[Korea goyounghun financial newspaper reporter] Korea Exchange has introduced a mini-gold system that can be traded even gold (金) 100g to enable over-the-counter market in September this year.
Korea Exchange Derivatives Market Division, saying the need to explore new types of products listed in the press conference held in Seoul Yeouido 14 days told reporters.
Exchange has been operating outlining the oil market and the gold market, the market for emission rights prices stabilized, bisexual and gold transactions, including greenhouse gas emissions. The oil market in March 2012, the gold market was opened January 03, 2014, 2015 credits market.
Derivatives Market Division imjaejun Director Bo (Managing Director), the "Paris Agreement enters into force and the National Assembly was designated as the Paris Agreement ratification in accordance with the vote also reduced duty Korea countries" and "emission market-based in order to induce an auction system construction and permits held company involved will expand, "he said mentioning.
Imjaejun managing director will promote "the second quarter and from increased marketing platform for the activation oil market consultation to market players expand and import charges refunded, including incentives extended" and "with gut degree of over-the-counter market to strengthen the stability of the OTC derivatives market "he added.
It plans to mandate the central authority of oxygen (CCP) clearing for standardized OTC derivatives.
Introduction of TR (TR) according to the legal foundation period, and plans to embark on the development of optimal TR system that reflects the user's convenience.
In addition to promoting this year won / dollar net settlement forward (NDF) clearing services. Without exchange agreement with the NDF principal at maturity, based on the difference between the rates set by the futures exchange at maturity and currency forward exchange contracts to promote a settlement to the (mainly US dollars).
In foreign exchange side to expand the introduction of a variety of goods clearing OTC derivatives, Korea also said that based on strengthening positions need to secure global competitiveness CCP.
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