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Author: Steve Dew-Jones
Source: Sell-Side Technology | 18 Feb 2013
Categories: Exchanges | Connectivity & Networks
Topics: TechEurexDeutsche BörseKorea ExchangeSouth KoreaSouth Korean Financial Services Commission (FSC)
Eurex Exchange has received approval from the South Korean Financial Services Commission (FSC) to offer direct market access (DMA) in South Korea.
The derivatives hub, which is wholly owned by Deutsche Börse, will offer connectivity to the Korea Exchange (KRX), as it looks to improve links between Germany and South Korea.
"We are delighted by the Korean regulator's decision to allow Eurex to offer direct access to market participants located in Korea," says Michael Peters, member of the Eurex executive board. "This is an exciting opportunity to admit additional customers to our robust and reliable network and offer them direct access to our diverse, highly liquid futures and options product suite."
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