Amid the accelerating global capital market integration and product innovation, Taiwan is advancing toward its vision of becoming an Asian Asset Management Center with a more open perspective. In response to the development of diversified products and international capital flow trends, the Taiwan Stock Exchange (TWSE) officially launched the "Product & Solution Department" on January 19, 2026. This department integrates ETF, ETN, REIT, and Warrant businesses to construct a "one-stop" service model—covering product research and development, review, trading, and promotion—to build a highly efficient and internationally competitive product ecosystem for Taiwan's capital market.
Launching a "One-Stop" Service Model to Reshape Product Development
Previously, the TWSE’s financial product businesses were dispersed across different departments. In light of rapid market growth and rising demand for innovative products, the Product & Solution Department will comprehensively conduct product design, regulatory framework research, product review procedures, and investor education. By breaking down operational barriers and shortening the timeline from the initial concept of a financial product to its official listing, the department will not only improve administrative and market efficiency but also strengthen collaboration with regulators and issuers to deliver a comprehensive suite of services for financial products.
Diversified Product Innovation to Deepen Market Breadth and Depth
The Product & Solution Department consolidates the functions of four major product lines: ETFs, ETNs, REITs, and Warrants, demonstrating the TWSE's determination to drive product diversification.
ETFs have become one of the core drivers of Taiwan's capital market. As of the end of 2025, the assets under management (AUM) of listed ETFs exceeded NT$4.63 trillion, a year-on-year growth rate of 36%. The year 2025 served as the launch year for active ETFs and multi-asset ETFs, seeing the introduction of 17 new products with an AUM of nearly NTD 170 billion. This demonstrates the strong market acceptance of innovative financial instruments.
Beyond ETFs, the Product & Solution Department will comprehensively strengthen the development of the ETN, REIT, and Warrant markets. ETNs offer thematic flexibility, while REITs help guide long-term capital into physical infrastructure. Warrants enhance trading depth through leverage and hedging mechanisms. Future efforts will further enhance a warrant information disclosure platform to facilitate more efficient strategic investments.
Advancing the Asian Asset Management Center Vision
In alignment with the Asian Asset Management Center policy, the TWSE is simultaneously expanding its cross-border cooperation. Alongside diverse overseas equity and bond ETFs, cross-listing feeder ETF collaboration between Taiwan and Japan have delivered notable results. The scale of Japan feeder ETFs listed in Taiwan grew by nearly 90%, while those listed in Japan saw explosive asset growth of over 4 and 5 times, respectively. This demonstrates that Taiwan’s product design and market depth are international competitive.
Strengthening Taiwan’s Competitive Edge and Advancing Inclusive Finance
The establishment of the Product & Solution Department marks a strategic shift from promoting individual products to cultivating a comprehensive product ecosystem. To advance the core value of inclusive finance, the TWSE will continue to develop diverse products based on market demand. At the same time, it will deepen international partnerships and promote cross-border product initiatives to further aligning Taiwan’s market with global standards.
With a stable yet open approach, Taiwan’s capital market is moving steadily toward the long-term vision of becoming a leading Asia Asset Management Center.