Tokyo Financial Exchange Inc., or TFX, will start offering foreign exchange trading in Taiwan in a bid to attract retail investors abroad, The Nikkei reported Oct. 4.
The Japanese bourse plans to launch a Taiwanese version of its forex margin trading platform Click365 in as early as 2018. It also plans to expand to Hong Kong, and has obtained marketing approval from financial authorities in both jurisdictions, the report added.
The exchange will allow foreign investors access to currency margin trading by pairing Japanese forex service providers active on Click365 with local brokerages.
The Taiwanese platform will feature currencies including the U.S. dollar, the euro, the British pound and the yen.