The CFTC has recently approved the trading of Korean Kospi 200 Futures by US residents. Interactive Brokers is now making this product available to its US customers. You can sign up via Account Management!
isnt it amazing that someone has to approve that some citizen can trade something.... US is a little bit crazy this times hahahahahah here in europe i dont have to ask nobody....
Hi Steve, Are you also planning to offer options on KOSPI? They are one of the most liquid derivatives in the world? Thanks, redduke
We do offer Kospi options to clients but unfortunately they are cash settled index options and US residents are unable to trade them. (ie. the no action letter is just for the futures)
Hi Def, Thanks. I was wondering why I could not see them. The interesting thing i heard about them is that they are so liquid that they can be traded as it they were futures. Regards, redduke
Last time I checked it was doing easily 1.5 mil contracts per day on both call and put. There is a thread called trade kopi options as futures, check it out.