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Global Market: South Korea to extend won trading to 24 hours in bid to boost global appeal
South Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is expected to enhance liquidity and efficiency but raises concerns over volatility during low-liquidity hours, even as strong equity inflows and overseas investments continue to pressure the currency.
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channelnewsasia.com
Always-on won: Korean dealers fret about risks in landmark shift to 24-hour trading
SEOUL, June 26 : Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the…
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Always-on won: dealers fret about risks in landmark shift to 24-hour trading
SEOUL, June 26 : Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the…
- ·
economictimes.indiatimes.com
Global Market: South Korea to extend won trading to 24 hours in bid to boost global appeal
South Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is expected to enhance liquidity and…