KOREAN REBUBLIC: KRX Implementation of Single Price Auction for Super Low Liquidity Issues&nbsp

Wednesday March 2 2016

News Source: Global Exchanges

Focus: Trading Rules

Type: General

Country: Korean Republic

Link: https://global.krx.co.kr/contents/GLB/02/0203/0203000000/GLB0203000000.jsp#ab8758eced0475769e200e7e309baf77=1&view=20426

The Korea Exchange (KRX) has announced that it plans to change the trading method for super low liquidity issues during the regular trading hours from continuous trading with multiple prices to the single price auction with 10 minute intervals in order to improve the convenience of trading.

The above will be implemented on 27th June 2016.

Click on the link above for further details.