The New York Stock Exchange and Korea Exchange signed a memorandum of understanding on September 3 in New York, establishing a partnership covering settlement modernization (shift to T+1), extended trading hours, ETF development, and market data sharing. Both exchanges plan to create a Joint Collaboration Council to execute these initiatives, with no specific timeline announced yet. This new agreement marks significant progress compared to a previous MOU signed in 2004, now focusing on operational infrastructure rather than symbolic cooperation.
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