3, 2014 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), one of the world's leading providers of financial market indices, and the Korea Exchange ("KRX") today announced an agreement for S&P DJI to manage the commercial licensing of all existing KRX indices including the KOSPI 200
, the premier gauge of equity market performance in South Korea, to potential clients worldwide.
Since 2010, Eurex and KRX have been cooperating in trading and clearing of KOSPI 200
options, the Eurex/KRX Link.
In addition, the Singapore office will support the implementation of the trading and clearing of Daily Futures on KOSPI 200
options on Eurex as part of the cooperation with the Korea Exchange (KRX).
the ETF tracks the KOSPI 200
or the Korean Composite Stock Index 200 which comprises 200 leading publicly traded companies in South Korea.
In addition, Korean Stock Price Index (KOSPI) 200 futures, KOSPI 200
options, stock options for 7 major Korea companies' common stocks are traded in Korean Security Exchange.
In local currency terms, Hong Kong's Hang Sang Stock Index is up 52 per cent, Thailand's SET 50 Index has risen 111 per cent, South Korea's KOSPI 200
gained 103 per cent and Malaysia's Kuala Lumpur Composite Index rose 125 per cent.
In 2009, CME Group and KRX announced after-hours access to KOSPI 200
Futures on CME Globex.
The average daily volume of traded contracts is 83,000 this year, which is equivalent to almost 4 percent of the daily volume of KOSPI 200
options traded on KRX, said Michael Peters, member of the Eurex Executive Board.
According to the 2007 statistics compiled by Futures Industry Association, KOSPI 200
option is the most heavily traded one in the world in terms of trading volume with 2.
Traded contract volumes have been influenced by the revised contract size on 14 June from 100,000 to now 500,000 Korean Won (KRW) due to the change of KOSPI 200
option s contract specification at KRX.
With respect to CFTC approval of KOSPI 200
futures and options, and the globalization of Korean financial markets, interest of foreign investors in Korean derivatives market is growing.
011000), has been added to the prestigious KOSPI 200