Korea Money Brokerage Corp.

About KMB

Korea Money Brokerage proudly walks side-by-side with its customers toward the development of Korean financial market and global financial markets.

CEO Message

Welcome to Korea Money Brokerage Corp. website!

We deeply appreciate the unwavering support and interest of our customers.

Korea Money Brokerage Corp. was founded in July 1996 based on strong support from the government and financial institutions in order to integrate the Korean won call money market.

Since the foundation, we have strived to meet the diverse needs in the market by expanding our business horizon to include FX, fixed income and derivatives while fulfilling the original objective faithfully. Now we have evolved to become a leading integrated broker of the domestic wholesale financial market.

We are fully committed to our ultimate goal of maximizing satisfaction in your day-to-day trading and growing together with our customer. Your support and encouragement will always be greatly valued.

Thank you.

Hae Young Woo: President & CEO
Korea Money Brokerage Corp.

Having grown with the money of Korea: KMB vows to build on its achievement as the first and biggest wholesale brokerage firm of the nation to offer the best services for clients

Company Profile

KMB was established in July 1996 as the first exclusive broker specialized in short-term money transaction between institutional clients. Since then it has evolved to become the biggest provider of wholesale brokerage services in the nation covering a wide range of products including FX, fixed income and interest rate derivatives.

The company has been successfully fulfilling its original mission of stabilizing and integrating the money market while also enhancing fairness and efficiency in brokerage services and reducing trade expenses.

KMB will remain fully committed to its effort to develop the financial market of the nation and become a leading brokerage firm in the global market.

Business Area

Wholesale brokerage & Additional financial services

Money Marker

Unsecured Call Money, Secured Call Money, Repo, CP
Fixed Income Market
KTB, MSB, Other Bonds
Foreign Exchange Market
FX Spot(USD/KRW, CNH/KRW)
MAR, FX Swap, NDF, Deposit
Derivatives Market

IRS, CRS, FRA, OIS
Hong Kong Branch

FX Spot & Deposit
(USD, HKD, CNY, G7 currencies),
FX Swap, IRS, NDF, Bill & Bonds
Other Services

Notification of fixing USD-KRW rates,
Market information,
Recommendation on the gold trade

Vision

Global brokerage firm leading the wholesale financial market

In an effort to advanced as a global brokerage firm, KMB is united under 4 core values.

Core values

Happiness (Happiness at workplace)

We pursue a continuously expanding workplace where trust and harmony among colleagues are formed, and where happiness is realized.
Opportunity (Fair opportunity)

We promote change and development by providing fair opportunities to everyone.
Partnership (Partner always with you)

We create strategic synergy with our partners built upon trust and harmony.
Everyone (Communities)

We seek new values on the road accompanied with local communities.

Established in 1996 as the first brokerage firm of Korea, KMB has evolved to become the largest provider of wholesale brokerage covering money market, fixed income, FX and derivatives.

History

2025	10.30 Established a joint venture to set up a company providing FX brokerage services for customers (FXONE Brokerage Co., Ltd.)
2024	07.01 Opened the London Branch 07.01 Extended FX Brokerage Trading Hours (KST: 9:00 a.m. to 2:00 a.m. the following day)
2023	12.07 Received the 「Grand Prize in the Compliance Monitoring Sector」 and other awards from the Korea Audit Association 12.01 Received recognition as a 「Community Contributor」 from the Ministry of Health and Welfare for three consecutive years
2022	12.08 Received the 「Best Institution Award in the Private Sector for Integrity and Ethics」 and other awards from the Korea Audit Association
2021	11.24 Began submitting "Korea overnight Financing Repo rate" data
2018	09.21 Relocated the server room to the Yeouido Data Center (IDC) 03.27 Began broking services for foreign currency bonds 02.20 Began broking services for foreign currency repos
2014	12.01 Began broking services for CNH/KRW FX spot
2012	04.02 Launched the renewed electronic trading system
2011	11.17 Hosted international conference "Toward a New Horizon of Korea's Inter-Dealer Brokerage Services" 06.17 Opened the Beijing Representative Office
2009	02.04 Acquired a license for financial investment services pursuant to the Capital Markets Act
2008	04.24 Established a business alliance with ICAP (EBS) for G7 FX spot trading
2007	10.15 Opened the Hong Kong Branch
2004	02.27 Launched a money market information system for dealers
2003	10.14 Began broking services for the secured call money market 07.17 Began broking services for the gold market
2002	12.01 Received the "Best CRS & FX Swap Broker" award from Asia Risk 08.01 Launched the electronic FX trading system (KMB-Net)
2000	06.15 Acquired the IDB license and began providing services
1999	02.01 Expanded broking services to the interbank foreign exchange market
1997	06.02 Began broking services for interbank CPs 05.15 Began broking services for interbank repos
1996	12.01 Began broking services for interbank CDs 11.01 Began broking services for the call money market 10.29 Acquired a license as a money broker in Korea 07.18 Founded the company and held the inaugural general shareholders' meeting

