Kospi 200 options hit record
A record volume of 37.4m Kospi 200 options were traded at the Korea Exchange today, which was the last trading day in the front month contract. The exchange attributed the volume surge to investor demand to liquidate positions.
Trading in single stock futures at the exchange also hit a record—386,000 contracts were traded, which had a notional value of 194.2 Korean won.
Iosco welcomes four new membersThe International Organisation of Securities Commissions (Iosco) has announced that regulators from Iceland, the Republic of the Maldives, the Kingdom of Saudi Arabia and Syria have become members.The new members joined at yesterday’s Iosco’s Presidents Committee meeting. To join, the countries’ regulators had to demonstrate their commitment to Iosco’s Objectives and Principles of Securities Regulation and that their regulatory regimes allowed them...