- Trading Hours
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It is from 09:00 to 15:30 everyday except holidays and Saturday. The holidays include national holidays, Labor Day and one day at the end of the year.
- Quotations
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The type of quotation (order) is a limit order. In other words, an investor trades at the designated price or lower price for a bid limit order while trading at the designated price or higher price for an ask limit order. The quotation receiving hours is from 08:30 to 15:30. Quotation price units (or tick size), quotation quantity units and trading units are classified below as per domestic bond and foreign bond.
Classification Domestic Bonds
(Incl. equity-related bond)Foreign Bonds Quotation Price Unit
(Tick Size)Remaining to Maturity of Bonds 10 years or longer KRW 1 1 point 2 years or longer,
but shorter than 10 yearsKRW 0.5 0.5 point Shorter than 2 years KRW 0.1 0.1 point Quotation Quantity Unit Face value KRW 10,000 10,000 point Trading Unit Face value KRW 1,000 10,000 point - Restriction of Submitting Quotations
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Though daily price limits are not applied, excessively priced quotations as below are not allowed to be put into the trading system to prevent errors by operators:
- Restriction on buying orders
- Quotations that higher than 130% (or 150% as for equity-related bonds) of the base price*
- Restriction on selling orders
- Quotations that lower than 70% (or 50% as for equity-related bonds) of the base price*
* Base price: Previous day's closing price (When the closing price is not available, a mark-to-market price is used.)
