TechFlow News, May 6: According to the Korea Economic Daily, Jeong Eun-bo, Chairman of the Korea Exchange (KRX), stated that the exchange will actively promote the introduction of virtual-asset-related derivatives to position Busan as a global derivatives market hub and a center for virtual assets. Speaking at the 30th-anniversary commemoration event for the launch of Korea’s derivatives market, Jeong added that the exchange plans to further solidify Busan’s status as Korea’s representative derivatives financial center by hosting international conferences and strengthening industry-academia collaboration with local universities. Jeong also noted that Korea’s derivatives market has continuously grown since the launch of KOSPI 200 futures in May 1996, achieving a record-breaking average daily trading value exceeding 83 trillion Korean won in 2024.
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