Korea Exchange
Tel: 82 51 662 2000
Fax: 82 51 662 2277
Representatives
Chairman and Chief Executive Officer: Mr. Bongsoo Kim
Director, International Affairs : Mr. Oh-Hyun Kwon
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Types of Securities Traded |
Name of Trading Systems (cash and derivatives) |
Trading Hours |
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Shares |
EXTURE |
9:00 - 15:00 |
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ETFs |
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9:00 - 15:00 |
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Warrants |
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9:00 - 15:00 |
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ELW |
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9:00 - 15:00 |
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Bonds(Gov. Bond, Corp. Bond, CB, BW, REPO) |
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9:00 - 15:00 |
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Mutual Funds(REITs, Ship Investment Co.) |
9:00 - 15:00 |
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Interest Rate Products |
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KTB Futures (3-year) |
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9:00 – 15:15 |
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KTB Futures (5-year) |
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" |
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LKTB Futures (10-year) |
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" |
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Index Products |
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KOSPI 200 Futures |
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9:00 - 15:15, 18:00 – 05:00(+1) |
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KOSPI 200 Options |
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9:00 - 15:15, * Last trading day |
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STAR Index Futures |
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" |
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Equity Products |
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Single Stock Futures |
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9:00 - 15:15 * Last trading day |
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Single Stock Options (Equity Options) |
“ |
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Currency Products |
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US Dollar Futures |
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9:00 - 15:15 * Last trading day |
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Japanese Yen Futures |
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" |
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Euro Futures |
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" |
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US Dollar Options |
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" |
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US Dollar Flex Futures |
9:10 – 14:55 |
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Commodity Products |
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Gold Futures |
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9:00 - 15:15 |
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Mini Gold Futures |
9:00 - 15:15 |
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Lean Hog Futures |
10:15 – 15:15 |
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Supervisory Body
Financial Supervisory Commission (FSC)
Financial Supervisory Service (FSS)
Name of Clearing & Settlement Organization
KRX
Settlement Cycle
Securities, ETF, ELW : T + 2
Bond : T
Derivatives :T + 1
Name of Central Securities Depository
Korea Securities Depository (KSD)
Commissions on Transactions levied by Exchange
Securities: 0.004446%
Bond, ELS: Nil
Government Bond: 0.0001710%
REPO: 4,000KRW+0.000024%*period
KOSPI 200, Star Index Futures: 0.0004104% per Trading Value both transaction and final settlement
Single Stock Futures: 0.002565% per Trading Value both transaction and final settlement
Government bond, Interest rate, Lean hog Futures: S(265KRW), C(304KRW) per 1 contract on transaction and final settlement
Gold Futures: S(265KRW), C(304KRW) per 1 contract on transaction and S(532KRW), C(608KRW) per 1 contract on final settlement
USD, Yen, Euro Futures: S(53KRW), C(60KRW) per 1 contract on transaction and S(106KRW), C(121KRW) per 1 contract on final settlement
KOSPI 200 Option: 0.0171% per Trading Value on transaction and settlement (upon exercise/allocation)
Single Stock Option: 0.0171% per Trading Value on transaction and 0.004446% per Trading Value on settlement (upon exercise/allocation)
USD Option: S(0.0152%), C(0.01824%) per Trading Value on transaction and S(106KRW), C(121KRW) per 1 contract on settlement (upon exercise/allocation)
Taxes on Dividends, Interests
Dividends: Nil~15.4%
Interest: 15.4%
Capital Gains: Nil
2011 Share ownership thresholds (%)
5%
Short selling (Yes / No)
Yes
Short selling conditions (if any)
No naked short selling, uptick rule*
*exceptions: index arbitrage, basis trading, ETF, Depository Receipt arbitrage, liquidity provider(for securities, ELW, ETF)’s quotation to provide liquidity, liquidity provider’s shorting on underlying asset, market maker(for derivatives market)’s shorting on underlying asset