A sleepless Korean won: Will 24-hour trading pay off?
The Korean won is about to lose its bedtime as the country introduces round-the-clock trading of the currency against the US dollar next month. While trading of the won against the greenback, the world's dominant reserve currency, already operates for longer hours than exchanges involving other currencies, it will be extended to run 24 hours on weekdays starting July 6. The extension is expected to improve market accessibility and support Korea's bid to align its financial markets with its peers