GFI opens in Seoul

The derivatives inter-dealer broker will initially employ 18 people in its fourth office in Asia.

GFI Group has opened an office in Seoul to broker Korean interest-rate swaps and deliverable and non-deliverable forwards.

Elisha Choi will head the office, which will operate under the name GFI Korea Money Brokerage. Choi was previously based in the broker's Singapore office, where she headed the Korean desk for two years. She reports to Jurgen Breuer, GFI's senior managing director for Asia.

GFI is continually looking to apply its brokering and technology expertise to new opportunities in Asia...

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