이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Korean stock and fx trading hours extended by 30 min from Aug 1
- Collected
- 2016.08.01
- Distributed
- 2016.08.02
- Source
- Go Direct
The Korea Exchange on Sunday said that the nation’s stock market and gold exchange will close at 3:30 p.m, extended by 30 minutes from the current 3:00 p.m., starting Monday. The closing time for the derivates market will also be pushed back by 30 minutes to 3:45 p.m. from current 3:15 p.m. The opening times will remain the same as 9:00 a.m.
The foreign exchange trading hour will also be extended by 30 minutes to operate from 9:00 a.m. to 3:30 p.m. But the trading hours for the market linked to the Chicago Mercantile Exchange (CME) and the European Exchange (Eurex) will remain the same to operate from 6:00 pm to 5:00 a.m.
The trading hours of the government bonds and currency futures of which last trading day arrived will remain the same as to run from 9:00 a.m. to 11:30 a.m. The after-hour trading hours will be shortened by 30 minutes to run from 3:40 p.m. to 6:00 p.m., changed from current between 3:10 p.m. and 6:00 p.m.
This time change by the Korea Exchange is the first trading hour adjustment in 16 years since May 2000 when the country’s main bourse operator abolished a lunch break.
The Seoul bourse hopes that the extended trading hours will boost the trading volume on improved investment conditions for investors at home and abroad and also strengthen its global presence.
By Yong Hwan-jin
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