SuperDerivitives Enters Korean Market With Koram Bank

Korea’s Koram Bank has become the latest client of SuperDerivitives, a provider of multi-currency pricing systems for both vanilla and exotic options. Koram Bank is a key player in the Korean won options market, which is growing rapidly as a result of the huge inflow of foreign investment into the Korean economy. Keon-Ho Kang, Koram Bank’s head of FX options, explained why the deal would benefit both Koram Bank and the market in general: ‘The won market is really expanding rapidly. Many overseas companies have invested in the Korean market and they need to hedge their currency risk effectively and efficiently. To do this requires access to real market prices.’


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