GTN and Koscom Partner to Launch Global Order Hub for Korean Markets
Seoul-based IT infrastructure provider Koscom has teamed up with global fintech firm GTN to develop a centralized gateway for Korean securities houses. The project aims to consolidate access to more than 90 international markets, streamlining order routing and trade execution for financial institutions across the country.
The agreement, finalized on June 15, positions GTN as the primary counterparty for global market connectivity, while Koscom integrates the infrastructure into its existing capital markets framework. Koscom, which is backed by the Korea Exchange, selected GTN for its ability to handle multi-asset trading across diverse regulatory environments, a capability already utilized by over 500 institutions globally.
"This project will strengthen the stability of global trading for Korean securities firms and expand their reach," said Koscom CEO Yoon Chang-hyun. While domestic firms maintain established access to US exchanges, the new hub intends to remove friction when trading across the remaining 90-plus markets and eight asset classes supported by GTN.
Beyond basic order routing, the partnership is set to expand through an existing memorandum of understanding with the fintech firm QV Labs. This collaboration will incorporate advanced value-added features, such as transaction cost analysis and localized investment intelligence. The move marks a significant expansion for GTN in the Asia-Pacific region, following its recent regulatory licensing in Hong Kong and the strengthening of its Singapore operations.
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