Asia exchange partnerships hindered by FX issues

The chairman of Korea Exchange tells FinanceAsia why cooperation between Asian exchanges is currently difficult to achieve.

Greater collaboration between Asia's different securities exchanges would benefit the long-term development of regional capital markets but right now there are practical difficulties in fostering closer ties.

That is the view of Kyung-soo Choi pictured, chairman of Korea Exchange, as he spoke to FinanceAsia in an exclusive interview in Hong Kong.

Choi, who took over as chairman of the country’s sole securities exchange in 2013, believes the main obstacle to developing stronger connections between Asian exchanges is the existence of different currencies in these countries.

“While many of the Asian exchanges have proposed plans to strengthen collaboration,...

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