-
Korean Won Traders Brace for Volatility as Market Hours Lengthen
The South Korean won’s extended trading hours will give investors more flexibility about when to deal, but they also come with at least one potential downside: the threat of greater volatility. The longer hours for trading, which are being implemented from Monday as part of the nation’s push to gets its stocks and bonds included in more global indexes, open up the prospect of far greater swings. That’s because the session will extend past midnight when fewer traders will be online to provide liquidity. “We are nervous,” said Moon Junghiu, an economist at KB Kookmin Bank in Seoul. “Trading volume is likely ... (full story)