Risk Latte Plans South Korean Volatility Index

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Risk Latte, a Hong Kong business consultancy, plans to launch a volatility index for South Korea in the first half of 2004.

The index, which will be called KIXX, will initially be distributed for free to selected subscribers via the Internet alongside HIXX and TIXX, Risk Latte’s volatility indexes for Hong Kong and Taiwan, respectively.

"Korea is a very liquid and important market," says Risk Latte chief executive officer Rahul Bhattacharya.

But he says there are a number of challenges that ne

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