South Korea’s FX brokers face revenue risks as the Seoul foreign exchange market prepares for 24-hour trading, raising uncertainty over the future of the MAR market, a key pre-opening benchmark for corporate FX transactions.
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https://en.infomaxai.com/news/articleView.html?idxno=101936
MAR Market Faces Uncertainty as Seoul FX Trading Moves to 24 Hours—FX Brokers on Edge Over Potential Loss of Revenue

South Korea’s FX brokers face revenue risks as the Seoul foreign exchange market prepares for 24-hour trading, raising uncertainty over the future of the MAR market, a key pre-opening benchmark for corporate FX transactions.

Yonhap Infomax
South Korea’s FX market is set to abolish the MAR market and introduce a new benchmark as it transitions to 24-hour trading, with a final decision expected soon from the FX Market Committee.
#YonhapInfomax #FXMarket #MARMarket #WMR #TWAP #BankOfKorea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101683
Outline Emerges for Replacing 'MAR Market' Ahead of 24-Hour FX Trading—Final Decision Expected Soon at FX Market Council

South Korea's FX market prepares to abolish the MAR market ahead of 24-hour trading, with new benchmarks like WMR and TWAP under review for adoption.

Yonhap Infomax