Search results for NXT
Finance
KRX to launch after-hours market, trading until 8 p.m. from Sept. 14
The Korea Exchange (KRX) will operate an after-hours market from Sept. 14, allowing real-time stock trading until 8 p.m. after the regular session ends. The exchange said it revised rules for its KOSPI and KOSDAQ markets and that 38 brokerages, representing 95.2 percent market share, plan to participate. Existing after-hours single-price trading will be abolished and replaced by continuous matching from 4 p.m. to 8 p.m.
Finance
Nextrade to introduce volatility interruption to prevent price distortions from small orders
Nextrade (NXT) will introduce a static volatility interruption in the premarket to prevent sharp price swings caused by small orders. It will also change the post-trigger process from a temporary trading halt to a call auction that collects orders to set a price. Nextrade said it revised its rules and will implement the changes from Sept. 14. The move follows recent cases of limit-up or limit-down trades on small volumes.
Finance
Goldman Sachs, CLSA join Nextrade as foreign brokers expand participation
Goldman Sachs Securities and CLSA Korea Securities will join alternative trading system Nextrade, the operator said on Aug. 31. Nextrade approved membership for Goldman Sachs Securities Co’s Seoul branch and CLSA Korea Securities on Aug. 28. The two firms plan to complete procedures, including building a smart order routing system, within this year before starting trading. Nextrade’s member brokerages increased to 38.
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Finance
Brokerage boom lifts securities units as key profit driver for financial holdings
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Finance
Black Tuesday: KOSPI breaks below 9,000 as big chip stocks tumble
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Crypto
Local elections over, but digital asset framework act still unclear
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Finance
Nextrade STO consortium cleared by FTC, steps up push for final licence
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Finance
Macquarie Securities becomes first foreign broker to join NEXTRADE
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Finance
Korea Exchange delays launch of pre- and after-market to Sept 14
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Finance
Brokerage stocks emerge as biggest beneficiaries as KOSPI extends record run
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Finance
Shinhan Investment signs MOU with NXT and seven fractional investment firms
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Finance
KDX, NXT chosen for STO over-the-counter exchange pilot; Lucentblock left out
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Finance
Nextrade adjusts trading-eligible stocks to 650 to handle surge in volume
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Finance
KRX rebuts five key issues in trading hours extension dispute
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Industry
FuriosaAI begins mass production of second-generation AI chip RNGD
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Finance
STO over-the-counter exchange stalls as Financial Services Commission delays review amid fairness row