The Korea Exchange said it held the 2025 KRX-TR Annual Meeting on Nov. 28 at the Conrad Seoul in Yeouido.
According to the exchange, the event marked the completion of the KRX-TR reporting framework aligned with international standards after the mandatory introduction on Oct. 27 of international standard reporting items, including UTI, UPI and CDE. International bodies CPMI and IOSCO have recommended the standardisation of trade information such as unique transaction identifiers, unique product identifiers and critical data elements to help authorities assess cross-border system risk transmission and improve the use of transaction data.
About 150 officials from TR reporting entities and reporting agents attended. Awards were given to outstanding reporting institutions, and the programme included presentations and expert lectures. Crédit Agricole Bank, KB Kookmin Bank and Samsung Securities were selected as the top reporting institutions.
In an opening address, Lee Kyung-sik, deputy head of the Korea Exchange derivatives market division, expressed deep gratitude to reporting entities and related institutions for their cooperation in introducing international standard reporting items. He said he expects the domestic financial market to grow further with a more transparent and reliable reporting infrastructure.
The Korea Exchange plans to continue improving the system for stable and efficient operation of the reporting framework. It also plans to use accumulated reporting data to strengthen its role as a global trade repository and enhance transparency and credibility in financial markets.
A trade repository is a financial market infrastructure that centralises the collection, storage and management of detailed information on over-the-counter derivatives transactions. It was introduced under a G20 agreement after the 2008 global financial crisis and plays a key role in improving transparency in the OTC derivatives market and reducing system risk.