Interactive Brokers has extended the trading hours for Korean derivatives during US and European market hours to meet the increasing demand for global investment opportunities in South Korean equities and derivatives. The brokerage firm announced today that it has expanded the trading hours for KOSPI 200 derivatives via the Eurex/KRX Link.
Extended Access to Korean Derivatives
This enhancement allows investors to trade KOSPI 200 Options, Mini-KOSPI 200 Futures, KOSPI 200 Futures, and USD/KRW currency futures during US and European market hours. These derivatives are fully fungible with contracts at the Korea Exchange, a move the company praised as offering effective investment strategies across different markets.
“Providing access to the Eurex/KRX link exemplifies Interactive Brokers’ dedication to offering our clients an extensive range of global investment and trading opportunities. Clients can now take advantage of extended hours to trade in one of the world’s most liquid derivatives markets,” said Milan Galik, Chief Executive Officer of Interactive Brokers.
“Our global client base, including those in APAC, Europe, and America, benefits by having access to KOSPI derivatives during normal and extended trading hours, regardless of location,” Galik added.
Boosting the South Korean Equities Market
Recent regulatory reforms have reportedly streamlined foreign investment processes in South Korean equities, positioning the Eurex/KRX Link to attract more international investors. These changes are expected to boost South Korea’s market status from emerging to developed and draw more global institutional investors.
In May, Interactive Brokers joined Cboe Europe Derivatives (CEDX) as a trading and clearing participant to offer its clients access to CEDX’s range of pan-European equity derivatives. The firm stated that this collaboration aims to allow retail investors to benefit from European derivatives markets.
Launched in 2021, CEDX aims to improve retail investors’ access to and benefits from European derivatives. The platform seeks to enhance the derivatives trading and clearing process by implementing a unified system for institutional and retail investors to easily enter the market.
In Europe, Interactive Brokers has also launched a new product to enable institutional and retail traders to execute short-term trading strategies and gain access to the French stock market. Dubbed Daily Options on the CAC 40 Index, the service aims to equip traders with tools to navigate global markets effectively.
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