Seoul Money Brokerage Corporation

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  Company Overview

SMBS was spun out of the Korea Financial Telecommunications and Clearings Institute (KFTC) in 2000 as a successor company. KFTC itself was founded in 1970 as a FX brokerage. Since 2000, SMBS has expanded into other Money Market, Interest Rate, and Fixed Income Products progressively adding electronic broking to traditional voice broking services In 2008 SMBS launched its web-based information service making prices available to market data vendors and onshore institutions SMBS first overseas representative office was opened in 2017 in Shanghai

Type of business
Data Source
Asia-Pacific/NE Asia
Inter-Dealer Broker

  Corporate Details

Date of UpdateUnknown
HeadquartersSeoul, Korea
Market Cap US$79 Million
Revenue US$34 Million
OwnershipKorea Financial Telecommunications and Clearings Institute
ManagementPresident & Chief Executive Officer: Seung-Cheol Jeon Director: Geun Hwang Lee Director: Byeong Moo Jim

  Website Analysis

Alexa Rank285,572
TypeData Source
Client CaseInter-Dealer Broker
CoverageKorea & China
Asset ClassesUnknown
Compliance & RiskUnknown
Indices & BenchmarksUnknown
Reference DataYES
Economic DataUnknown

  Key Products & Services

Financial Derivatives broking includes, Foreign Exchange, NDFs, Money Market, Interest Rates, Floating Rate Agreements, cash and options Broking. These focus on G10 Currencies and CNH Fixed Income broking covers Government securities, municipals, Certificates of Deposit and Commercial Paper Market Information Services includes Exchange Rate information related to KR₩ transacted with leading currencies, foreign currency trades, call transactions, financial derivatives trades, KR₩ call rates, and brokered money market instruments

  Business Potential

PresenceKorea & China
MarketFinancial Institutions
CompetitionBGC Partners, IPS Corporation, KIDB Money Brokerage, Nittan Brokerage, Seoul Money Brokerage, TP ICAP & Tradition
AvailabilityDirect from SMBS, Bloomberg, KOSCOM, Refinitiv & Yonhap News
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