Korea Exchange said on the 10th that it held the "FIA Forum: Busan 2025" jointly with the Futures Industry Association (FIA) at the Signiel Busan hotel.
FIA, based in Washington, D.C., is the world's largest derivatives association, with more than 200 institutions worldwide (exchanges, clearinghouses, banks, investment institutions, etc.) participating as members.
About 250 industry officials attended the event, including Busan City, overseas exchanges, global investment institutions, and index providers. They discussed key issues in the global derivatives market and future development strategies for the Korean market.
In a welcome speech that day, Chair Jeong Eun-bo said, "Marking the 20th anniversary of the launch of the integrated exchange and the first year of overnight trading, we must strengthen the global competitiveness of Korea's derivatives market," adding, "To respond to changes such as expanding geopolitical risks and the rise of digital assets, we will focus on new product development, building a 24-hour trading system, and strengthening market safeguards."
Jeong added, "We will work with regulators and global investment institutions to build a resilient and inclusive market," and said, "I hope this forum will serve as an opportunity to strengthen global partnerships."
Busan Mayor Seong Hee-yeop also said in congratulatory remarks, "We will do our best to expand infrastructure and broaden the global network to build an international financial city."
The forum held two panel discussions under the themes of "The present and future direction of the derivatives market" and "Accessibility of the Korean derivatives market from a global perspective." The first session shared the current status of Korea's derivatives market and the outcomes of institutional improvements, and addressed strategies to leap forward as a leading market in Asia. The second session presented the Korean market's appeal and areas for improvement from the perspective of foreign investors, ways to attract more global investors, and strategies for cooperation with overseas institutions.
The exchange said it plans to strengthen its global network by participating in and hosting various international conferences in the future.