Trading technology provider IPC Systems has extended its worldwide financial markets network infrastructure with high-speed connectivity to the Korea Exchange (KRX).
Using IPC's network hub in Seoul, customers will be able to trade across the KRX portfolio of trading destinations, including the Korea Composite Stock Price Index (KOSPI) derivatives market trading system, used for futures and options based on the KOSPI200 Stock Index, as well as the KOSDAQ market trading system for small and medium enterprises.
Users will also be able to use KRX IT infrastructure provider Koscom's onward direct connection to its trading destinations in Yeouido and Seocho in South Korea.
The expansion of connectivity to Korea follows on from IPC's recent investment in the development of its pan-Asian Optical Network connectivity service, which connects to other major financial centres in the Asia-Pacific region.
KRX accounted for 10% of Asia-Pacific equity market share in January 2011, according to data provided by Thomson Reuters.