Korean Won/U.S. Dollar (KRW/USD) Futures

Cash-settled and electronically traded with the certainty of our clearing house

Key Macro Facts

The 2019 Economic Survey of Korea published by the OECD in June 2018 has projected South Korea’s economy to grow at 3% in 2018 and 2019.

At the same time, the country’s foreign exchange reserves rose from USD 240 billion to USD 397 billion in March 2018, equivalent to 24% of annual GDP, the ninth largest in the world and more than three times short-term foreign debt.  However, the reserves have significant fiscal costs and entail foreign exchange risk.

In terms of exports, South Korea’s top trading partner is China followed by the United States. Korea is also the world’s fifth largest crude oil importer and impacted by the price of oil.

Key Benefits

Traded electronically, the Korean Won futures contract provides an efficient means for global participants to manage their exposure to the Won.

Key capital efficiencies and margin offsets

  • 45% savings with Australian Dollar (AUD/USD)
  • 44% savings with New Zealand Dollar (NZD/USD)
  • 30% savings with Euro (EUR/USD), Canadian Dollar (CAD/USD) and Hungarian Forint (HUF/USD)
  • 25% savings with Japanese Yen (JPY/USD)

CME Group KRW/USD FX Futures

Be Part of the Trend and Trade Cash-Settled Korean Won Futures at CME Group

Available Now on the Platform You Want

Standard Futures

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Bringing together market participants and their liquidity, from pension funds to banks, from hedge funds to corporates, from more than 150 countries nearly 24 hours a day, ready for market-impacting events.

Transact with Flexibility

Choose a block or an EFRP where you can still privately negotiate your trades but submit them directly into our clearing systems to free up credit lines and mitigate bilateral exposure – whether you are trading in Korea or anywhere else in the world.

Reduce Risk and Manage Uncleared Margin Rule Changes

Through position-netting and by utilizing the capital and margin efficiencies of cleared and listed FX:

55 futures, 24 options, 26 CSFs and 12 NDFs

Get Connected to the World’s Largest Regulated FX Marketplace

$100 billion of daily FX volume and the firm liquidity you need to manage FX risk, from won to peso.

Contract Specs

Korean Won Futures

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Standard Futures

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