stp in korean securities market vision 2015 we bridge asia and the rest of the world as global...
TRANSCRIPT
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STP In Korean Securities MarketVISION 2015We bridge Asia and the rest of the world as Global Partner with internationally compatible investment services2008. 6. 2.Korea Securities Depository
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Table of Contents. Overview. STP in Front Office. InSet System. Statistics . Future Plan
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. Overview-KSDKSD is the only CSD providing custody, clearing and settlement services in Korean Market
Settlement services includeExchange and Non-exchange transactionsStock, Bond (Corporate, Government), Money Market Instrument (CD, CP), Trust Unit, Mutual Fund, etc.
-1-Settlement Volume (KRW trillion)2,168(05) 2,233(06) 2,430(07)
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. Overview-Korean Market-2-TradeOrders (Tel, E-mail ) MatchingSettlementTrust bankSettlementBankSettlementBankTrade report(Tel, Fax, E-mail ) Allocation(Fax, E-mail ) Affirmation(Fax, E-mail ) Non-exchangeExchangeFrontofficeBackoffice
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. STP In Front Office-3-Samsung Investments introduced FIX System in 2003
43 Brokers, 11 Investment Managers
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. InSet-History-4-KSD introduced InSet System (Institutional Settlement System) in 1990
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. InSet-Characteristics-5-Linkage between matching system and book-entry systemStock (ETF, ELW), Bond (CD, CP)Delivery Versus PaymentDVP1(Bond), DVP3(Stock)Central Bank MoneyNetworkCCF / WebMessage format / CodeProprietary Message format / ISIN(ISO6166)
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. InSet Stock (Institutional Investor)-6-TradeOrders (Tel, E-mail ) 3. Matching 4. NettingMatchingSettlement 6. Blocking
9. Securities transfer7.Money transfer instruction (CCF)8.Money transfer result (CCF)10.Settlement result (Web)10.Settlement result (Web)7.Money transfer instruction 7.Money transfer instruction
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. InSet Stock (Fund)-7-TradeOrders (FIX, Tel ) 3. Matching(1.2) 7. NettingMatchingSettlement 9. Blocking
12. Securities transfer10.Money transfer instruction (CCF)11.Money transfer result (CCF)13.Settlement result (Web)13.Settlement result (Web)10.Money transfer instruction 10.Money transfer instruction Trust bank6. Matching(1.5)FundNet
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. InSet Stock (Non-resident)-8-TradeOrders (FIX, Tel ) NOE 4. NettingMatchingSettlement 6. Blocking9. Securities transfer7.Money transfer instruction (CCF)8.Money transfer result (CCF)10.Settlement result (CCF)10.Settlement result (CCF)7.Money transfer instruction 7.Money transfer instruction Local custodian3. Matching
AllocationTrade reportNOE Trade report
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. InSet Bond (Institutional Investor)-9-TradeTrade (Tel, E-mail ) 2. MatchingMatchingSettlement 4. Blocking 7. Securities transfer5.Money transfer instruction (CCF)6.Money transfer result (CCF)8.Settlement result (Web)8.Settlement result (Web)4.Money transfer instruction 4.Money transfer instruction
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. InSet Bond (Fund)-10-TradeTrade (Tel, E-mail ) 3. Matching(1.2) MatchingSettlement 8. Blocking 11. Securities transfer9.Money transfer instruction (CCF)10.Money transfer result (CCF)12.Settlement result (Web)12.Settlement result (Web)9.Money transfer instruction 9.Money transfer instruction Trust bank6. Matching(1.5)FundNet
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. Statistics-Stock-11-Total 207 participants (2007)
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. Statistics-Stock-12-Trading volume by InSet vs Settlement volume by InSet Trillion won(48%)(79%)(82%)(82%)(82%)
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. Statistics-Bond-13-Total 238 participants (2007)
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. Statistics-Bond-14-Trading volume by InSet vs settlement volume by InSet Trillion won(49%)(73%)(74%)(74%)(76%)
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. Future planNext generation IT System project will be completed in May 2010
The project plans to introduces in InSet SystemCCF in all settlement processesISO 15022
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Thank you !