Founded 1953 | Indices KOSPIKOSDAQKRX 100 | |
Key people Choi Kyung-Soo (CEO / Chairman) No. of listings 2030 (as of January 2015) Website www.krx.co.kreng.krx.co.kr CEO Chanwoo Jeong (1 Oct 2016–30 Sep 2019) Subsidiaries Koscom, Korea Securities Depository, Korea Exchange, Asset Management Arm | ||
Korea exchange opens stock market for startups
Korea Exchange (KRX) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.
Contents
Korea exchange opens stock market for startups
History
The Korea Exchange was created through the integration of Korea Stock Exchange, Korea Futures Exchange and KOSDAQ Stock Market under the Korea Stock & Futures Exchange Act. The securities and derivatives markets of former exchanges are now business divisions of Korea Exchange: the Stock Market Division, KOSDAQ Market Division and Derivatives Market Division. As of January 2015, Korea Exchange had 2,030 listed companies with a combined market capitalization of $1.2 trillion.Sustainable Stock Exchanges The exchange has normal trading sessions from 09:00 am to 03:15 pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.
On 22 May 2015, The Korea Exchange joined the United Nations Sustainable Stock Exchanges initiative in an event with the UN-SG Ban Ki-moon in attendance, as well as senior officials from UN Global Compact and UNCTAD.