South Korea is extending won trading hours in a move to make the currency more tradable and attract new international players. Here, we look at how international institutions can access the market, and how it can benefit the won.
At present, won trading hours run from 09:00 to 15:30 South Korean time. From July 2024, this will change to 09:00 to 02:00 the following day. This means won trading will extend to 17:00 Greenwich Mean Time in London, and 12:00 Eastern Standard Time in New York.
