Tag Archives: south korea

Korean forex market – an overview of the industry including broker volumes

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Korea introduced FX Margin business in 2005, later than in other countries. However, the Korean dynamism was no exception in FX Margin market as it grew rapidly, passing through the financial crisis in 2008. But recently, the Financial Supervisory Service, a government regulation body, grew concerned about excessive investment in the FX Market and is increasing restrictions, such as a deposit increase. Thus the FX market is being tested for its sustainable growth ability.
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China boosts FX swaps partnership with South Korea

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China is showing positive signs of further liberalising its currency. Recently the worlds second largest economy opened up doors for Yuan forwards and is now boosting ties with South Korea.
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FX volumes hit three year high in South Korea

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FX volumes continue to show strength as South Korean banks’ foreign exchange trading volume hit a near 3-year high in the second quarter, the central bank announced. The daily average foreign exchange turnover for banks amounted to $47.9 billion in …
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Advanced Markets LLC signs a second partner in Korea

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It looks like Korea (South Korea obviously) is becoming the new Dubai with more and more firms partnering up with local outfits to offer margin FX trading. I pointed at Korea’s potential as another gateway to mainland China back in …
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