Jeong Eun-bo, Chairman of the Korea Exchange, announced plans to actively promote virtual asset derivatives to establish Busan as a global hub for derivatives markets. Speaking at the 30th anniversary of the Korean derivatives market, Jeong highlighted initiatives such as hosting international conferences and enhancing industry-academia collaboration with local universities to strengthen Busan's position as Korea's leading derivatives financial center.
Jeong also noted the significant growth of the Korean derivatives market since the launch of KOSPI 200 futures in 1996, with daily trading volumes reaching a record high of over 83 trillion KRW in 2024.
Korea Exchange to Promote Virtual Asset Derivatives in Busan
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