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Finance

Macquarie Securities becomes first foreign broker to join NEXTRADE

Macquarie Securities will join NEXTRADE as its first foreign securities firm member. NEXTRADE said on Tuesday it approved Macquarie Securities\' membership, bringing the total number of member brokers to 34. Macquarie Securities plans to participate first in NEXTRADE\'s pre-market and after-market in the third quarter, then complete preparations for smart order routing by the fourth quarter to join the main market.

Finance

Korean stock market enters new era as KOSPI touches 5,000

South Korea\'s stock market reached the milestone KOSPI 5,000 level in intraday trading for the first time, powered by a semiconductor upcycle and robot-related momentum, while politicians pushed support measures such as tax benefits. The index later closed below 5,000. Samsung Electronics and SK Hynix led gains, and brokerages raised targets, though analysts flagged limited earnings improvement beyond chips and growing concentration in a few stocks.