Electronic trading major Interactive Brokers (NASDAQ:IBKR) today announced access to the Taiwan Stock Exchange, letting clients invest in the Taiwanese market without maintaining a relationship with a separate regional broker.
Eligible clients of Interactive Brokers globally can now trade Taiwanese stocks, ETFs and TDRs alongside global stocks, options, futures, currencies, bonds, funds and more from a single unified platform.
Individual and institutional investors from over 200 countries and territories can take advantage of Interactive Brokers’ extensive product offering, superior pricing, and powerful 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.
“Access to the Taiwan Stock Exchange strengthens Interactive Brokers’ presence in Asian markets and enhances the company’s global footprint,” said David Friedland, Head of APAC at Interactive Brokers. “Extending our global reach underscores our dedication to providing experienced traders and institutional investors unparalleled market access worldwide.”
Commissions on Taiwanese stocks are 0.03 – 0.08% of trade value plus third-party fees for tiered pricing, depending on monthly volume.
Earlier this year, Interactive Brokers added Nasdaq Copenhagen and Prague Stock Exchange.
