NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments

The fintech platform for futures trading expects its 2 million users to boost liquidity in South Korea's derivatives market

NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to attract foreign investors to revive the ailing derivatives market in Asia’s fourth-largest economy.

NT Korea Co., NinjaTrader’s first subsidiary in Asia, is working on preliminary processes to gain approval from financial authorities for its futures brokerage business in South Korea.

“This initiative aims to provide domestic investors with advanced systems for profit protection and risk management while integrating NinjaTrader’s global standards in management and ICT innovation to enhance market sophistication and competition,” said NT Korea President Yee Chung.

“NT Korea seeks to enable Korean investors to explore advanced overseas derivatives strategies and offer international investors access to the South Korean market.”

Chung seen as a pioneer in the South Korean derivatives market, worked as the derivatives sales head at Samsung Futures Inc. and Deutsche Securities Korea Co. Just before joining NinjaTrader Group, he led the derivatives division at Korea's SI Investment & Securities from 2021 to 2022. Prior to this, he was the Korea representative for UOB Bullion and Futures under UOB Group from 2013 to 2020, based in Singapore and South Korea.

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THE KOREA ECONOMIC DAILY GLOBAL EDITION