KRX trading systems to merge

The Seoul-based Korea Exchange (KRX) will integrate its futures and options trading systems from June this year, the Korean Financial Supervisory Commission said.

The merger of the two different futures trading systems – the Korea Composite Stock Price Index (KOSPI) and the Korea Treasury Bond (KTB) - should save $2.35 million, facilitate trading and improve market efficiency, the regulator said.

The current dual trading systems, used by the Korea Stock Exchange (KSE) and the Korea Futures Exchange (KOFEX) before they were brought together as the KRX in January 2005, are blamed for high transaction costs and system inefficiencies.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here