Jung Eunbo Departs to Host New York Global Roadshow

The Korea Exchange announced that Chairman Jung Eunbo has departed the country to host the New York Global Roadshow for global investors.

Jung Eun-bo, Chairman of Korea Exchange, is being interviewed by The Asia Business Daily at Korea Exchange in Yeouido, Seoul. Photo by Kang Jin-hyung

According to the Exchange on August 31, prior to his itinerary in New York, Chairman Jung plans to attend a meeting with Silicon Valley tech companies to gather insights on experiences with entering the U.S. market and fundraising, as well as the local investment environment, and to examine the latest trends in cutting-edge industries such as artificial intelligence (AI).

On September 3, Chairman Jung will host the "Korea Exchange Global Roadshow in New York" for major institutional investors, including global asset management firms and hedge funds.

The purpose of this roadshow is to explain the capital market system reforms and initiatives undertaken by the government and the Korea Exchange to enhance foreign investor accessibility, and to further expand global investor interest and participation in the Korean capital market.

On the same day, Chairman Jung will also sign a Memorandum of Understanding (MOU) with the New York Stock Exchange (NYSE) to strengthen cooperation in market operation and infrastructure. Through this MOU, the two exchanges plan to share their experiences and expertise accumulated in the process of market operation and infrastructure innovation, such as extending trading hours and shortening the settlement cycle (T+1). If necessary, they will establish a joint consultative body to continue collaboration on an ongoing basis.

Chairman Jung stated, "I expect this MOU to further strengthen the cooperation between the two exchanges and become an opportunity to enhance the competitiveness of both countries' capital markets."

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