Interactive Brokers launches Taiwan stocks, ETFs, and TDRs

Rick Steves

“Access to the Taiwan Stock Exchange strengthens Interactive Brokers’ presence in Asian markets and enhances the company’s global footprint. Extending our global reach underscores our dedication to providing experienced traders and institutional investors unparalleled market access worldwide.”

Interactive Brokers has launched access to the Taiwan Stock Exchange for eligible clients globally, who will now be able to trade Taiwanese stocks, ETFs, and TDRs alongside global stocks, options, futures, currencies, bonds, and funds, from a single unified platform.

IBKR clients who wish to invest in the Taiwanese market no longer have to maintain a relationship with a separate regional broker, the company explained.

IBKR strengthens presence in Asian markets

David Friedland, Head of APAC at Interactive Brokers, said: “Access to the Taiwan Stock Exchange strengthens Interactive Brokers’ presence in Asian markets and enhances the company’s global footprint. Extending our global reach underscores our dedication to providing experienced traders and institutional investors unparalleled market access worldwide.”

Individual and institutional investors from over 200 countries and territories can take advantage of Interactive Brokers’ product offering, pricing, and technology.

Access to the Taiwan Stock Exchange specifically benefits investment managers with Asia-focused strategies and knowledgeable retail investors interested in exposure to its emerging sectors, such as energy storage and pharmaceuticals, in addition to their already well-known semiconductor industry.

Listings in Taiwan are also of interest to long-term investors as the Taiwan Stock Exchange offers stocks with high dividend yields. Investors can fund and trade accounts in up to 26 currencies to invest in over 150 markets worldwide.

Trading costs on Taiwanese stocks via Interactive Brokers include commissions ranging between 0.03 – 0.08% of trade value plus third-party fees for tiered pricing, depending on monthly volume.

The global fintech industry has been doubling down on Taiwan in recent months. Eventus entered the island to provide market surveillance for Yuanta Futures, Finalto expanded its NDF line-up with the addition of the Taiwanese Dollar, Options Technology launched low-latency connectivity to Taiwan, and Scope Markets returned to China, including Taiwan.

Taiwan gets further attention

Earlier this year, Taiwan-based Sinopac Securities selected Interactive Brokers as its primary international broker in order to allow its institutional and retail clients to trade US stocks, ETFs, and Fixed Income instruments while also accessing over 90 stock markets worldwide through IBKR.

Sinopac Securities is a subsidiary of the Sinopac banking holding company which operates through 22 divisions as well as 125 branches in Taiwan and 3 international branches in Shanghai, Guangzhou, and Chengdu.

Taiwanese investors now benefit from Interactive Brokers’ trading platforms and offerings, including the ability to trade fractional shares of eligible US and European stocks as well as ETFs. IBKR can accommodate over 100 order types, including algorithmic trading, which is currently unavailable through other brokers in Taiwan.

Clients can trade select US ETFs 23½ hours a day, five days a week through Overnight Trading Hours on the IBKR Eos ATS, also known as IBEOS. Overnight Trading Hours means that investors across Asia can access US Equity Markets during their trading day and respond to market-moving news at almost any time.

IBKR’s Prime Broker services expand into APAC

Interactive Brokers’ Prime Broker services helps IBs manage their businesses with efficiency and serve their clients at lower operational, brokerage, and clearing costs while gaining electronic market access worldwide with the company’s professional, white-branded trading technology.

Interactive Brokers’ turnkey solution covers trading, clearing, reporting, and billing and provides the following advantages:

  • Support for global regulatory reporting
  • Account funding and trading in up to 26 currencies
  • Access to stocks, options, futures, currencies, bonds, and funds in over 150 markets from a single unified platform
  • No ticket charges, no minimums, and no technology, software, platform, or reporting fees
  • Free client relationship management tools

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