Korea Exchange (KRX) has prepared a plan to develop the ETF and ETN products as the most effective asset management tools in era of low interest rate and aging society. The purpose of the plan is to take various initiatives including the introduction of new products in time and the removal or relaxation of market regulations, which fall in the authority of the KRX, in order to support the government’s policy to develop the ETF market announced on October 2. Further, the KRX’s plan aims to foster the ETN market opened in November 2014 as another axis for asset management along with the ETF market. For more details, please refer to the attached. |
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FTSE Mondo Visione Exchanges Index:
Korea Exchange: Plan To Develop ETP Market Including ETFs
Date 16/10/2015