Korean Exchange
The Korean Exchange (KRX) was established in 2005. The Korean Exchange is a result of the merger between three exchanges. The Korea Stock Exchange, the KOSDAQ Market, and the Korea Futures Exchange. Plans to create a consolidated Korean stock exchange company began early and 2004, and were finalised in July of that year. It was not until the first month of 2005 that the company was established. The vision of the Korean Exchange is to establish "Global KRX: Northeast Asia's Finest Capital Market." At the end of the year 2005, Korean Exchange was ranked 9th with regards to trading value and 15th with regards to market capitalisation. These rankings are based on the World Exchange Federation.
The Korean Exchange employs three strategies to reach its goal. First is the have "customer-focused management." Second is "confidence-winning market development." The third strategy is the "embodiment of a distinguished organisation." The Korean Exchange has produced a wide variety of projects to targeted at executing their strategies and attaining the mission of "Global KRX." In 2005, the Korean Exchange began publishing their own market index, called the KRX 100. Since then, the Korean Exchange has been working towards offering a wide variety of systems, operations and plans for investors and companies.
