Korea Exchange to embark on after-market stock trading starting next Mon.
SEOUL, Sept. 9 (Yonhap) -- The Korea Exchange (KRX) said Wednesday it will begin...
SEOUL, Sept. 9 (Yonhap) -- The Korea Exchange (KRX) announced plans to introduce an after-market trading session beginning the following Monday, allowing investors to trade stocks for four hours following regular trading hours. This initiative aims to boost the market's competitiveness and expand trading opportunities for investors, according to the bourse operator.
After-market trading will take place from 4 p.m. to 8 p.m., in addition to the existing regular trading session from 9 a.m. to 3:30 p.m. Most stocks included in the Korea Composite Stock Price Index and the KOSDAQ markets will be tradable during this period, with the exception of exchange-traded funds and exchange-traded notes, due to concerns about potential market volatility.
The KRX also announced that the after-market session will be subject to daily stock price limits and market stabilization measures, such as a circuit breaker, to ensure market stability. Introducing this after-market session is seen as a significant step towards enhancing investor accessibility and raising the overall competitiveness of Korea's stock market on a global scale.
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