All Entries in the "Korea" Category
KVH and Koscom to Launch Proximity Services for KRX Derivatives Trading
KVH Co. Ltd., Asia’s leading information delivery platform, and Koscom, a leading financial IT solutions provider, announced February 27 that they will offer proximity hosting services for the Korea Exchange (KRX) derivative trading customers at Koscom’s new data center in Busan. They will also offer ultra low-latency connectivity from overseas financial centers to Seoul and [...]
KRX and TSE Strengthen Relationship
On December 9, Tokyo Stock Exchange Group, Inc. (“TSE Group”) and Korea Exchange (“KRX”) signed a Memorandum of Understanding (“MOU”) to further strengthen the cooperative relationship between both exchanges. Based on this MOU, TSE Group and KRX have made the prices of stocks listed on both exchanges mutually available on their websites in order to [...]
KRX Implements Trading Fee Holidays
KRX has introduced temporary trading fee holidays (including clearing & settlement fee) through its board meeting to lessen the market participants’ trading cost and to activate the capital market activities. (1) Temporary fee holidays for the entire products listed on KRX – Exemption period (in terms of transaction days): November 1 ~ December 29, 2011 [...]
Eurex and KRX Celebrate 1 Year of KOSPI 200 Index Option Trading
On Monday September 5, 2011 the Korea Exchange and the Deutsche Bourse’s Eurex segment celebrated the one year anniversary of the latter exchanges listing of the KOSPI 200 Index Option with a Gala dinner in Seoul, Korea. The dinner held at The Shilla Hotel was attended by Michael Peters of Eurex’s Executive Board and Jin-Gyu [...]
Eurex/KRX KOSPI 200 Cooperation Achieves Milestone on its First Anniversary
Eurex and KRX announced impressive figures about the volume development and the tight spreads of the Eurex KOSPI Product over the last twelve months at a joint press briefing in Seoul September 5. Since its launch on 30 August 2010, the Eurex KOSPI Product has steadily increased its daily average volume – peaking at a [...]
Temporary Short-selling Ban on KRX Listed Securities
Financial Services Commission (FSC) of Korea has decided August 10 to temporarily ban short-selling on all securities (excluding debt securities) listed in Korea Exchange (KRX) from Aug. 10th 2011 to November 9th 2011 (for 3 months period). This short-selling ban will be effective on equity shares, ETFs, ELWs, warrants, and beneficiary certificates listed in KOSPI [...]
KRX To Advance Delivery and Payment for Settlement Securities
To enhance the settlement efficiency and member convenience, the Korea Exchange (“KRX”) and the Korea Securities Depositary would begin the settlement in KOSPI Market and KOSDAQ Market from 09:00 on the settlement date (T+2) and this will be put into effect on July 25, 2011. With the implementation of this amended procedures, the delivery of [...]
KRX : Analysis of Securities Investment by Koreans in 2010
The Korea Exchange (KRX) analyzed the number of Korean who invested in the stocks of 723 companies listed in the KOSPI Market and 1,011 companies listed in the KOSDAQ Market in 2010. 4.8 million (9.8% of total population; 19.5% of economically active population) Koreans invested in the stocks listed in the KRX Markets, showing an [...]
USD Futures Inverse ETF To Be Listed on the Korea Exchange
KOSEF USD Futures Inverse ETF, which is designed in such a way that the net asset value moves inversely with the daily return of underlying asset, USD Futures, will be listed on April 1st, 2011 on the Korea Exchange (KRX). Since the net asset value of this ETF increases when the value of Korean Won [...]
KRX Imposes Sanctions against Deutsche Securities Korea and Hana Daetoo Securities
On the basis of findings of the investigation into the causes of sudden market tumble on November 11, 2010 (the option expiry day), the Market Oversight Commission of the Korea Exchange (KRX) decided to fine the Deutsche Securities Korea (DSK) KRW 1 billion, the maximum member fine, and request the DSK to discipline its employees [...]
