Korea Exchange to extend trading until 8 pm
The Korea Exchange (KRX) will launch an after-market trading session on Sept. 14, allowing investors to trade stocks in real time until 8 p.m. after the regular market close. The move is aimed at expanding trading opportunities for domestic investors and responding to moves by major U.S. exchanges to extend trading hours, the bourse operator said Wednesday. Under the current system, which will be…
The Korea Exchange (KRX) plans to introduce an after-market trading session starting September 14, allowing investors to trade stocks in real time until 8 p.m. following the regular market close, according to a report on Wednesday. The bourse operator stated that this move aims to expand trading opportunities for domestic investors and address actions taken by major U.S. exchanges to extend trading hours.
The current system will be phased out, replacing it with continuous trading between 4 p.m. and 8 p.m. Under the new system, trades will be executed in real time whenever buy and sell orders match, as opposed to the existing 10-minute intervals with a single price auction mechanism.
For initial considerations, exchange-traded funds (ETFs) and exchange-traded notes (ETNs) will be excluded from trading amid potential market volatility. The KRX intends to review the inclusion of these instruments after evaluating market stability and liquidity. To maintain order in the trading process, only limit orders will be permitted, while market orders will not be accepted. The daily price limits imposed during regular trading hours will remain in place during this extended session as well.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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