The New York Stock Exchange and Korea Exchange signed a collaboration agreement on Thursday to expand access between U.S. and Korean capital markets through a series of market-structure initiatives.
The memorandum outlines cooperation across settlement cycle modernization, extended trading hours, exchange-traded funds, market data and index products. A proposed NYSE-KRX Joint Collaboration Council would be established to oversee implementation of the agreement’s objectives.
Lynn Martin, President of NYSE Group, said Korea’s capital markets connect global investors to leading companies and that the pact reflects a shared commitment to stronger, more accessible markets. Eun-Bo Jeong, Chairman and CEO of Korea Exchange, said the memorandum underscores the exchanges’ dedication to deepening cooperation between the two markets.
Korea Exchange operates as South Korea’s sole securities exchange, running the KOSPI, KOSDAQ and KONEX markets alongside derivatives and commodity platforms for gold, petroleum products and greenhouse gas emissions allowances. The exchange is headquartered in Busan with offices in Seoul and representative offices in New York, London, Singapore and Beijing.
The New York Stock Exchange is operated by Intercontinental Exchange Inc., which also runs futures, equity and options exchanges and provides financial technology and data services across major asset classes.
The agreement follows broader efforts by global exchanges to enhance cross-border market connectivity and liquidity amid rising demand for international investment channels.
