Taipei 2 May 2013 – NYSE Liffe, the European based global derivatives division of NYSE Euronext, is pleased to announce that it has doubled its Asian membership within the last six months and today welcomes KGI Futures Co. Ltd, a leading futures brokerage in Taiwan, as a member of the Exchange’s London and Paris markets.
NYSE Liffe doubles Asian membership and welcomes KGI Futures as its newest member
Since NYSE Liffe opened its third Asian office in Hong Kong 18 months ago, the Exchange has continued to build momentum and has doubled its regional membership to 14 over the last six months. Furthermore, five of the new members, including KGI Futures, joined NYSE Liffe this year.
Through KGI Futures’ membership, their customers will be able to access the Exchange’s European derivatives contracts and NYSE Euronext’s market leading technology services, such as colocation and order routing delivered via the Secure Financial Transaction Infrastructure (SFTI®).
“With offices in Hong Kong, Singapore and Tokyo, our regional presence has enabled our teams to proactively engage the Asian market on the credentials of our innovative European products and competitive technology infrastructures. The doubling of our regional membership is a major milestone for the Exchange and we will continue to work with leading Asian market participants to cement our regional presence,” said Mr. Lee Hodgkinson, Senior Vice President, Head of Sales & Client Coverage EMEA and APAC at NYSE Euronext. “We are delighted that KGI Futures, a significant player within the Taiwanese market, has joined as our fourteenth Asian member; and we welcome them and their customers to our liquid and global derivatives trading community.”
Mr. James Chen, Managing Director, KGI Futures, said: “As a member of NYSE Liffe, we now have a platform to expand our futures business into Europe and access SFTI®, NYSE Euronext’s secure, high performance and low latency global network. We are delighted to be a member of NYSE Liffe and we look forward to enhancing our footprint within the capital markets.”
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.
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About KGI Futures
KGI Futures was one of the premier futures companies in Taiwan, which was founded on May 1994 by the major stockholder KGI Securities. KGI Futures’ broker business covers listed derivatives products across domestic/international asset classes including commodities, indexes, treasuries and currencies (12 countries, 30 futures exchanges and 368 products). In addition, the business also covers settlement(TAIFEX), proprietary trading, futures consulting, Commodity Trading Advisor (CTA) and Auxiliary Futures Trading Services. KGI Futures' headquarters is in Taipei, with other branches located in Taipei, Hsinchu, Taichung and Koahsiung. Considering the other 88 IB branches in the same group, KGI Futures' branches are ranked second in the Taiwanese futures market.