[Korea goyounghun financial newspaper News] Korea's exchanges have established a branch in the Asian financial hub of Singapore this year to strengthen the global sales.
He told reporters the Korea Exchange Derivatives Market Division getdamyeo expand liquidity enhancements and aggressive marketing efforts to increase the market demand derived from a press conference held in Seoul Yeouido 14 days.
Derivatives Market Division vice president of imjaejun "Singapore accounted for about 19% of the total trading volume commodity derivatives exchange in 2016" and "Hong Kong this year, I will also increase investment in key emerging regions, such as Europe, the United States," he said.
Following consultations build national institutions for the smooth communication channel, operated identify market demands, and will also build instant feedback system.
In addition, oxygen and build a central authority (CCP) risk management systems, and advanced to improve credit risk management, settlement and clearing system of payment based on international recommendations and the members overseas practices and risk management system and payment clearing system, considering the infrastructure.
In the third quarter of this year it introduced a system of margin trading markets and strengthen the CCP collateral risk management. Plans to improve stress testing regime equip the ability to respond in a crisis situation, such as changing market conditions for the payment strengthening risk management.
Minimize the risk of bankruptcy CCP to meet international standards, and market-friendly and also establish risk management systems in effectiveness.
Lim, managing director, "We will enhance the reliability and credibility of transactions in the capital market investors to minimize the risk of payment failure by improving CCP risk management system," he said.
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