제08회 서울국제파생상품컨퍼런스 > Forum & Conference

본문 바로가기

파이낸셜뉴스 부산파이낸셜뉴스 가이드포스트 파이낸셜뉴스재팬 fnMICE



지난행사목록

본문

 

 

Good morning ladies and gentlemen,

 

It is humbling to welcome you all to the 8th Seoul International Derivatives Conference, 

conscious of the long line of distinguished guests. In particular, I’d like to thank Kim Jong 

Chang, Governor of the Financial Supervisory Service and Hwang Kun Ho, Chairman of 

the Korea Financial Investment Association for today' welcoming remarks, and Kwon 

Hyouk Se, Vice Chairman of the Financial Services Commission and Kim Bong Soo, 

Chairman of the Korea Exchange for tomorrow's. I also thank our many sponsors for 

making this event possible.

 

The financial markets have been going through an unprecedented change after the 

2007-08 crisis. The legacy of the crisis is a cloud of uncertainty hanging over the financial 

services industry. I believe that uncertainty has to be dispelled if we are to achieve our 

broader goals for the economy: first, make financial system safer to prevent future crisis 

and second, ensure financial system that supports job creation and economic growth.

 

One of the most pressing debates is what should replace the old system when it fails 

so spectacularly. Therefore the derivatives industry suspected of causing the crisis cannot 

escape from ambitious structural reforms to be adopted. But, at the same time, the debates 

at their root involve complicated and profound trade-offs between safety and risk-taking, 

between protection for the taxpayer and returns for the economy. This is why, for all the 

difficulties we face, I am extremely optimistic about the future of the derivatives industry.

 

William Bernstein, author of the Intelligent Asset Allocator once said that “there are two kinds 

of investors, be they large or small: those who don’t know where the market is headed, and 

those who don’t know that they don’t know. Then again, there is a third type of investor – the 

investment professional, who indeed knows that he or she doesn’t know, but whose livelihood 

depends appearing to know.

 

So we take on as the theme of this year's conference, upon consultation with local 

professionals, "A New Decade: Derivatives Markets Environment and Outlook. By resolving 

the raging debates that hang over the industry, we want to free ourselves up so that we can 

focus our energies on what we should be doing: building our businesses by winning new 

clients and helping them create the prosperity that they deserve.

 

The Financial News hosted the first conference back in 2003 and it has become a much 

awaited event among people in the Korean financial market. Some of you may think this is 

not a special anniversary because it is not the 5th or 10th anniversary. However view it in 

this light. The number eight is considered particularly auspicious in Chinese culture 

because 'ba' meaning 8 sounds similar to 'fa' in 发财 [fā cái] meaning making money. We 

also like the visual aspect of the 8th anniversary because it is similar to the infinity symbol 

which is a happy thing to associate with the connection you might have. So from all of us 

here at the Financial News may not only your attendance at this conference but your business 

as well be bountiful with infinite blessings and joy!

 

Thank you.

 

 

Seong C. Gweon

President & CEO

The Financial News

첨부파일

서울특별시 서초구 강남대로 315, 파이낸셜뉴스빌딩 9층 | TEL. 02-6965-0016 | FAX. 02-6965-0000 | E-mail : 8amwon@fnnews.com
Copyright ⓒ파이낸셜뉴스. All rights reserved.