Trading Volume of KOSPI 200 Options Set Record High
Trading volume of KOSPI 200 Options was 39,324,648 contracts on November 11, 2010, surpassing the previous record of 37,284,508 contracts set on June 10, 2010. Trading value reached up to KRW 2.1 trillion, which ranks eighth this year.
Surge of trading volume of KOSPI 200 Options was attributed to increased volatility of the index which attracted investors who looked for short-term profits by trading contracts whose exercise price were around at-the-money.
46 percent of the investors who lead the increase of volume were institutional investors such as securities and futures companies.