The Korea Exchange (KRX), jointly with the KOSCOM, has entered into an agreement with the Stock Exchange of Thailand (SET) for the development of integrated clearing and settlement system, involving 2 phases.
Mr. Charamporn Jotikasthira, President of The Stock Exchange of Thailand (SET), and Mr. Bongsoo Kim, Chairman & CEO of the Korea Exchange, Inc. (KRX) recently signed the renewal of memorandum of understanding (MoU), aiming to extend cooperation of both exchanges in exchanging information, improving IT structure, promoting collaborative investment and business opportunities.
Nyse Technologies, the commercial technology division of Nyse Euronext and Koscom Corporation, the technology firm created by the Korean Ministry of Finance and Korea Exchange, today announced the signing of a Memorandum of Understanding (MOU) that formalizes a joint commitment to continued technology cooperation and the creation of new international business opportunities.
KVH Co. Ltd., Asia's leading information delivery platform, and Koscom, a leading financial IT solutions provider, announced today that they will offer proximity hosting services for the Korea Exchange (KRX) derivative trading customers at Koscom's new data center in Busan.
Today, Tokyo Stock Exchange Group, Inc. ("TSE Group") and Korea Exchange ("KRX") signed a Memorandum of Understanding ("MOU") to further strengthen the cooperative relationship between both exchanges.
IPC Systems, a leading provider of trading communications solutions to the world's top financial services firms and global enterprises, today announced that it has extended its worldwide financial markets network infrastructure with high-speed connectivity to the Korea Exchange (KRX).
On January 11, 2011, the Laos Securities Exchange (LSX) established jointly by the government of Laos and Korea Exchange was opened for trading at 09:00.
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.
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