- Products tradable for Night Session
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The scope of products tradable for night session includes 10 products with high liquidity in regular trading as follows:
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<Products for Night Session> Category Products Equity Derivatives Futures KOSPI 200 Futures, Mini-KOSPI 200 Futures, KOSDAQ 150 Futures Options KOSPI 200 Options, Mini-KOSPI 200 Options,
KOSPI 200 Weekly Options (Monday, Thursday), KOSDAQ 150 OptionsFICC Derivatives - US Dollar Futures, 3-Year KTB Futures, 10-Year KTB Futures -
KRX will continue to expand the number of products tradable for night session in consideration of market conditions following the launching of night session.
- Trading Hours
Night session in the KRX derivatives market is conducted for a total of 12 hours from 6 PM to 6 AM the next day, and quote receipt for opening call begins 10 minutes earlier, at 5:50 PM.
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17:50~18:00 18:00 18:00~5:50 5:50~6:00 6:00 Quote Receipt for Opening Call Opening Call Auction Continuous Auction Quote Receipt for
Closing CallClosing Call Auction - Trading Days
- The trading day of night session is the determined based on the end time of the night session. In other words, the trading concluded in the night session that starts today (T) at 6 PM and ends tomorrow (T+1) at 6 AM is considered as the trading concluded tomorrow (T+1) together with trading concluded in regular session tomorrow (T+1).
- Trading Holidays
The night session holiday is determined based on the start time of night session. As night session is scheduled from Monday to Friday, if the night session's start date falls on a holiday (weekend, public holiday, etc.), that day's night trading is canceled. Conversely, even if regular session is closed tomorrow, night session is proceeded as scheduled if regular session is conducted today.
- Listing of New Derivatives Product and Last Trading Day
Based on the trading day standard of T+1, listings of new expiry month contracts or addition of new options exercise prices take place first in the night session. In addition, derivative products that have reached their last trading day are traded only until the end of regular session, and new expiry month contracts are listed and traded from the night session that begins on that day.
Exceptionally, the listing and trading of a product that is first introduced to the derivatives market begin from the regular session. This is because sufficient preparation and testing period is required prior to listing for new products.