Taiwan Commodity Exchange (www.twcx.org) today announced that TWCX Clearing has been named the the best Clearing Solutions of the Year in Asian Commodity Trader Magazine's annual Commodity Trader Awards.
April 30, 2014 (Newswire.com) - Taiwan Commodity Exchange (www.twcx.org) today announced that TWCX Clearing has been named the the best Clearing Solutions of the Year in Asian Commodity Trader Magazine's annual Commodity Trader Awards.
The annual awards recognize excellence in commodity trading and risk management and derivatives markets across 20 categories.
"We are honored to be named Asian Commodity Trader Magazine's Clearing Solutions of the Year for our OTC clearing services, particularly as the award is largely based on customer feedback," said Kim Tai Cheng, President, TWCX Clearing. "This award validates our global team's efforts to develop the most efficient OTC clearing solution available. We look forward to continuing to enhance and improve our offering through new products, expanded collateral programs and even further efficiencies to meet customer needs."
The applications were evaluated by a panel of Asian Commodity Trader Magazine senior editors and writers. The criteria included commodity trading and risk management, adapting to regulatory change, customer service, liquidity provision and pre- and post-sales service.
TWCX Clearing was previously awarded Clearing Solutions of the Year Americas by Futures & Options Universe and Clearing Solutions of the Year by Derivatives 101.
TWCX Clearing provides OTC clearing services for secure, flexible, real-time solutions in Commodities, Futures, Interest Rate Swaps, Credit Default Swaps, FX and Options. The offering delivers unparalleled capital efficiencies, with portfolio margining savings up to 90 percent of margin.
Taiwan Commodity Exchange (www.twcx.org) (TWCX) is a world class commodities exchange based in Taipei. It has operated as a market place for the trading of financial products to connect buyers and sellers in four different markets: commodities, equities derivative, foreign currency trading and interest rate products.
TWCX is one of the top exchanges in the world in terms of Market Capitalization. TWCX is the market of choice for local and international investors looking to gain exposure to the leading capital markets in Southeast Asia and the broader Asian continent.