TradeXYZ Launches KR200 Korean Stock Index
On April 10, TradeXYZ announced that the KR200 is now available on its platform, with a maximum leverage of 20 times. The Korea 200 (KR200) tracks a weighted portfolio of 200 leading stocks in South Korea, priced in Korean won, and is one of the main benchmark indices of the South Korean stock market. This oracle directly tracks the original point value of the portfolio in local currency (Korean won) without any currency conversion. KR200 is a Quanto derivative, where the profit and loss (P&L) based in Korean won will be settled in USDC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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