Tuesday April 16 2024
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: Korean Republic
The Korea Exchange (KRX) announced four new indices, including a combined index of foreign stocks and bonds and monthly -2X inverse indices, on Monday, April 8th, 2024. KRX has developed the first foreign bond index and foreign stock and bond combined index to meet the recently increasing demand for overseas investment.
In addition, the KRX has developed two (2) monthly –2X inverse indices that tracks –2 times the monthly cumulative returns of KOSPI 200 and KOSDAQ 150 futures. The new indices, along with the existing monthly 2X – 2 – leverage index, provides a strategic index lineup that allows investors to pursue excess returns in rising or falling market conditions.
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