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KMB's covers KRW/USD spot exchange, USD/KRW forward, MAR, and NDF. We continue to envelop the service area with new and diverse products.
Through a newly developed broking system, KMB-Net, we are able to provide our clients with the most efficient and advanced broking service. The system allows hybrid approach of both voice and electronic broking. With continued effort and investment in the system, we set our goal on enhancing our capacity to give better service to clients worldwide.
KMB allows clients to manage their foreign exchange positions more efficiently and enhances market liquidity by providing market information regarding foreign exchange(especially USD/KRW), including realtime rates to the clients through data vendors platform including Reuters, and Informax.
KMB has contributed to the increase of the foreign exchange trade volume and also enhanced the efficiency and transparency of the foreign exchange market in Korea.
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| Foreign Exchange Spot |
Spot market is where the dollar supply and demand meets and trades. Through the trade the dollar price in Korean Won is decided and according to the price the dollar is exchanged. Not only the physical supply and demand of dollar positions participate in the spot market but also speculation and spread positions participate for profit taking.
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| NDF |
Non-Deliverable Forward Foreign Exchange (NDF) is foreign exchange forward without any physical exchange. The settlement is the difference between the contracted forward amount and the spot MAR at maturity, usually in US Dollars.
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| MAR |
Market Average Rate is announced the next business day. Traders trade according to the rate decided from the previous day's market average rate.
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| Foreign Exchange Option |
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Foreign Exchange Options have become an important part of the Foreign Exchange market and continue to be expanding. Foreign Exchange Option trades require not only sophisticated technology but also a high level of efficiency in communications and networks. KMB continues to invest in reinforcing the infrastructure for Foreign Exchange Options to provide the clients with a wide range of products.
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