Chairman of Korea Exchange: We will actively promote virtual asset-related derivatives and guide Busan to become a global hub

According to the Korea Economic Daily, Jeong Eun-bo, Chairman of the Korea Exchange (KRX), stated that the exchange will actively promote the introduction of virtual-asset-related derivatives to position Busan as a global derivatives market hub and a center for virtual-asset markets. Speaking at the 30th-anniversary commemoration event of the Korean derivatives market’s launch, he added that the KRX will further solidify Busan’s status as Korea’s representative derivatives financial center by hosting international conferences and strengthening industry-academia collaboration with local universities. Jeong Eun-bo also noted that since the launch of KOSPI 200 futures in May 1996, Korea’s derivatives market has continued to grow steadily, achieving a record-breaking average daily trading value exceeding 83 trillion Korean won in 2024.