Eurex to list Kospi 200 options

News

Seoul-based Korea Exchange (KRX) and Frankfurt-based derivatives exchange Eurex have struck an agreement allowing Eurex to list, trade and clear daily futures on Kospi 200 options worldwide after South Korean trading hours.

Eurex plans to launch the options on South Korea's benchmark stock index in January 2010. The two exchanges say the move will increase the liquidity and efficiency of the South Korean market.

KRX and Eurex's parent, Deutsche Borse, signed a memorandum of understanding on

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