SEOUL, Jan 2 (Reuters) - State Street Bank & Trust Company of Hong Kong participated in USD/KRW interbank trading with South Korea's KEB Hana Bank on Tuesday, sources familiar with the deal said.

For the first time, South Korea opened its U.S. dollar-won market to foreign financial institutions under a pilot program from Tuesday.

(Reporting by Yena Park, Cynthia Kim; Editing by Muralikumar Anantharaman)