Organization

Shareholders

KMB was first established by 120 domestic financial institutions including commercial banks, securities companies and insurance companies. After a series of M&As and the restructuring in the late 1990s, KMB's shareholders went through consolidation, and now KMB is owned by 47 institutions.

Our outstanding brokerage services come from this stable ownership structure backed by well-established institutions.

Shareholders

17 Commercial Banks 39% KR&C(Former Resolution & Finance Corporation) 22.1% 19 Securities Companies 21% 2 Insurance Companies 4% 7 Other 1.4%

Financial Information

Financial Position

Unit: KRW 1 million

Section		FY2025	FY2024	FY2023
Assets	Cash & Deposits	99,122	96,748	83,244
	Securities	0	0	4,480
	Accounts Receivable	6,830	5,531	4,720
	Loan Obligation	0	0	0
	Property & Equipment	6,447	4,964	4,796
	Intangible Assets	10,044	10,401	11,205
	Other Assets	23,321	18,469	19,812
Total Assets		145,764	136,114	128,258
Liabilities	Borrowings & Debentures	0	0	0
Liabilities	Other Liabilities	22,185	19,127	16,039
Total Liabilities		22,185	19,127	16,039
Stockholders' Equity	Capital Stock, Capital Adjustments	9,573	9,573	9,573
Stockholders' Equity	Retained Earnings, Others	114,006	107,414	102,646
Total Stockholders' Equity		123,579	116,987	112,219
Total Liabilities and Stockholders' Equity		145,764	136,114	128,258

Statement of Comprehensive Income (Summary)

Unit: KRW 1 million

Section	FY2025	FY2024	FY2023
Revenue	67,194	58,513	55,752
Cost & Expenses	56,729	51,310	44,138
Operating Income	10,466	7,203	11,614
Non-operating Income	3,813	4,583	4,286
Non-operating Expenses	1,042	467	557
Income before Income Tax expense	13,237	11,319	15,344
Income Tax Expense	3,515	3,165	4,444
Net Income	9,722	8,155	10,899
Other comprehensive income	(130)	112	468
Total comprehensive income	9,592	8,267	11,367

KOREAN FX MARKET REFORM & FX AFFAIRS OF RFIs

Welcome to Korea Money Brokerage Corp.
If you have any inquiries regarding the Korean Foreign Exchange Market Reform, please contact the following personnel.

FX Spot	Geena Park Team Manager, FX E-Platform Business Department Tel : +82 2 3706 8393 Email : geena@kmbco.com
FX Swap	Junhyung Park Team Manager, FX Department Tel: +82 2 3706 8463 Email: james.junhyungpark@kmbco.com
Processing physical connectivity (UAT/PROD)	Hyunwoo Lee Senior Manager, IT Tel: +82 2 3706 8222 Email: hwlee@kmbco.com
Coordinating overall process of RFI onboarding and connectivity	Yaejin Park Senior Manager, London Branch Tel: +82 2 3706 8466 Email: kmbpyj@kmbco.com

Contact Us

Addr.: 12F 13F, YoungPung Bldg, 41, Cheonggyecheon-ro, Jongno-gu, Seoul
　: (ZIP : 03188)
Tel.: 02-3706-8200
Fax.: 02-3706-8280