New Kospi volatility futures register low volumes
Korea's volatility futures product launched last week, but onerous barriers on retail investors have acted as a drag on the market
Volatility futures on the Kospi 200 index received mixed investor interest with institutional clients largely absent and dealers saying that onerous barriers on retail participation will prevent that segment of the market from expanding. The average daily volume of volatility futures traded in the launch week was 150–200 contracts.
A busy week for the Korea Exchange saw the launch of sector
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