|kind of trading
||applicable only to the day (T+0) of trading
|settlement between investors and bonds company
|Time limit of settlement by bonds or cash
- By 16:00 of settlement date
- In case of registered bond, registration notice or registration certificate shall replace selling
bonds, and required documents for the change of registration shall be attached.
|Collection of commission for consignment
||If trading is made through consignment of selling or buying from an investor, a member company shall collect commission according to the rates reported to the KRX.
|settlement by a member
|Time limit of settlement
||by 16:30 of settlement date
- A member has to make a payment to settlement agency prior to time limit after deducting selling
bonds & buying money respectively.
- Settlement of foreign currency bond shall be made in KRW conversed by basic rate on the
settlement date according to Foreign Exchange Control Regulation.
|Payment by substitutive means
||If is impossible to pay due to defective bonds, selling small-lot bond, foreigner’s selling or selling items with low liquidity, it may be replaced by substitutive certificate issued by the KRX.