6 days ago
South Korean Bourse Wants to Add More Weekly Index Options
South Korea's main stock exchange is preparing to launch a range of short-term derivatives, joining other Asian bourses in expanding the offering of such instruments.
The Korea Stock Exchange plans to introduce weekly options expiring every weekday on the benchmark Kospi 200 Index as well as weeklies with Monday and Thursday expiries for the Kosdaq 150 Index of small-cap companies, according to people familiar with the matter, who asked not to be identified discussing private information. It also intends to offer dividend futures tied to the Kospi 200, the people said.