Trailing expectations

South Korea


South Korea’s securities firms have sprinted into the country’s equity derivatives markets in the past few months, excited by regulatory changes that have opened up the over-the-counter derivatives market. Eager to target the institutional and retail investor market for the first time, domestic securities houses have begun distributing a wide array of products, ranging from the plain vanilla to the more complex and exotic structures.

But with South Korea’s equity derivatives market sti

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