Korea Money Brokerage Corp.

About KMB

Korea Money Brokerage proudly walks side-by-side with its customers toward the development of Korean financial market and global financial markets.

CEO Message

Welcome to Korea Money Brokerage Corp. website!

We deeply appreciate the unwavering support and interest of our customers.

Korea Money Brokerage Corp. was founded in July 1996 based on strong support from the government and financial institutions in order to integrate the Korean won call money market.

Since the foundation, we have strived to meet the diverse needs in the market by expanding our business horizon to include FX, fixed income and derivatives while fulfilling the original objective faithfully. Now we have evolved to become a leading integrated broker of the domestic wholesale financial market.

We are fully committed to our ultimate goal of maximizing satisfaction in your day-to-day trading and growing together with our customer. Your support and encouragement will always be greatly valued.

Thank you.

Hae Young Woo: President & CEO
Korea Money Brokerage Corp.

Having grown with the money of Korea: KMB vows to build on its achievement as the first and biggest wholesale brokerage firm of the nation to offer the best services for clients

Company Profile

KMB was established in July 1996 as the first exclusive broker specialized in short-term money transaction between institutional clients. Since then it has evolved to become the biggest provider of wholesale brokerage services in the nation covering a wide range of products including FX, fixed income and interest rate derivatives.

The company has been successfully fulfilling its original mission of stabilizing and integrating the money market while also enhancing fairness and efficiency in brokerage services and reducing trade expenses.

KMB will remain fully committed to its effort to develop the financial market of the nation and become a leading brokerage firm in the global market.

Business Area

Wholesale brokerage & Additional financial services

Money Marker

Unsecured Call Money, Secured Call Money, Repo, CP
Fixed Income Market
KTB, MSB, Other Bonds
Foreign Exchange Market
FX Spot(USD/KRW, CNH/KRW)
MAR, FX Swap, NDF, Deposit
Derivatives Market

IRS, CRS, FRA, OIS
Hong Kong Branch

FX Spot & Deposit
(USD, HKD, CNY, G7 currencies),
FX Swap, IRS, NDF, Bill & Bonds
Other Services

Notification of fixing USD-KRW rates,
Market information,
Recommendation on the gold trade

Vision

Global brokerage firm leading the wholesale financial market

In an effort to advanced as a global brokerage firm, KMB is united under 4 core values.

Core values

Happiness (Happiness at workplace)

We pursue a continuously expanding workplace where trust and harmony among colleagues are formed, and where happiness is realized.
Opportunity (Fair opportunity)

We promote change and development by providing fair opportunities to everyone.
Partnership (Partner always with you)

We create strategic synergy with our partners built upon trust and harmony.
Everyone (Communities)

We seek new values on the road accompanied with local communities.

Established in 1996 as the first brokerage firm of Korea, KMB has evolved to become the largest provider of wholesale brokerage covering money market, fixed income, FX and derivatives.

History

2018	09.21 Relocated computer machinery room to Yeouido Data Center (IDC) 03.27 Initiated foreign currency bond brokerage 02.20 Initiated foreign currency Repo brokerage
2014	12.01 Begins Won/Yuan spot exchange brokerage
2012	04.02 Launches the renewed electronic trade system
2011	11.17 Hosts international conference "Toward a New Horizon of Korea's Inter Dealer Brokerage Services" 06.17 Opens Beijing Representative Office
2009	02.04 Acquires license for financial investment services pursuant to the Capital Markets Act
2008	04.24 Establishes business alliance with ICAP (EBS) for G7 FX spot trading
2007	10.15 Opens Hong Kong Branch
2004	02.27 Launches money market information system for dealers
2003	10.14 Begins broking services for secured call money market 07.17 Begins broking services for gold market
2002	12.01 Selected as the "Best CRS & FX Swap Broker" by Asia Risk 08.01 Launches electronic FX trade system (KMB-Net)
2000	06.15 Acquires the IDB license and begins the service
1999	02.01 Expands broking services to interbank foreign exchange
1997	06.02 Begins broking services for interbank CP trade 05.15 Launches broking services for interbank Repo trade
1996	12.01 Begins broking services for interbank CD trade 11.01 Begins broking services for call money market 10.29 Acquires license as a money broker in Korea 07.18 Founded and holds 1st general shareholder's meeting

Organization

Shareholders

KMB was first established by 120 domestic financial institutions including commercial banks, securities companies and insurance companies. After a series of M&As and the restructuring in the late 1990s, KMB's shareholders went through consolidation, and now KMB is owned by 47 institutions.

Our outstanding brokerage services come from this stable ownership structure backed by well-established institutions.

Shareholders

17 Commercial Banks 39% KR&C(Former Resolution & Finance Corporation) 31% 19 Securities Companies 21% 2 Insurance Companies 4% 8 Other 6%

Financial Information

Financial Position

Unit: KRW 1 million

Section		2021 years	2020 years	2019 years
Assets	Cash & Deposits	56,720	57,375	71,079
	Securities	25,006	19,200	0
	Accounts Receivable	4,352	3,936	4,058
	Loan Obligation	0	0	0
	Property & Equipment	2,344	2,740	3,242
	Intangible Assets	3,637	3,120	4,037
	Other Assets	18,999	16,351	16,382
Total Assets		111,057	102,722	98,798
Liabilities	Borrowings & Debentures	0	0	0
Liabilities	Other Liabilities	14,947	13,180	15,539
Total Liabilities		14,947	13,180	15,539
Stockholder's Equity	Capital Stock, Capital Adjustments	9,573	9,573	9,573
Stockholder's Equity	Retained Earnings, Others	86,538	79,969	73,686
Total Stockholder's Equity		96,111	89,542	83,259
Total Liabilities and Stockholders' Equity		111,057	102,722	98,798

Statement of Comprehensive Income (Summary)

Unit: KRW 1 million

Section	2021 years	2020 years	2019 years
Revenue	48,827	46,756	47,767
Cost & Expenses	37,787	35,300	35,978
Operating Income	11,040	11,456	11,789
Non-operating Income	1,370	1,728	1,679
Non-operating Expenses	367	512	516
Income before Income Tax expense	12,043	12,671	12,952
Income Tax Expense	3,760	3,569	3,900
Net Income	8,283	9,103	9,052
Other comprehensive income	1,286	179	-997
Total comprehensive income	9,569	9,282	8,055

KOREAN FX MARKET REFORM & FX AFFAIRS OF RFIs

Welcome to Korea Money Brokerage Corp.
If you have any inquiries regarding the Korean Foreign Exchange Market Reform, please contact the following personnel.

FX Spot	Geena Park Team Manager, FX E-Platform Business Department Tel : +82 2 3706 8393 Email : geena@kmbco.com
FX Swap	Junhyung Park Team Manager, FX Department Tel: +82 2 3706 8463 Email: james.junhyungpark@kmbco.com
Processing physical connectivity (UAT/PROD)	Hyunwoo Lee Senior Manager, IT Tel: +82 2 3706 8222 Email: hwlee@kmbco.com
Coordinating overall process of RFI onboarding and connectivity	Yaejin Park Senior Manager, London Branch Tel: +82 2 3706 8466 Email: kmbpyj@kmbco.com

Contact Us

Addr.: 12F 13F, YoungPung Bldg, 41, Cheonggyecheon-ro, Jongno-gu, Seoul 110-752
Tel.: 02-3706-8200
Fax.: 02-3706-8280
E-mail: kmb_master@kmbco.com