Interactive Brokers has opened its platform to the Taipei Exchange (TPEx), giving global investors direct access to Taiwan’s small and medium-sized enterprises.
According to the company, traders can now buy equities, ETFs, and Taiwan Depositary Receipts on TPEx while using automatic currency conversion to simplify cross-border trades. The latest addition allows clients to trade on TPEx, adding to the company’s network of over 160 global exchanges.
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Interactive Brokers Expands Market Reach
Interactive Brokers now provides access to the Taipei Exchange, joining over 160 markets worldwide on its platform. The addition allows eligible clients to trade a variety of products, including shares of emerging companies that are otherwise hard to access from outside Taiwan.
TPEx serves as a hub for Taiwan’s small and medium-sized enterprises, offering global investors a chance to diversify into high-growth sectors such as technology, creative industries, and micro-enterprises.
Commenting about the move, David Friedland, the Head of APAC for Interactive Brokers, said: “Adding TPEx reinforces our ongoing commitment to continually extending the suite of products available to our clients.”
“The Taipei Exchange is recognized as a leading exchange for small and mid-sized enterprises, giving our clients another means to identify diverse investment opportunities in a local Asian market.”
By connecting through Interactive Brokers, traders can benefit from automatic foreign exchange conversion, easing transactions between a client’s base currency and the New Taiwan Dollar.
How Investors Can Access TPEx
Existing Interactive Brokers clients can start trading TPEx products immediately using their current accounts across IBKR platforms. New clients can open an account in minutes, gaining entry to global markets spanning North America, Europe, Asia, and Australia.
It’s important to note that TPEx access via Interactive Brokers is unavailable to residents of China Mainland and Taiwan, limiting participation to international investors.
This article was written by Jared Kirui at www.financemagnates.com.BrokersRead More
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