, such as colocation or order routing, through the broker.
“To support capital market efficiency, NYSE Liffe is dedicated to enhancing the trading opportunities of its customers by offering innovative products and solutions and attracting new members from diverse markets,” said Alan van Griethuysen, Executive Director and Country Head, Benelux and Asia. “Yuanta Futures is a market leader in Taiwan and it is the exchange’s second Taiwanese member. We are committed to growing our footprint in Asia and we are delighted to welcome Yuanta Futures and their customers to our global trading community.”
“As a part of our initiative to become a leading regional broker, we have recently obtained licenses to operate in Hong Kong. We have also joined NYSE Euronext’s derivatives trading community – which is the 10th international exchange we have become a member of,” said Ted Ho, Chairman, Yuanta Futures. “This latest membership illustrates that we are committed to being active participants in the global markets by providing outstanding brokerage services and more trading opportunities to our clients.”
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets — the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca — represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2007 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
About Yuanta Futures
Established in 1997, Yuanta Futures is a market-leader and innovator in the Taiwanese futures market. Yuanta Futures has more than 30 partnerships with international exchanges; and it offers internet services and solutions through more than 255 distributor offices and strategic partner sites in Taiwan. Yuanta Futures was the first Taiwanese brokerage to become a listed company in 2007. Yuanta Futures has since led the Taiwan futures market with an average EPS of NT$2.5, and a 20% or more ROE ratio over this time. On April 1, 2012, Yuanta Futures merged with Polaris Futures and become the biggest FCM in Taiwan with USD200M net capital.