Korea Exchange Hosts Joint Marketing Event with Securities Firms for KRX Gold Market

The Korea Exchange announced on the 14th that it held the 'KRX Gold Market Securities Firms Joint Marketing' event at its Seoul headquarters. From the left: Jo Hyo-je, Head of Derivatives Market Division at Korea Exchange; Kim Sang-hoon, Executive Director at Samsung Securities; Park Jung-rim, President of KB Securities; Jung Il-moon, President of Korea Investment & Securities; Son Byung-doo, Chairman of Korea Exchange; Jin Sun-gyu, KRX Gold Market Ambassador; Jung Young-chae, President of NH Investment & Securities; Lee Man-yeol, President of Mirae Asset Securities; Kim Hee-jae, Executive Director at Kiwoom Securities. (Provided by Korea Exchange)

[Asia Economy Reporter Gong Byung-sun] Korea Exchange announced on the 14th that it held the ‘KRX Gold Market Securities Firms Joint Marketing’ event at its Seoul office. A total of six companies participated in the event, including NH Investment & Securities, KB Securities, Mirae Asset Securities, Samsung Securities, Kiwoom Securities, and Korea Investment & Securities.

The event was organized to revitalize the KRX Gold Market and expand investor participation. From the 22nd of last month to the 3rd of this month, the average daily trading volume of the KRX Gold Market was 156kg, a 37% increase compared to the average daily trading volume of 114kg until the 19th of last month.

The Exchange awarded one grand prize winner among the investors who actively participated in the event with a 100kg gold bar, and six excellence award winners with 50g gold bars.

An Exchange official stated, “We will continue to carry out various marketing activities to establish the KRX Gold Market as a policy market for the sound development of the gold market.”

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