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Seeks to export futures trading system to China
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- Webmaster
- Date :
- 2009-08-13 18:40:46
[2009/07/06]
Koscom seeks to export futures trading system to China
- Signs MOU with Hongkong based futures firm, Excalibur
Koscom(CEO Kim, Kwang Hyun) signed MOU with Excalibur Futures Ltd.("Excalibur", CEO Allan Poon) to provide futures trading system for futures firms in China on July 6.
Excalibur is one of major futures firms in Hongkong. It established a futures firm in China and have been searching for a trading solution provider to participate in CIF(China Index Futures) market which is expected to open in late 2009.
After observing the IT infrastructures of Koscom, CEO of Excalibur and his party who visited Koscom on early July to examine the system were said to be greatly impressed with capability of futures trading system and 30 years of experience of Koscom in developing and managing systems.
With this MOU, Koscom expects to step forward not only to China but also to developed Asian financial market such as Hongkong, Taiwan, and Japan to provide its excellent financial IT solutions.
Right after Kim, Kwang Hyun, new CEO inaugurated, Koscom appointed overseas business as one of new growth powers, and organized a overseas business team on January this year. Koscom has been giving impetus to accomplish its vision, "Global Financial IT Solution Leader".
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Deputy President of Koscom, Jeong Euiyeon(right) and CEO of Excalibur Futures, Allan Poon(left) are shaking hands after signing the MOU. |
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