Interactive Brokers enhances APAC reach with extended Korean derivatives trading hours
Interactive Brokers has launched the Eurex/KRX link, extending trading hours for Korean KOSPI 200 derivatives.
Specifically, the offering enhances and aligns trading opportunities for users across the Korean, US, and European time zones, making Korean derivatives available during US and European trading hours.
Milan Galik, chief executive of Interactive Brokers highlighted exactly what time means for users: “Clients can now take advantage of extended hours to trade in one of the world’s most liquid derivatives markets. Our global client base, including APAC, European and American clients, benefit by having access to KOSPI derivatives during normal and extended trading hours, regardless of location.”
Through the expanded trading hours, products include: KOSPI 200 Options, Mini-KOSPI 200 Futures, KOSPI 200 Futures, and USD/KRW currency futures.
Speaking in an announcement, the firm confirmed that recent regulatory changes have made processes easier for foreign investments in South Korean equities.
“These changes are expected to elevate South Korea’s status from an emerging to a developed market, making it more appealing to global institutional investors,” said the company.
Read more: Interactive Brokers expands European trading through Cboe Europe Derivatives
Interactive Brokers’ clients can trade Korean derivatives along with the rest of the business’ offering from a single unified platform across various currencies, including the Korean Won.
