ICAP’s wholly owned operation in Korea is the ICAP Foreign Exchange Brokerage Limited based in Seoul.
ICAP’ presence in Korea started back in 2004 via a joint venture with the leading Korean Bond Broker – KIDB. KIDB-ICAP became the foremost foreign brokerage operation to acquire its licenses and began operations onshore since 2004, ICAP’s Korea business has been committed to continuously deliver the highest level of service and professionalism to our valued clients. In November 2006, ICAP’s wholly owned subsidiary in Korea-ICAP Foreign Exchange Brokerage Limited was created.
The operations are actively engaged in Korean Forward as well as Korean Interest Rate Swap and Cross Currency Swap markets. This includes products in both the Deliverable and Non-Deliverable markets. ICAP is recognized as the top market leader in the Korean Won Interest Rate products as well as Onshore Forwards.
Among the developments planned is USD interest Rate Swaps Also envisaged is the expansion into other currency derivatives as well products in the Money Market arena.
ICAP Foreign Exchange Brokerage Limited
11th Floor, Seoul YWCA Building
1-1, Myeong-dong 1-ga, Jung-gu
Seoul 100-021
Republic of Korea
Tel: + 822 311 7601
Fax: +822 311 7660
Regional Contact: Min Ho Lee - CEO
Enquiry Email: minho.lee@kr.icap.com
