South Korean won
Korea FX reforms expected to drive e-trading surge
Dealers say opening onshore FX market to foreign firms will push trading onto platforms
Korean regulator likely to probe issuers of rate-linked products
Mis-selling enquiry may extend to structuring banks as global rates plunge threatens retail notes
Three Asian FX fixings threatened by benchmark rules
European regulations would block use of fixings that account for 40% of LCH NDF volumes
Banks tout new structures amid Korean autocall resurgence
Modified structured products still popular as banks learn lessons of China crash
Korean autocallable volumes double as HSCEI rallies
Diversification of underlying investment and additional protection options also behind revival
Korean crunch: how HSCEI fall hammered exotics desks
Dealers lose over $300 million in scramble to hedge autocallables
Korea Securities Depository aims to be industry-owned utility
KSD lost the tender to be the domestic TR but will operate the LEI process
HSCEI Korea structured product losses spark regulatory fears
Potential losses for global banks and local firms estimated at $300 million
Korea equity derivatives reform fails to impress dealers
Attempts to reboot a stalling Kospi will fall short according to market players
Asia liquidity concerns over NDF clearing
Move to mandate non-deliverable forward clearing could drive forex futures market
European banks stop clearing Korean won swaps at KRX
Fresh uncertainty over Esma's recognition of KRX's OTC clearing house
KRX adds 16 foreign branches for mandated won IRS clearing
KRX set to receive no-action relief from the CFTC later today
Korean securities firms to compete with banks in OTC forex
Further liberalisation of Korea's capital markets gives securities firms a chance to expand
Icap: Sefs could lead to ‘sub-optimal hedging’
Moving NDFs to trade on Sefs could mean less hedging at longer end of the curve, says senior executive at Icap
Korea to start mandatory clearing in October 2013
Legislative hold-up means Korea OTC derivatives clearing will be delayed
Forex options traders count the cost of stressed VAR
Costing stressed VAR
Tight regulation a barrier to the development of Korean hedge fund market
Prime brokers speaking at Risk/Return Korea voiced concerns over the potential for regulations to strangle the country’s nascent hedge fund sector
CME delays dollar/renminbi futures due to settlement system issues
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement system problems and some traders believe the exchange…
Korea short-selling ban leaves dealers reeling
Korean regulators unveiled a three-month short-selling ban in a bid to calm equity markets following a 17% fall in the Kospi since the start of this month. The prohibition went live on August 10, forcing major dealers to unload excess stock inventory at…
Korean regulator cracks down on scalpers arbitraging warrants market
The FSC in South Korea has introduced new measures aimed at stopping scalpers from making undue profits in the warrants market. But dealers are concerned the new rules are inadequate and may shrink the market unnecessarily as a consequence.