In order to provide trading opportunity of KRX derivatives product during the night time, KRX and Eurex jointly established night market of 1 day Futures on the KOSPI200 Weekly Options on March 2022, U.S. Dollar Futures on July 2021, KOSPI200 Futures on March 2021, on the KOSPI200 Options in 2010 and on Mini-KOSPI200 Futures on Eurex on November 2016.
The market allows investors to hedge global market risk and to make various trading strategies during the night time.
The open interests that have not yet been liquidated in the Eurex linked markets are transferred over to the open interests of KRX KOSPI200 Futures · KOSPI200 Options · Mini-KOSPI200 Futures · U.S.Dollar Futures · KOSPI200 Weekly Options through the pre-hours negotiated trade mechanism, and the positions are traded/settled in the KRX regular market.
The orders for Eurex linked market trading are delivered to the markets through Eurex members or KRX members which send the orders to the Eurex members for trading and execution.
During the Eurex(Korean night time) trading session, Trading and Clearing are conducted under the rules & regulations of Eurex Exchange and Eurex Clearing. Pre-hours negotiated trading in KRX is conducted under KRX rules & regulations.