Seoul, 10 September 2011: Playing a leading role in the development of the Korean capital markets, Woori Investment and Securities has chosen to use SDX from SuperDerivatives to drive the expansion of its equity derivative business.

Recent revisions to the Korean capital market rules became a major driving force for the Korean structured products market demand for accurate pricing and valuation of structured products and exotic derivatives, which in turn requires accurate implied market data and well calibrated models.

As a globally recognized provider of OTC derivatives price transparency supported by award winning derivative market data, SuperDerivatives will now provide Woori Investment and Securities with the advanced pricing and valuation technology for structured products and exotic options it needs in order to take advantage of the recent evolution in Korean capital markets.

Joonghee Lee of Woori Investment and Securities comments: “As our demand for more advanced risk profiles increases, we are encountering a consistent and growing need for more sophisticated exposure than the usual linear risk. We chose SDX as our front office system as we know SD will deliver the supreme level of pricing accuracy, transparency, extensive coverage and top tier support we need in order to enhance our existing investment products and services.”

Irene Zaslavsky of SuperDerivatives says: “Flow structured products and exotic options have been growing in popularity amongst retail investors in Korea, and managing such exotics can be extremely challenging. As an award winning derivatives data provider, we are pleased to provide Woori Investment and Securities the market-accurate pricing and analytics it needs in order to further its expansion in the local and global market.”

About SuperDerivatives

SD is transforming the world of derivatives by introducing transparency to all major traded derivative classes. Providing prices that reflect the interdealer market has led the company’s web-based, market-calibrated solutions to be widely accepted as the benchmark for derivatives pricing.

At the core of all the company’s solutions is SD’s extensively sourced and intelligently amalgamated market data, comprising true live market rates that are acid tested in real-time in the marketplace by active traders and run through a proven pricing model.

Trading professionals on both the buy and sell side benefit daily from SD’s unique combination of unbiased, aggregated market data and sophisticated modelling techniques. The company also provides fully-fledged risk management solutions, award winning derivatives data and independent portfolio revaluation services.

SD customers include leading banks, hedge funds, asset managers, custodians and hedge fund administrators in more than 60 countries, supported by a global network of SD offices with 24-hour support services.

About Woori Investment & Securities

Since its establishment in 1969, Woori Investment & Securities (Woori I&S) has maintained a leading market position in the domestic securities industry for the past four decades. After a successful merger between LG Investment & Securities and Woori Securities in April 2005, Woori I&S is expanding its business scope and strengthening its competitive advantages through differentiation, positioning it as a leading Asian Investment bank.

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