Singapore Exchange (SGX) today welcomed Korea Investment & Securities Co., Ltd. (KISCL) as a Trading Member of its derivatives market.
Based in Seoul, KISCL was incorporated in 1974 as the first investment trust company in South Korea. KISCL provides financial services including securities dealing and brokerage services, corporate finance, asset management and investment trust.
Pol de Win, Senior Managing Director, Head of Global Sales and Origination at SGX said, “We are delighted to welcome KISCL as a new member of our growing derivatives marketplace. Korea is an important market for SGX and this membership will add to our diverse and growing global community of members. We look forward to working with KISCL to expand their comprehensive range of financial and banking products and services, to meet the investment and risk management needs of their domestic and international investors.”
Taehong Park, Managing Director of Korea Investment & Securities Co., Ltd. derivatives department, said, “We are delighted to join as an SGX derivatives trading member. Korea Investment & Securities Co., Ltd. is now able to provide a great number of Korean investors an expanded suite of derivatives across multiple asset classes. With the SGX trading membership, we will indeed achieve competitive advantages within the Korean financial industry. We are enthralled to experience the enhancement arising from cooperating with SGX.”
With the admission of Korea Investment & Securities Co., Ltd., SGX’s derivatives market now has 65 Trading Members and 26 Clearing Members.
