Samsung Securities poaches Goldman specialist Choi

Choi will bolster Samsung Securities’ development of its derivatives capabilities following the introduction of a new regulatory regime in July that opened up the over-the-counter derivatives market to securities firms.

Samsung Securities has already hired 40 staff in proprietary trading, capital markets and derivatives as part of its response to the rule changes, said Choi. He added that the firm received a licence to trade derivatives last week.

“There are already a number of professionals who will structure and trade derivatives products, but we will continue to recruit experienced marketers, structurers, and traders both from foreign and local houses,” said Choi.

Although Samsung Securities will primarily focus on equity and fixed-income derivatives, it plans to expand its product range into foreign exchange derivatives in the near future, said Choi.

Choi will report directly to YK Hwang, chief executive of Samsung Securities.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: