Jung Eun-bo, chairman of the Korea Exchange, is giving the opening remarks at the derivatives night market briefing held in Singapore on Oct. 28. /Courtesy of Korea Exchange

The Korea Exchange noted on the 29th that it held an investor briefing in Singapore ahead of the introduction of night trading in the derivatives market in June. On the 30th, it plans to hold an investor briefing in Sydney, Australia.

This event was organized to explain the purpose and system of night trading to local investors and to establish the night market early. Singapore and Australia account for about 35% of domestic derivatives transactions and approximately 70% of foreign transactions, making them key investment regions.

About 90 people, including global investment banks and local brokers, attended the event held in Singapore the previous day. During the event, the exchange provided detailed information about the night trading system and its operational plans. In addition, it shared major projects and achievements that the exchange is pursuing for the advancement of the capital market, including the operation of the value-up program and the establishment and operation of the short selling central inspection (NSDS) system to prevent naked short selling.

The exchange plans to ensure stable market operations so that the night trading can be smoothly established. Following the event in Singapore, the exchange will hold an event to promote the night market in Sydney, Australia, on the 30th. At the Australian event, the exchange plans to focus on promoting the expanded options product lineup through its own night trading compared to the existing linked night trading.

Jung Eun-bo, chairman of the exchange, said, “The introduction of night trading by the Korea Exchange is a turning point that will elevate the competitiveness of the Korean derivatives market to a new level,” adding that “the active participation of global investors is a key factor for the early establishment of the market.”