The South Korean government is planning to establish a systematic illegal short selling monitoring system before March next year. The monitoring system is likely to start in the form of real-time short selling price display by stock and turn into an overall monitoring system showing various short se
The Financial Services Commission announced on Nov. 11 that it would lift its temporary short selling ban on March 15 next year as previously scheduled and that the expiration of the ban would be applied to every stock regardless of the market cap.Earlier, the Financial Supervisory Service said last
The Market Oversight Commission of Korea Exchange announced on Oct. 28 that it has initiated a special supervision procedure with regard to market makers’ compliance with rules related to short selling.The inspection is a part of the measures that the Financial Services Commission released on Oct. 1
Korea Exchange (KRX) has expanded the number of stocks covered by its market-making system from the current 82 to 500 to make the Seoul bourse more liquid.Under the market-making system, securities firms appointed by Korea Exchange as a market maker continuously post bid and ask prices of the assign