On August 7, it was announced that the Korea Exchange will officially start after-hours trading for exchange-traded funds (ETFs) on September 14. The Korea Exchange aims to compete with alternative trading systems like Nextrade and all-weather cryptocurrency exchanges. In response, asset management institutions have warned that the lack of real-time net asset value estimates could widen the price deviation of ETFs; the industry had previously called for the Korea Exchange to postpone the launch of this service. Individual stock leveraged ETFs will not be included in the after-hours trading scope.
All Comments