Launching Markets for Stock Index Futures and Options: Case of Korea

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Yu-Kyung Kim;
  • Journal: Istanbul Stock Exchange Review, volume 2, issue 5, pages 61-74

This paper discusses experiences on launching Korea’s first-ever regulated derivatives market, namely stock index futures, on May 3, 1996, and subsequent opening of a stock index options market on July 7, 1997. It illustrates what went on as the Korea Stock Exchange was... View more
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