The Taiwan Monthly
Market & ETP Overview
TWSE and TIP participated in S&P DJI ETF conference in Japan to strengthen Taiwan–Japan financial ties
The Taiwan Stock Exchange (TWSE) participated in the 17th S&P DJI Japan ETF Conference held in Tokyo from June 3 to 4. In addition to being invited as a panelist, TWSE joined forces with Taiwan Index Plus Corporation (TIP) to set up a promotional booth, where they showcased Taiwan’s achievements in ETF market development to international investors. They also visited key local asset management firms to deepen business collaboration.
The S&P DJI ETF Conference is one of the most influential ETF industry events in Asia, attracting nearly a thousand experts annually from regulatory authorities, exchanges, and international financial institutions. The event serves as a vital platform for exchanging insights on global ETF development trends.
At the conference, a TWSE representative joined a panel discussion on “EXPLORING THE SURGE: RAPID GROWTH OF ETF MARKETS IN SOUTH KOREA AND TAIWAN” where they shared insights into Taiwan’s ETF market landscape and future outlook. The TWSE highlighted that, in terms of assets under management (AUM), Taiwan ranks third in the Asian ETF market overall and holds the top position in the fixed income ETF segment. From the end of 2021 to April 2025, the total market size of ETFs in Taiwan grew approximately 2.6 times, with average daily trading value increasing 4.4 times. Key drivers behind this rapid growth include the capital market’s overall expansion fueled by the AI boom, lowered market entry thresholds through intraday odd-lot and Dollar-cost averaging mechanism, active retail investor participation, and the TWSE’s ongoing efforts in investor education and ETF information transparency. Taiwan’s well-coordinated ETF ecosystem has also made ETF product issuance and liquidity more efficient.
TWSE also shared that, in line with the Financial Supervisory Commission’s plan to position Taiwan as an Asian Asset Management Center, active and multi-asset ETFs have been permitted since late 2024. As of the end of May 2025, three active ETFs have been launched. The exchange continues to support both domestic and foreign asset managers in entering Taiwan’s ETF issuer landscape and is working closely with the regulator and relevant associations to foster international cooperation and promote product innovation, aiming to attract more capital and further enhance the growth of Taiwan’s capital market.
TWSE noted that Taiwan and Japan have long maintained close capital market ties. Currently, efforts are underway to launch the first Taiwan–Japan cross-border ETF by the third quarter of 2025, to strengthen interconnectivity between the two markets.
At the conference venue, TWSE and TIP co-hosted a booth to highlight Taiwan’s strengths and potential in capital markets and ETFs. The booth attracted significant attention from institutional investors, sparking in-depth discussions. They also visited Japanese asset management corporation to promote the adoption of Taiwan equity indices, and the issuance of financial products linked to Taiwan ETFs in overseas markets, supporting Taiwan’s goal to become the Asian Asset Management Center.
In addition, TIP visited JPX Market Innovation & Research, Inc. (JPXI), a subsidiary of Japan Exchange Group, to exchange practical experiences in investor relations and sustainability development to each other. Taiwan Index Plus aims to optimize IR Engage platform, strengthen communication between listed companies and institutional investors, and support the sustainable development of Taiwan’s capital market as well as the deepening of investor relations through such international exchanges.
TWSE emphasized its commitment to internationalization, ETF innovation, and global outreach—working together to lead Taiwan’s ETP market toward its next milestone.