Court ruling buoys dealers in Korea

p13-noyes-gif

Decisions announced by the Seoul Central District Court on April 24 on attempts by local corporates to suspend the performance of knock-in knock-out (Kiko) currency option contracts may signal a change of tack that should provide some comfort for derivatives dealers operating in South Korea.

The court announced it had granted three preliminary injunctions - court orders temporarily suspending the contracts pending final verdicts of lawsuits - on the basis the companies had not been adequately in

To continue reading...

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 indvidual account here: