Nextrade captures nearly 30% of the South Korean stock market trading share, regulatory review of ATS limit.

2025-10-20 01:13:53

Abstract generation in progress

PANews, October 20th news, according to Bloomberg, the new ATS exchange in South Korea, Nextrade, has captured nearly 30% of stock trading volume within months of its launch, with some individual stocks (such as Doosan Enerbility) trading more on this platform than on the Korea Exchange (KRX). Nextrade offers 12-hour trading and lower fees, with retail investors accounting for 86% of the trading volume, and foreign investment participation rising to 11%. Due to regulations limiting individual stocks and total volume to 30% and 15% respectively, the regulator has temporarily lifted the individual stock limit, but the total volume limit remains. Nextrade has suspended trading for nearly 150 stocks for compliance purposes; KRX has been forced to consider extending trading hours. ATS is short for “Alternative Trading System,” which is commonly translated into Chinese as 替代交易系统. It connects buyers and sellers for matching trades, providing more flexible timeframes and fees, but typically does not undertake functions such as IPOs that are common to traditional exchanges.

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