Eurex has agreed a deal with the Korea Exchange to list daily futures on the Kospi 200 option, the world’s most actively traded listed derivative, from January 2010.
In the first arrangement of this kind that Eurex has entered into, it will list, trade and clear futures on its platform. They will be physically settled every day by delivery of a Kospi 200 option position at the KRX.
The Eurex instruments will begin trading after the South Korean market closes at 3pm Seoul time (7am Frankfurt time), and will expire at the end of Eurex’s trading day (10pm Frankfurt...