KRX And Eurex To Be Linked Since August 2010

Eurex, Europes derivatives exchange, and the Korea Exchange (KRX), an Asian exchange, announce the start date of their Eurex KRX Link, a product cooperation to trade and clear KOSPI 200 Options. In soo Kim, Executive Director of KRX, and Michael

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Eurex, Europes derivatives exchange, and the Korea Exchange (KRX), an Asian exchange, announce the start date of their Eurex/KRX Link, a product cooperation to trade and clear KOSPI 200 Options. In-soo Kim, Executive Director of KRX, and Michael Peters, member of the Eurex Executive Board, stated today that both exchanges are jointly preparing to launch daily futures on KOSPI 200 Options at Eurex on 30 August 2010. For the first time, KOSPI 200 Options will be available worldwide after Korean trading hours.

Our agreement with Eurex today is part of our strategy to extend the global reach of KRX markets and furthermore, it is in line with KRX s vision of becoming a world-class premier exchange, says In-soo Kim. Through this cooperation, we will provide round-the-clock trading opportunities in the KOSPI 200 Options market, which is already the most liquid exchange-traded derivative product in the world.

This cooperation is another major milestone in our strategy to extend our global product suite by offering our members access to existing liquidity pools, says Michael Peters. The listing at Eurex of the most heavily traded options contract in the world will enable international investors and traders to access the KOSPI 200 Options market during core European trading hours.

Both partners believe that the cooperation will increase the liquidity and efficiency of the Korean market. This newly extended market for KOSPI 200 Options will provide existing market participants trading and hedging opportunities for KRX positions after Korean trading hours and the potential to take positions as the global market fluctuates.

D.C.

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