Eurex expands its KOSPI product providing

Eurex is increasing its KOSPI product providing, with the launch of KOSPI 200 Monday Weekly Choices.

This can complement the profitable itemizing of the Eurex KOSPI 200 Thursday Weekly Choices on the Eurex/KRX Hyperlink. Since its launch on 28 March 2023, the product has traded practically 23.1 million contracts, with a mean every day quantity of 92,300.

With the introduction of KOSPI 200 Monday Weekly Choices, market contributors can now implement numerous buying and selling methods on the Eurex KOSPI merchandise and react to market occasions over the weekend.

Mezhgan Qabool, Eurex Head of Market Growth and Gross sales APAC and ME, commented:

“Because the market evolves with the necessity for shorter dated expiries, KRX’s weekly expiring answer creates the mandatory hedge and buying and selling alternatives wanted for the KOSPI Choices suite. Eurex is proud to proceed being a powerful associate to KRX and offering the market entry for the afterhours buying and selling of the KOSPI Weekly Expiring Choices on the Eurex/KRX hyperlink. Our partnership goes from power to power, and we look ahead to working with KRX for the years forward.”

Eurex is the one alternate to supply KOSPI derivatives and FX USD/KRW Futures after Korean buying and selling hours. The introduction of Weekly KOSPI Choices was the latest step within the growth of the associate exchanges’ hyperlink. They complement the common KOSPI 200 Choices, that are among the many most liquid choices on the planet.