Korean exchange should merge to stay relevant

Author: | Published: 5 Nov 2010

Korea Exchange (KRX) should consider acquisitions similar to the Singapore-Australia exchange tie-up to stay relevant.

Speaking at IFLR’s Korea Summit this week, Daewoo Securities’ Hong Kong investment banking head of emerging capital markets, David Lee said KRX needed to become more global to shake off its image as Asia’s second choice in terms of listing venues. Drawing in more foreign capital would help make...