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You work at an investment company in China and your customer (also from China) says to you 1 am invested in Korean stocks but I'm
You work at an investment company in China and your customer (also from China) says to you "1 am invested in Korean stocks but I'm worried about broad market movements in the Korean stock market, I want to eliminate the risk cheaply and quickly. I'm also worried about foreign exchange risk because I will convert my Korean investments which are in Korean won (KRW) back to Chinese yuan (CNY) in the future". Describe a strategy using futures that would help your customer to reduce risk? (Answer word limit - 60 words)
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