Korea Exchange Signs Agreement with Germany's Eurex to Launch KOSPI 200 Weekly Options Night Market

[Asia Economy Reporter Lee Seon-ae] The Korea Exchange announced on the 17th that it has signed a contract with Eurex at the Eurex headquarters in Frankfurt, Germany, to open a KOSPI200 Weekly Options night market. This will be listed in the first quarter of next year and will be traded in the same manner as the existing Eurex-linked product night trading.

Eurex will list and trade one-day maturity futures based on the KRX KOSPI200 Weekly Options (Korean time 18:00 to 05:00 the next day), and after the night trading ends, open interest will be transferred from the Eurex market to the KRX regular market through pre-market negotiated trading (07:30 to 08:30). Currently, in the KRX-Eurex linked night market, a total of four products, including the KOSPI200 futures listed in March and the dollar futures listed in July, are actively traded.

The KOSPI200 Weekly Options were listed on the KRX regular market in September 2019 to provide investors with precise risk management opportunities by diversifying the expiration dates of KOSPI200 options. Especially, as trading volume has surged recently, the demand for night trading from market participants has also increased. With the upcoming possibility of trading KOSPI200 Weekly Options in the Eurex-linked night market, investors are expected to be provided with additional risk management tools and investment opportunities during nighttime hours.

Chairman Son Byung-doo said, "We are very pleased to be able to additionally list the KOSPI200 Weekly Options, which have been actively traded since their listing on the regular market in 2019, in the Eurex-linked night market to meet investors' demand for night trading," and added, "We hope that the success of the KOSPI200 Weekly Options will further activate the KRX-Eurex linked night market."

This content was produced with the assistance of AI translation services.