Tag: Securities house
KIS issuance drops 50% as hedging losses bite, DLS disappear
Asia Pacific | Industry
24 Feb 2021 by Summer Wang
Trading income at Korea Investment & Securities (KIS) dipped over three-quarters (77.9%) to KRW99.1 billion (US$89.2m) in FY20 ended in December 2020 due to ‘massive ELS hedge trading loss’ at KRW114.5 billion in Q1.
