Korea Exchange To Start IRS Clearing Q2

06 Mar 2013

The Korea Exchange is planning to launch voluntary clearing of Korean won-denominated over-the-counter interest rate swaps sometime between May-and-June via its central clearinghouse. Mandatory clearing will likely to start after August.

The Korea Exchange is planning to launch voluntary clearing of Korean won-denominated over-the-counter interest rate swaps sometime between May-and-June via its central clearinghouse. Mandatory clearing will likely to start after August. South Korea’s Legislation and Judiciary Committee of its National Assembly approved the revised bill Financial Investment Services ...

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