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.
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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