Hana Bank, Foreign Exchange Trading Dealing Room Organizational Restructuring

After Implementation of Foreign Exchange Market Structural Improvement Measures

On September 30th, employees were working in the dealing room 'Hana Infinity Seoul' located at Hana Bank Euljiro Headquarters. Photo by Hana Bank

Hana Bank announced on the 1st that it will reorganize its dealing room in accordance with the implementation of the foreign exchange market structure improvement plan.

The dealing room reorganization, effective from the 2nd, aims to proactively respond to the paradigm shift in the foreign exchange market, provide more convenient FX trading services through efficient operation of the foreign exchange (FX) platform, and secure market leadership by enhancing price competitiveness of spot FX, forward FX, and derivatives products. This initiative is aligned with the foreign exchange market structure improvement efforts to respond on the ground and offer differentiated FX services.

Through this reorganization, specialized personnel in foreign exchange, derivatives, and securities operations within the FX Platform Business Department, Securities Management Department, Foreign Exchange Derivatives Management Department, and Capital Market Sales Department under the Capital Market Group, to which the dealing room belongs, will be reassigned to the existing 'FX Platform Business Department', 'Securities Management Department', and the newly established 'Derivatives Management Department' and 'Foreign Exchange Derivatives Sales Department'.

The 'FX Platform Business Department' will expand and reorganize its existing structure to centralize trading functions and swiftly transition to platform-based trading. This will enable efficient operation of a digital FX trading platform capable of 24-hour trading at competitive prices, and accelerate global business expansion following the opening of the domestic foreign exchange market.

The 'Foreign Exchange Derivatives Sales Department' will be newly reorganized by supplementing personnel from the existing Capital Market Sales Department, based on systematic customer management encompassing both online and offline channels.

The 'Securities Management Department' and 'Derivatives Management Department' will expand a stable and sustainable profit base by actively executing professional trading strategies in response to market changes.

Lee Seung-yeol, President of Hana Bank, stated, “This reorganization will further solidify our position as a leading foreign exchange powerhouse representing the domestic foreign exchange market amid the newly emerging global competitive landscape following the implementation of the foreign exchange market structure improvement plan.” He added, “Through efficient dealing room operations optimized for 24-hour trading and focused on the field and customers, we will continuously provide more convenient and differentiated FX services.”