Colombo Stock Exchange and Korea Exchange agree to pursue mutual development
The Colombo Stock Exchange (CSE) and Korea Exchange (KRX) announced the signing of a memorandum of understanding (MoU) to establish a collaborative relationship focused on mutual development opportunities in the Sri Lankan and Korean capital markets.
KRX Chairman Mr. Jiwon Jung and CSE Chairman Mr. Ray Abeywardena signed the MoU was in Seoul on Monday, 20th November 2017 in the presence of the Sri Lankan Ambassador to South Korea Ms. Manisha Gunasekara.
In a development that is of particular interest to the Sri Lankan capital market, the MoU paves the way for collaboration between the CSE and KRX in the areas of new product development in equity and financial derivatives, new technology, business strategy and post‐trade technology and systems.
Speaking to mark the signing of the M...