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Derivatives

BNP Marketer Joins Nascent Korean House

The soon-to-be launched Good Morning Shinhan Securities has lured Hong Shik Kim, head of Korean equity derivatives marketing at BNP Paribas in Hong Kong, in a new role as managing director and head of fixed-income and proprietary trading in Seoul, according to Sean Chung, investor relations at Good Morning Securities. "The official launch date for the new company is Aug. 1," said Chung, explaining that Good Morning is merging with Shinhan Securities.

As part of the integration, the new entity will have a capital markets division, handling services such as corporate finance, investment banking, fixed-income and equity trading. Kim will be part of this group and will report to J.S. Park, who will act as the head of capital markets. Kim could not be reached for comment.

At BNP, Kim reported to Laurent De Meyere, Asian head of equity derivatives in Hong Kong. De Meyere, who moved from the Paris desk earlier this year (DW, 4/21), did not return calls.

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