Korea Stock Exchange To Introduce Covered Warrants

The Korea Stock Exchange (KSE) will introduce covered warrants with the underlying asset being listed shares or market indices in the first half of 2004. The KSE is currently reviewing the operational details with securities firms before seeking approval from

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The Korea Stock Exchange (KSE) will introduce covered warrants – with the underlying asset being listed shares or market indices – in the first half of 2004. The KSE is currently reviewing the operational details with securities firms before seeking approval from the Financial Supervisory Commission (FSC) for the launch.

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