In today’s briefing:
- Korea FSC Omnibus Rollout Dropped Today: Key Backdrop & Trade-Relevant Angle

Korea FSC Omnibus Rollout Dropped Today: Key Backdrop & Trade-Relevant Angle
- FSC confirms December rollout; beyond procedural cleanup, this structural shift in flows brings small-to-mid shops and offshore retail, creating new order patterns in the local market.
- Omnibus accounts aggregate orders under one broker, blurring classic smart-money signals, slowing local retail follow-ons, and creating wider price-action gaps in the order book.
- MSCI volatility trades also require attention; the omnibus rollout will likely intensify flows as new accounts follow major institutions, impacting the Korea sleeve short-term.
