Eurex to Expand Its KOSPI Product Offering with Monday Weekly Options

Eurex, Europe's leading derivatives exchange, has further expanded its KOSPI product offering by launching KOSPI 200 Monday Weekly Options.

The new options contract will complement the listing of the Eurex KOSPI 200 Thursday Weekly Options on the Eurex/KRX Link. Since its launch on 28 March 2023, the product has traded nearly 23.1 million contracts, with an average daily volume of 92,300.

​With the introduction of KOSPI 200 Monday Weekly Options, market participants can now implement various trading strategies on the Eurex KOSPI products and react to market events over the weekend.

Mezhgan Qabool, Eurex Head of Market Development and Sales APAC and ME, said: "As the market evolves with the need for shorter dated expiries, KRX's weekly expiring solution creates the necessary hedge and trading opportunities needed for the KOSPI Options suite. Eurex is proud to continue being a strong partner to KRX and providing the market access for the afterhours trading of the KOSPI Weekly Expiring Options on the Eurex/KRX link. Our partnership goes from strength to strength, and we look forward to working with KRX for the years ahead."

Eurex is the only exchange that offers KOSPI derivatives and futures on the USD/KRW currency pair after Korean trading hours. The introduction of Weekly KOSPI Options was the most recent step in the expansion of the partner exchanges' link. They complement the regular KOSPI 200 Options, which are among the most liquid options in the world.