Taiex futures face U.S. trading ban on 'narrow-based security index'

Taipei, May 2 (CNA) U.S. investors will be prohibited from trading futures on the Taiwan Stock Exchange (Taiex) by the U.S. securities regulator from as early as July 29 due to a classification of the Taiex as a so-called "narrow-based security index," according to Taiwan's Financial Supervisory Commission (FSC).