KRX Launches Central Clearing Service for KOFR OIS
The Korea Exchange (KRX) has launched central clearing for KOFR-based OIS, aiming to boost market stability and accelerate adoption of South Korea’s new risk-free benchmark rate.
The Korea Exchange will launch central clearing for KOFR-based interest rate swaps on October 27, aiming to boost KOFR trading, reduce collateral costs, and enhance capital efficiency in South Korea's derivatives market.
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Korea Exchange to Launch KOFR-Based IRS CCP on October 27
The Korea Exchange will launch central clearing for KOFR-based interest rate swaps on October 27, aiming to boost KOFR trading, reduce collateral costs, and enhance capital efficiency in South Korea's derivatives market.
Central Clearing for KOFR Interest Rate Swaps to Launch in October—Mock Tests Scheduled for August–September
South Korea will launch central clearing for KOFR interest rate swaps in October, following mock tests in August–September, as part of efforts to expand KOFR adoption in financial markets.
Bank of Korea Obtains Associate Membership in US Clearing House FICC - RP Transaction Convenience Increases
Bank of Korea secures associate membership in US clearing house FICC, enabling Sponsored RP transactions with improved interest rates and reduced settlement risks
KOFR Central Clearing Set to Launch in 6 Months - Preparations on Track for Official Implementation
Korea Exchange to launch KOFR interest rate swap central clearing system in October, accelerating the adoption of the new risk-free rate benchmark
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