Trading method

In the KRX Gold market, as in the stock market, trades are executed by the competitive trading method according to the priorities of price and time. In case of call auction to determine the opening and closing prices, however, orders are matched according to the priorities of price, purpose of trading and time.


Priority of trading purpose: when the prices of orders are the same, the orders from physical gold dealers who trade for industrial purposes has the priority over others.

Trading methods of the KRX gold market
Call auction
  • This method of trading collects offers and bids for a certain period of time to execute the trades at a price where most offers and bids can matched.
  • This method is applied in determining the opening prices and closing prices.
Continuous trading
  • The continuous trading is a method where trades are immediately executed when received.
  • This method is applied to trading sessions during off-call auction sessions