SunGard’s connectivity via the SunGard Global Network for real-time market data feeds will help support Kyobo’s derivatives trading by complying with the exchanges’ redistribution license policies.

Brokers in South Korea are increasingly seeking to expand their reach in global equities and derivatives markets as they have become crucial for hedging, direct trading and risk mitigation through portfolio diversification in the face of low interest rates. In addition to providing brokerage underwriting, asset management, foreign exchange, corporate financing and other related services to retail and institutional clients in South Korea, Kyobo Securities offers access to investment information systems, including South Korea’s widely-distributed home trading system (HTS).

Nasser Khodri, managing director, head of capital markets APAC at SunGard, said: “To be competitive in today’s trading environment, firms need to quickly find new market opportunities and be able to cost-effectively execute trades across multiple platforms, instruments and geographies. Our solutions provide agile technology and reliable global connectivity across asset classes and exchanges worldwide, and we are pleased to provide Kyobo Securities with the level of sophistication, flexibility and stability it needs to reach various local and global markets and help it expand opportunity for its brokers.”