J.P. Morgan wins Taifex settlement mandate
J.P. Morgan's treasury services team expands into Taiwan futures and options settlement.
J.P. Morgan is set to start providing settlement services for futures and options transactions in Taiwan after winning approval from the local futures exchange Taifex.
Through J.P. Morgan's secure host-to-host platform, users will be able to process settlements for Taifex's range of futures and options contracts, which cover Taiwan's major stock indices, government bonds, equities, interest rates and commodities.
This agreement also represents an important step for our expansion plans in Taiwan, says Simon Jones, Asia-Pacific head of J.P. Morgan's...
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