Always-on won: dealers fret about risks in landmark shift to 24-hour trading

The article highlights an 18-year currency trading career in Seoul marked by major FX shocks, including the Lehman Brothers collapse, the post-Brexit pound plunge, and the won's sharp decline after South Korea's 2024 martial law decree. It is a retrospective on currency-market volatility rather than a new market event. The content is mainly context-setting and unlikely to move prices materially.

Analysis

The article highlights an 18-year currency trading career in Seoul marked by major FX shocks, including the Lehman Brothers collapse, the post-Brexit pound plunge, and the won's sharp decline after South Korea's 2024 martial law decree. It is a retrospective on currency-market volatility rather than a new market event. The content is mainly context-setting and unlikely to move prices materially.