To prevent the new types of unfair trading practices, the Market Oversight Commission of the Korea Exchange upgrades its market surveillance system.
Korea Exchange's proposal on new 'Auction-based Block Trading Service (hereinafter "A-Blox")' for its Securities markets (KOSPI Market & Kosdaq Market) has been approved by Financial Services Commission. Key functions of this new service will be anonymous liquidity pool and VWAP transaction mechanism which are designed to accommodate large lot trading demands in the market. After having system implementation and market notification period, the new rules on 'A-Blox' will become effective as of 29th November 2010.
Mr. Kim, Bongsoo has been appointed as the Chairman & CEO of Korea Exchange for a three-year term, effective 30 December 2009.
The international derivatives exchange Eurex successfully launched its new system Release 12 on Monday.
Patsystems is pleased to announce that it has signed a software license agreement with Korean-based Blashnet.
The Korea Exchange (KRX) launched successfully the next generation IT system (EXTURE) on March 23, 2009.
IBM (NYSE:IBM) today announced that it has renewed a contract for integrated maintenance services with the Korea Exchange (KRX).
Tehran Stock Exchange Corporation (TSE) signed MoU with its Korean counterpart, Korea Exchange (KRX) on 21 January 2009.
Eurex, the leading derivatives exchange, and Korea Exchange, a leading Asian exchange, today announced a wide-ranging product cooperation in trading and clearing derivatives.
RTS Realtime Systems Group (RTS), a leading trading solutions provider, and Shinyoung Securities Company Ltd., a leading brokerage firm in Korea, announced today that they have signed an agreement to provide direct market access (DMA) to the Korea Exchange, the third largest derivatives exchange globally by volume.
© Finextra Research 2013