S.Korea Plans To Launch Clearer

04 Nov 2009

The operator of South Korea’s stock market said it plans to begin central clearing for over-the-counter derivatives next year.

The operator of South Korea’s stock market said it plans to begin central clearing for over-the-counter derivatives next year. According to Lee Chang-ho, head of the Korea Exchange’s management strategy division, central clearing will begin with interest-rate swaps, which have comparatively simple structures, and then be expanded to ...

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