According to the Advanced Markets, the partnership allows Hana Daetoo to improve the trading capabilities of its securities brokers by providing access to the liquidity, transparency and anonymity that DMA through Advanced Markets can provide within the Korean market.
Hana Daetoo general manager of Futures & Derivatives Jongchan Kim said that Hana Daetoo expects to be the leader in Korea for margin FX and now has all the resources to achieve this goal.
Advanced Markets is a designated US Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED).
Recently, Advanced Markets launched FX margin trading services with brokers and financial institutions in Japan, Hong Kong as well as an additional Korean securities firm.
