Korea derivatives road map gets lukewarm reception

FSC to boost investor participation in derivatives but faces industry scepticism


An overhaul of Korea's derivatives market is facing criticism from dealers for being overly restrictive for new products and failing to remove any of the existing impediments that stop the market from growing.

On June 17, the Financial Services Commission (FSC) released a road map for developing the country's derivatives market, in which it outlined various new products it plans to introduce. The latest announcement adds more detail to a strategic blueprint released last November, which sought

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