Major Korean banks are expanding FX trading staff and bolstering Seoul–London
coverage ahead of a near-24-hour KRW FX trading regime launching July 6. Woori
Bank has seconded eight staff to its London office covering FX, derivatives and
bond trading. Hana Bank added traders in Seoul and implemented three-shift
rotations for round-the-clock coverage. Shinhan Bank and KB Kookmin Bank have
also increased headcount and upgraded trading systems. The moves are aimed at
improving KRW liquidity and supporting internationalization of Korea’s financial
markets.