News
Korea Securities Depository (KSD) announced on January 31 that a total of 4.935 quadrillion won of securities settlement was made through KSD in the Korean stock market last year. The daily average was 19.8 trillion won.
The amount had increased continuously between 2008 and 2011, from 2.854 quadrillion won to 3.560 quadrillion, 4.348 quadrillion and 4.924 quadrillion won. However, the total increased just 0.2% from a year earlier in 2012.
When it comes to securities settlement, the market clearing amount decreased 16.4%, or 23 trillion won, during the same period and the institution settlement dropped by 437 trillion won, 69.3% down. As far as the bond settlement amount is concerned, the market clearing amount increased by 102 trillion won (50.5%) owing mainly to government bond transaction on exchange and CP transaction and the institution settlement increased 369 trillion won (9.3%).