Eurex
Eurex is the only trading venue that offers international investors access to Korean benchmark derivatives products outside Korean trading hours. The addition of Futures on the Korean benchmark KOSPI 200 index on the Eurex/Korea Exchange (KRX) Link complements existing Eurex KOSPI 200 Options and Mini-KOSPI Futures listed on the link. These will provide market participants operational benefits and, even more importantly, margin efficiencies.
The new product listing underscores Korea Exchange’s and Eurex’s commitment to connect markets globally by further expanding their product range through their decade long partnership: the Eurex/KRX Link. Together, they have created an attractive and liquid market with more than 263.9 million Eurex KOSPI Options contracts traded since launch and a twelve-fold increase in trading volume of Mini-KOSPI 200 Futures (2019 vs. 2020).
The KRX KOSPI 200 Futures and Options are among the most heavily traded derivatives in the world. Eurex KOSPI products offer global market participants more trading and hedging opportunities after Korean hours. All Eurex KOSPI products are fully fungible with the corresponding contracts on KRX.
Here is what our market participants have to say:
“Sincere congratulations on the listing of KOSPI 200 Futures on Eurex! I am delighted to see that KRX and Eurex were able to redouble the cooperative efforts through this work, and truly believe that this new listing will provide greater investment opportunities for global investors. As a member of both KRX and Eurex, we, Korea Investment & Securities, will also promise to do our best to make full commitments on improving the investment environment for our valued customers. Congratulations once again.”
– Il-Mun Jung, CEO, Korea Investment & Securities Co., Ltd.
“Eurex exchange created the catalyst for the internationalization of KOSPI derivatives with the launch of the Eurex KOSPI Options many years ago. Deutsche Bank is delighted to support Eurex’s launch of Eurex KOSPI Futures. We trust that, thanks to Eurex’s expertise, this new product will encounter strong demand, too.”
– Sebastien Bonvalet, Head of Listed Derivatives APAC, Deutsche Securities
“We are thrilled to offer KOSPI 200 Futures night trading to our clients, together with the existing KOSPI 200 Options and Mini Futures at night on Eurex. Launching KOSPI 200 Futures will help to complete the product suite, make trading even more liquid and also provide greater functionality to our clients as a useful hedging tool.”
– Junki Eom, Head of Global Derivatives Sales Team, Hana Financial Investment
“We welcome the launch of the KOSPI 200 Futures on Eurex which will enable us to manage our risks during Korean night hours.”
– Steven Chang, Head of Asia, Volant Trading
“The new Eurex KOSPI Futures will provide additional liquidity to everyone who needs to manage overnight risk exposure in Asia. It will also create greater trading opportunities. We are excited and looking forward to the listing.”
– Peter Cho, Senior Trader, Ingensoma Arbitrage Pte Ltd
Market Status ⓘ
XEUR
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