CME to offer won trading
NEWS
The contracts, scheduled for launch later this year, will trade exclusively on the CME Globex e-trading platform.
Terry Duffy, CME chairman, said the Republic of Korea represents one of the world's most important economies. "CME Korean won futures will provide global financial institutions, corporations and investors with a valuable tool to hedge fluctuations in the valuation of the Korean won as they seek to manage the inherent risks in international currency markets," he said.
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