Tuesday March 20 2018
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Korean Republic
Link: https://goo.gl/UjMVWs
On 20th March 2018 Korea Securities Depository published its 2017 Winter Newsletter. This Newsletter outlined the various achievements by KSD during this period. One of the key achievements noted was the launch of the Bond Connect transactions on 23rd November 2017.
Bond Connect is a deposit and settlement services which allows Korean securities companies to access, the China Inter-bank Market (CIBM) via Hong Kong. Bond Connect is an institution which allows China and Hong Kong to connect their trading platforms and settlement institutions so that foreign institutional investors could invest in the CIBM via Hong Kong.
This innovation is a welcome development which enhances investor protection and operational efficiency by supporting Koreans’ investment in the Chinese securities.
For additional information please click the link above.