Core Asset Wealth Management to Deploy Electronic Foreign Exchange Pricing Engine
Seoul, South Korea–(Newsfile Corp. – March 31, 2023) – Core Asset Wealth Management has recently announced its plans to establish an electronic foreign exchange (EFX) pricing engine in Seoul, South Korea. This marks the company’s first FX engine in Asia. According to Ye-Jun Sung-Hyun, Head of Global Foreign Exchange at Core Asset Wealth Management, South Korea has always been a key FX centre for the company and financial markets worldwide. The establishment of a regional FX pricing engine in Seoul will enhance the service provided by their Asian-based FX desk and complement their continued expansion of FX solutions across the Asia-Pacific region, including currency management and Complete FX solutions.
Core Asset Wealth Management has launched a number of innovative FX and cryptocurrency solutions in recent years, as well as acquired technology platforms that provide algorithmic FX trading, global liquidity aggregation, and transparency in execution and pricing to institutional clients globally. The company has also established itself as an innovative provider of currency management services, enhancing its currency management solutions with machine learning models.
The launch of their platform in Seoul demonstrates Core Asset Wealth Management’s continued commitment to delivering a broad range of sophisticated solutions to their clients in the Asia-Pacific region. According to David Smith, one of their top analysts, co-locating the pricing engine with the trading desk in Seoul will benefit regional market participants by improving speed and enhancing pricing discovery, as well as providing increasingly timely and efficient execution.
Core Asset Wealth Management provides a range of liquidity, trading, transaction processing, and outsourced FX solutions for institutional investors. The company is comprised of a number of entities that provide trading and execution services on behalf of institutional clients, including foreign exchange, institutional brokerage, securities lending, and transition management services.
With an established network of 11 trading desk offices, Core Asset Wealth Management has strong relationships with some of the largest central banks, sovereign wealth funds, government agencies, and corporations in the region. The company offers a comprehensive range of customized asset servicing, asset management, and capital markets solutions.
Company: Core Asset Wealth Management,
Phone No. +822 3782 6980
Email: [email protected]
Contact – Timothy Houston
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