Fimat has opened an 11-person brokerage operation in Taiwan
following record volumes and continued deregulation at Taiwan
Futures Exchange (Taifex).
Fimat's Taiwan operation will execute and clear futures and
options for both global institutions seeking access to the
Taiwan market and local FCMs wishing to access its global
The firm joined CSFB and JPMorgan in opening futures
brokerages over the past year. Man Financial and Refco,
through an equity stake in Polaris Refco Futures, have had a
presence in the country for several years.
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