Korea Exchange appoints Song Ki-myung as new KOSPI Market Division head to spearhead September trading hours extension, leveraging his expertise in market design and ETF market development that grew the sector from 50 trillion won to over 370 trillion won since 2019.
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Korea Exchange Taps Song Ki-myung as 'Key Man' to Complete Trading Hours Extension
Korea Exchange appoints Song Ki-myung as new KOSPI Market Division head to spearhead September trading hours extension, leveraging his expertise in market design and ETF market development that grew the sector from 50 trillion won to over 370 trillion won since 2019.
Korea Exchange Chairman Chung Eun-bo confirms September 14 launch date for extended trading hours, emphasizing need for fair competition with NextTrade which now holds 35-40% market share, while dismissing concerns about further delays as minority opinions amid industry consensus on implementation timeline.
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Korea Exchange Chief Says Trading Hours Extension Cannot Be Delayed Further, Vows Level Playing Field with NXT
Korea Exchange Chairman Chung Eun-bo confirms September 14 launch date for extended trading hours, emphasizing need for fair competition with NextTrade which now holds 35-40% market share, while dismissing concerns about further delays as minority opinions amid industry consensus on implementation timeline.
Korea Exchange postpones implementation of extended trading hours starting at 7 a.m., originally scheduled for June 29, to August or September after accepting member firms' concerns about tight IT system development timeline and limited resources, particularly for small and medium-sized brokerages.
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Korea Exchange Delays 7 AM Trading Hours Extension - Accommodates Brokerages' IT System Concerns
Korea Exchange postpones implementation of extended trading hours starting at 7 a.m., originally scheduled for June 29, to August or September after accepting member firms' concerns about tight IT system development timeline and limited resources, particularly for small and medium-sized brokerages.
Korea Exchange to Introduce 24-Hour Trading System by End of Next Year
The Korea Exchange will introduce a 24-hour trading system by end-2026, expanding pre- and after-market sessions to boost competitiveness with global exchanges.
South Korea’s move to 24-hour FX trading has not increased volatility, with regular sessions proving 4% more stable than NDF markets and overnight gap volatility dropping 54%.
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Capital Market Institute Says 24-Hour FX Trading to Help Stabilize Volatility
South Korea’s move to 24-hour FX trading has not increased volatility, with regular sessions proving 4% more stable than NDF markets and overnight gap volatility dropping 54%.
Government Confirms 24-Hour FX Market Opening—Plans Offshore Won Settlement System (Comprehensive)
South Korea will open its FX market 24 hours and build an offshore won settlement system to boost foreign investor access and support MSCI Developed Markets Index inclusion.
Korea Exchange to expand night derivative trading from 5 to 10 products in June, including government bond futures, and extend trading hours to 12 hours, enhancing market accessibility and hedging opportunities for investors.
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Night Derivative Trading to Expand from 5 to 10 Products Starting June, Including Government Bond Futures
Korea Exchange to expand night derivative trading from 5 to 10 products in June, including government bond futures, and extend trading hours to 12 hours, enhancing market accessibility and hedging opportunities for investors.
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