KRX trading systems to merge
The Seoul-based Korea Exchange (KRX) will integrate its futures and options trading systems from June this year, the Korean Financial Supervisory Commission said.
The current dual trading systems, used by the Korea Stock Exchange (KSE) and the Korea Futures Exchange (KOFEX) before they were brought together as the KRX in January 2005, are blamed for high transaction costs and system inefficiencies.
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