Korea Exchange (KRX, ) is the sole securities exchange operator in
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...
. It is headquartered in
Busan
Busan (), officially Busan Metropolitan City, is South Korea's second list of cities in South Korea by population, most populous city after Seoul, with a population of over 3.3 million as of 2024. Formerly romanized as Pusan, it is the economi ...
, and has an office for cash markets and market oversight in
Seoul
Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b ...
.
History
The Korea Exchange was created through the integration of Korea Stock Exchange (KSE), Korea Futures Exchange and
KOSDAQ
The Korean Securities Dealers Automated Quotations (KOSDAQ; ) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent stock market from the Korean ...
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 December 2020, Korea Exchange had 2,409 listed companies with a combined market capitalization of ₩2.3 quadrillion KRW (US$2.1 trillion). The exchange has normal trading sessions from 09:00 am to 03:30 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
UN Trade and Development (UNCTAD) is an intergovernmental organization within the United Nations Secretariat that promotes the interests of developing countries in world trade. It was established in 1964 by the United Nations General Assembl ...
.
On 10 April 2025, the
KOSPI and
KOSDAQ
The Korean Securities Dealers Automated Quotations (KOSDAQ; ) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent stock market from the Korean ...
soared when President
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
announced that he would suspend the mutual tariffs. In response, the Korea Exchange triggered a buy sidecar for the
KOSPI market at 09:06 a.m. for the first time in eight months.
In April 2025, the Korea Exchange signed a contract with the
Thai Stock Exchange to supply the system for liquidation and settlement. A source at the exchange said it expects the deal to further strengthen the position of the Korean stock market infrastructure in Southeast
Asia
Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...
.
Traded instruments
;KOSPI Market Division
* Stocks
* Bonds
*
Exchange-traded fund
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or comm ...
s (ETFs)
* Exchange-Linked Warrants (ELWs)
*
Real estate investment trust
A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...
s (REITs)
;KOSDAQ Market Division
* Stocks
;Derivatives Market Division
* Index Instruments:
KOSPI 200 Index Futures, KOSTAR Futures, KOSPI 200 Index Options
* Single Stock Futures
* Equity Options
* Interest Rate Instruments: 3-Year KTB (Korea Treasury Bond) Futures, 5-Year KTB Futures, 10-Year KTB Futures
* Foreign Exchange Instruments: USD Futures, JPY Futures, EUR Futures, USD Options
* Commodity Instruments: Gold Futures, Mini-gold Futures,
Lean Hog Futures
Trading hours
Quotations are quotes submitted by the Members on behalf of their customers and are submitted to the Exchange only during Quotation Receiving Hours.
Trading days in KRX KOSPI markets are from Monday through Friday and no trading or settlement is made on the following days:
* Holidays according to government regulations (which includes Sundays, National Election days, etc)
* Labor Day (May 1st)
* Saturdays
* December 31st when it's a holiday or a Saturday, otherwise the previous business day closest to December 31st
* Certain days deemed necessary by the KRX due to market conditions.
See also
*
Korea Financial Investment Association
*
List of East Asian stock exchanges
This is a list of Asian stock exchanges.
In the Asian region, there are multiple stock exchanges. As of 2025, the top 10 major stock exchanges in Asia as per market capitalisation are listed below.
* Shanghai Stock Exchange, China
* Tokyo St ...
*
Korea discount
*
CCP Global
CCP Global (CCPG) is a global body that brings together central counterparty clearing houses (CCPs) from the world's major jurisdictions.
Overview
CCP Global was originally formed in 2001 as an informal group named CCP12 by twelve founding CCPs ...
References
External links
Korea Exchange Website
Stock exchanges in South Korea
Futures exchanges
Financial services companies established in 1953
Companies based in Busan
1953 establishments in South Korea
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