27 October 2016
Visit dh.com

Eurex receives green light for South Korean DMA

18 February 2013  |  1461 views  |  0 Source: Eurex Exchange

Eurex Exchange, the international derivatives marketplace, announced today that it has received confirmation from the South Korean Financial Services Commission (FSC) to offer its full suite of products in South Korea without objection. Eurex has already established a very successful cooperation with the Korea Exchange (KRX), the Eurex/KRX Link.

The new possibility of a direct membership will further enhance the Eurex/KRX cooperation and strengthen the ties between Korean and German financial markets.

"We are very delighted by the Korean regulator's decision to allow Eurex to offer direct access to market participants located in Korea. This is an exciting opportunity to admit additional customers to our robust and reliable network and offer them direct access to our diverse, highly liquid futures and options product suite," said Michael Peters, member of the Eurex Executive Board.

Financial institutions from South Korea now have direct access to the Eurex Exchange network and to the leading Eurex Exchange products including benchmark index futures based on indices like EURO STOXX 50®, DAX® and SMI®; Europe's most important interest rate derivatives Bund, Bobl and Schatz as well as directly participate in trading daily futures on KOSPI 200 Options at Eurex during Korean after-hours. 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit dh.comhttp://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit www.i2cinc.com

Top topics

Most viewed Most shared
Visa treads on Swift's toes with blockchain pilot for high value paymentsVisa treads on Swift's toes with blockchai...
9095 views comments | 34 tweets | 38 linkedin
Monzo raises £4.8mMonzo raises £4.8m
8857 views comments
CBA and Wells Fargo combine blockchain and IoT to revolutionise trade financeCBA and Wells Fargo combine blockchain and...
8416 views comments | 26 tweets | 28 linkedin
Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018Visa tells Europe to be ready for 3-D Secu...
8130 views comments | 12 tweets | 27 linkedin
China emerges as fintech powerhouse as UK dominance weakensChina emerges as fintech powerhouse as UK...
7583 views comments | 31 tweets | 27 linkedin

Featured job

Find your next job