Tuesday January 6 2015
News Source: Global Exchanges
Focus: Other
Type: General
Country: Korean Republic
Link: http://eng.krx.co.kr/coreboard/BHPENG09004/download.jspx?type=view&bbsSeq=20159&attachFileSeq=1
The Korea Exchange (KRX) has issued a list of the major institutional changes to impact the KRX Securities and Derivatives markets in 2015.
The following institutional changes are listed:
- Expansion of daily price limit in the stock market (1st half 2015)
- Introduction of market making system for low liquidity issues (1st half 2015)
- Improvement in the price range of quotes for treasury stocks (1st half 2015)
- Provision of more market data (1st half 2015)
- Opening of new derivatives market to strengthen the capital market dynamics (Derivatives, In 2015)
- Provision of risk management tools for the capital market (Derivatives, In 2015)
- Reinforced investor protection in derivatives market (Derivatives, Dec 29, 2014)
- Improvement in price stability (Derivatives, 1st half 2015)
- Change in quotation unit (Derivatives, 1st half 2015)
- Exemption of the Securities Transaction Tax for derivatives market makers (1st half 2015)
- Reprioritization of financial resources for resolving settlement failure (after law amendments)
- Launch of Carbon Emission Rights (CERs) market (Jan 12, 2015)
Click on the above link for further details.