15.08.2012 - South Korean derivatives market doubles to $27tn in four years
The South Korean derivatives market has evolved into the worlds largest in terms of trading volume accounting for roughly 20% of the global total and doubling in value in 2011 to 30 quadrillion won, or approximately US$27tn, according to new research from Celent. Despite the significant spike in activity, the market still has opportunities for growth - the nation's OTC derivatives trading volume possesses a meager 0.19% of the global pie, lagging significantly behind other world markets. 2011 was also the year in which South Korea clinched the top seat as the leading listed derivatives market with volume reaching 3.9bn transactions, outpacing by a wide margin the US-based CME Group which currently holds second place in terms of listed derivatives trading volumes...............................................Full Article: Source
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