Finalto sweetens offering with addition of FTSE Taiwan RIC Capped Index

abdelaziz Fathi

Trading software and liquidity services provider Finalto has added the FTSE Taiwan RIC Capped Index to its lineup of trading instruments as it aims to diversify its range of investment options.

Finalto

The FTSE Taiwan RIC Capped Index offers traders a way to tap into the dynamic Taiwanese economy by tracking the performance of top Taiwanese companies. The index is designed with a capping mechanism to ensure a balanced representation of various sectors, making it an appealing option for investors seeking exposure to Taiwan’s economic momentum.

Finalto Dealer David Corben states, “We are thrilled to present the FTSE Taiwan RIC Capped Index to our community of brokers and, by extension, the many traders within their ecosystems. Taiwan’s market is often viewed as an innovation powerhouse, especially in the semiconductor and electronics sectors. This index empowers traders to capitalize on the growth prospects of this exciting Asian market.” He further remarks, “For traders seeking geographic diversification, this may prove to be an invaluable tool.”

The FTSE Taiwan RIC Capped Index tracks the performance of Taiwan’s large and mid-cap stocks. These securities are assigned weights based on their free float-adjusted market capitalization and undergo semi-annual reviews for adjustments. To ensure diversification and prevent excessive concentration in any single security, the index imposes caps on constituents’ weights. Specifically, no more than 20% of the index’s total weight can be allocated to a single constituent, and the combined weights of all constituents representing over 4.5% of the index cannot exceed 48% of the total index weight.

The methodology behind the FTSE Taiwan RIC Capped Index is derived from the FTSE Global Equity Index Series (GEIS), which covers approximately 99% of the world’s investable market capitalization. The index’s design and criteria aim to offer investors a balanced and comprehensive representation of Taiwan’s equity market while also mitigating potential concentration risks.

Finalto’s advanced technology enables brokers and traders to access real-time market data, sophisticated analysis tools, and quick trade execution when dealing with the FTSE Taiwan RIC Capped Index. This move is part of Finalto’s ongoing efforts to offer traders a diverse range of trading instruments, following the recent addition of the Russell 2000 Index.

 Finalto boasts a wide range of services and solutions to create the perfect technology proposition for a brokerage business. That includes a complete end-to-end solution consisting of front-end platforms, back-office administration, risk management tools, pricing tools and enhanced connectivity.

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