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KRX Surveys Brokerages on 12-Hour Trading Proposal

The survey outlines three schedule choices to align with global peers in preparation for rigorous system trials followed by regulator review.

Overview

  • KRX trading is currently limited to six hours daily, from 9 a.m. to 3:30 p.m., compared with Nextrade’s 12-hour session and growing global demand for extended hours.
  • The exchange’s survey presents three extension models: opening at 8 a.m. with a post-close session to 8 p.m., a standalone pre-market, or a combination of both.
  • After many firms missed the original July 31 deadline, the KRX extended its survey period this week to gather broader brokerage input.
  • Since its March debut, Nextrade has captured over 30% of trading volume by offering longer hours and lower fees, prompting the KRX’s review.
  • Officials say robust system testing and regulatory clearance will be necessary steps before any extended trading hours can launch.