NYSE and Korea Exchange Sign MOU for Business Collaboration

M&A · Partnership

โดย PR Newswire·

Summary · why it matters

The New York Stock Exchange and the Korea Exchange have agreed to a memorandum of understanding to collaborate on settlement cycle modernization, extended trading hours, ETFs, and market data and index products. The agreement leverages the expertise of both exchanges to drive innovation across U.S. and Korean markets. NYSE President Lynn Martin said the agreement reflects a mutual commitment to making markets stronger and more accessible. The announcement was made as part of the NYSE's daily pre-market update, which also noted that the major averages look to build on Wednesday's gains ahead of the August jobs report, with the U.S. 10-year Treasury yield having surpassed 4.81% early Wednesday, its highest since November 2023.

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