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Korean firm eyes generating USD275m after Mideast expansion
(MENAFN) Busan-headquartered South Korean securities exchange operator, Korea Exchange (KRX), is opting for further expansion with regard to its trading platform in Mena region, Gulf Times reported.
Through the expansion, KRX hopes to yield an annual sum of USD275 million in exportations regarding its trading platform and related IT infrastructure.
The Korean firm wants to speed up its growth by making more investments in smallish stock exchanges and delivering its technological expertise in electronic trading platforms.
The most recent move made by the Korean firm was signing an MoU with Dubai Mercantile Exchange for developing a trading ecosystem for commodity futures contracts.
Through the expansion, KRX hopes to yield an annual sum of USD275 million in exportations regarding its trading platform and related IT infrastructure.
The Korean firm wants to speed up its growth by making more investments in smallish stock exchanges and delivering its technological expertise in electronic trading platforms.
The most recent move made by the Korean firm was signing an MoU with Dubai Mercantile Exchange for developing a trading ecosystem for commodity futures contracts.
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