Korean Kospi 200 Futures Now Available for US-based Customers...

Quote from Steve_IB:

The CFTC has recently approved the trading of Korean Kospi 200 Futures by US residents. Interactive Brokers is now making this product available to its US customers.

You can sign up via Account Management!
More...

This is a North Korean contract?
 
Quote from parabolic:

This is a North Korean contract?
More...
Yup, that's right. There's a thriving market in equities derivitives in Noth Korea. It's part of the great leap forward.
 

Quote from parabolic:

This is a North Korean contract?


Yup, that's right. There's a thriving market in equities derivitives in Noth Korea. It's part of the great leap forward.


ARe you sure this is for Noth Korea and not for South Korea?
 
IB Margin Exchange rate Margin USD
1168500 Won 0.0007302 $853.29USD

Is $853 correct margin for Kospi?

Minium tick .01 value x500,000Won

Tick = $ 36.50USD

Please check my math.
 
Quote from Mercor:

IB Margin Exchange rate Margin USD
1168500 Won 0.0007302 $853.29USD

Is $853 correct margin for Kospi?
More...

I think it's actually $8532 margin. Check your math.
 
You need to carefull if you trade Kospi Futures with IB on US servers as i think the US servers are reset during active Kospi trading hours!

So your trading will be interrupted. Also because the Kospi exchange doesnt support native stops, your IB stops wont be active during the server reset .

I think IB state the reset is less than a minute. But they dont garantee this.
 
No lunch break but it tends to drop just before the HK lunch break.


The comments about the US server reset are correct. The reset is normally not more than a minute but it can drive you nuts. Move to the HK server.
 
You must log in or register to reply here.
Back
Top