MetaBit, a technology solutions provider, has announced that Taiwan-based Yuanta Securities has been connected to its market liquidity hub, FIX trading network.
Yuanta Securities has become the 26th broker to connect to the market liquidity hub (MLH) as an execution destination for MetaBit’s buy-side clients to electronically access Taiwan’s stock.
Daniel Burgin, CEO of MetaBit, said: MLH connectivity to local brokers in Asia is a key element to MetaBit’s service offering in Asia. Adding Yuanta, Taiwan’s largest broker to our MLH FIX network as an execution destination represents a further key element to our Asian markets strategy.
Connecting to Yuanta in Taiwan, MetaBit’s Market Liquidity FIX Network gains further depth and MetaBit is pleased to add one of Taiwan’s major household name to its client list, he added.