Yuanta and Uni-President fined for 'misleading' Taiwan ETF adverts
August 21, 2024--Other big names to be ejected from the MSCI indices include Beiqi Foton Motor, Ganfeng Lithium Group and GF Securities |
Taiwan's Financial Supervisory Commission has fined Yuanta Funds and Uni-President Asset Management for using unsuitable advertising in the promotion of their high-dividend exchange traded funds, which broke fundraising records earlier this year. Yuanta Funds, Taiwan's largest local ETF issuer, has been fined NT$900,000 ($27,864) for the inappropriate advertisement of its Yuanta Funds' Taiwan Value High Dividend ETF, according to an announcement from the FSC's Securities and Futures Bureau.view more |
Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange July 2, 2025-The Australian Securities Exchange (ASX), the Tokyo Stock Exchange, Inc. (TSE), and Fujitsu Limited on June 2, 2025 signed MOU to develop a SaaS-based Request for Quote (RFQ) platform. Fujitsu will develop the platform based on "CONNEQTOR, " an RFQ platform for the ETF market developed by TSE and Fujitsu, and provide it to ASX. |