Interactive Brokers has extended trading hours for Korean derivatives during the US and European trading hours to cater to a growing demand for global investment opportunities in South Korean equities and derivatives. The brokerage firm mentioned today that it had extended the trading hours for KOSPI 200 derivatives through the Eurex/KRX Link.

Extended Access to Korean Derivatives

This enhancement allows investors to trade products such as KOSPI 200 Options, Mini-KOSPI 200 Futures, KOSPI 200 Futures, and USD/KRW currency futures during US and European market hours. These derivatives are fully fungible Fungible Fungibility is a term that describes how interchangeable a certain asset is with other assets of the same kind.If an asset is fungible, one unit of that asset is interchangeable with another unit of that asset. Of note, fungibility differs from liquidity. A good is said to be liquid if it can be easily exchanged for money or another good. However, a good is fungible if one unit of the good is substantially equivalent to another unit of the same good of the same quality at the same time and place Fungibility is a term that describes how interchangeable a certain asset is with other assets of the same kind.If an asset is fungible, one unit of that asset is interchangeable with another unit of that asset. Of note, fungibility differs from liquidity. A good is said to be liquid if it can be easily exchanged for money or another good. However, a good is fungible if one unit of the good is substantially equivalent to another unit of the same good of the same quality at the same time and place Read this Term with contracts at the Korea Exchange, a move the company had lauded as offering effective investment strategies across different markets.

"Providing access to the Eurex/KRX link exemplifies Interactive Brokers' dedication to offering our clients an extensive range of global investment and trading opportunities. Clients can now take advantage of extended hours to trade in one of the world's most liquid derivatives markets," Milan Galik, the Chief Executive Officer of Interactive Brokers, mentioned.

"Our global client base, including APAC, European, and American clients, benefit by having access to KOSPI derivatives during normal and extended trading hours, regardless of location."

Boosting the South Korean Equities Market

Recent regulatory reforms have reportedly streamlined foreign investment processes in South Korean equities, positioning the Eurex/KRX Link to attract more international investors. These changes are expected to boost South Korea's market status from emerging to developed and attract more global institutional investors.

In May, Interactive Brokers joined Cboe Europe Derivatives (CEDX) as a trading and clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term participant to offer its clients access to CEDX's range of pan-European equity derivatives. The firm mentioned that the collaboration seeks to allow retail investors to benefit from European derivatives markets.

Launched in 2021, CEDX aims to improve the ability of retail investors to access and benefit from European derivatives. For instance, the platform aims to enhance the derivatives trading and clearing process by implementing a unified for institutional and retail investors to easily enter the market.

Still in Europe, Interactive Brokers has launched a new product to enable institutional and retail traders to execute short-term trading strategies and gain access to the French stock market. Dubbed Daily Options on the CAC 40 Index, the service promises to equip traders with tools to navigate global markets.