KOREA: KRX to Allow US Treasuries as Margin Instruments for Derivatives Market

Friday March 15 2013

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Korean Republic

Link: http://eng.krx.co.kr/coreboard/BHPENG09004/view.jspx?srchTitle=&srchWord=&srchCate1=&curPage=1&bbsSeq=19990&secretYn=N

Beginning from March 18, 2013, KRX will add U.S. Treasury Bills, Notes, and Bonds to its margin instruments in the derivatives market. Currently, KRX only allows cash, substitute securities and certain foreign currencies for margin deposits. Considering future market demands, KRX plans to diversify the scope to other government bonds.

Click on the above link for more details.