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Briefings South Korea’s 24-hour FX launch puts market reform claims to the testNew trading hours make the won easier to use overseas, but investors will judge the reform by liquidity and depth South Korea launched continuous weekday foreign exchange trading on Monday, extending the won market to operate from 6 a.m. Monday until 6 a.m. Saturday as authorities pressed ahead with reforms designed to improve access for international investors and strengthen the currency’s role in global financial markets. The move follows a series of market liberalization measures over the past two years, including expanded foreign investor access, English-language disclosures and operational changes aimed at bringing Korea’s capital markets closer to international standards. The launch comes less than two weeks after MSCI again declinedto place South Korea on its developed market watchlist, © Korea Risk Group. All rights reserved. |





