Korea Exchange
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Korea Exchange | |
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Hangul: |
한국증권선물거래소
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Hanja: |
韓國證券先物去來所
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Revised Romanization: | Hanguk-jeunggwon-seonmul-georaeso |
McCune-Reischauer: | Hanguk-jŭngkwŏn-sŏnmul-gŏraeso |
Korea Exchange (KRX) was created through the integration of the three existing Korean spot & futures exchanges (Korea Stock Exchange, Korea Futures Exchange & KOSDAQ) under the Korea Stock & Futures Exchange Act.The securities and futures markets of former exchanges are now operated as the business divisions of the KRX: the Stock Market Division, KOSDAQ Market Division and Futures Market Division. At the end of 2005, it was ranked 15th in terms of market capitalization and 9th in terms of trading value among the member exchanges of the World Exchange Federation.
KRX is the largest derivatives exchange in the world (by transactional volume).