Tuesday, May 8, 2007

Taiwan's Stock Exchange Seeks Merger With Futures Market, Smaller Bourses

(Bloomberg) -- The Taiwan Stock Exchange plans to merge with the island's smaller bourse and futures market, creating a ``one-stop service'' in an attempt to draw overseas investors and stem an outflow of companies.

``The integration of those markets is very urgent,'' Chairman Gordon Chen said in an interview in Taipei. The exchange has to provide a ``one-stop service for investors to improve efficiency and lower costs,'' Chen said.


Read more at Bloomberg Emerging Markets News

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