South Korea is set to launch Kospi 200 options with a maturity of one week in September that will make it easier for issuers to manage their autocallable books.

The Financial Services Commission (FSC) has agreed to revise the Korea Exchange (KRX) rules to introduce the new option. The financial authority expects the change in rules to help market participants better counteract to a potential spike in volatility and other market events as the maturity of Kospi 200 options are currently set up at one month. For local structured products dealers, the availability of options with different maturities as well as increased liquidity is 'beneficial' in manag

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