South Korea futures hit $20m
SEOUL - Futures brokers in South Korea saw year-on-year net income rise 6% to 24.6 billion won ($19.7 million), in the first quarter ending June, as increased trading volumes lifted brokerage commissions, according to the Korean Financial Supervisory Service (FSS).
The regulator revealed last Monday (August 24) that commissions for derivatives broking, which includes currency futures, hit 49.1 billion won in June, a 31.3% rise over the same quarter last year. Revenues were also supported by
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