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OPTION TRADING SURGES IN SEOUL.

AsiaPulse News

| December 03, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Dec 3 Asia Pulse - Stock index options trading has surged 400 per cent so far this year as traders continue to use it as a means to speculate rather than to hedge, according to the Korea Stock Exchange Monday.

Daily average trading volume soared 404 per cent to 5,935,225 contracts last month from 1,466,067 in January.

Options trading volume showed no signs of explosive gains until March, with daily average volume moving between 1.4 million and 1.6 million. However, the daily average soared to 2 million ...

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Source: HighBeam Research, OPTION TRADING SURGES IN SEOUL.

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