This is a system to provide additional trading opportunities to investors, after-hours and for some time prior to opening time, at the closing price of the day subject to application of time priority principle.
Following are details of off-hours closing price trade.
| Classification | Details |
|---|---|
| Subject | Stock Certificate, ETF, ETN, KDR(Excluding unexecuted issues of the day) |
| Trading Hours | 08:30~08:40, 15:40~16:00 (30 minutes) |
| Quotation Receiving Hours | 08:30~08:40, 15:30~16:00 (40 minutes) |
| Executed Price | Closing price of the day(after market closing), closing price of previous day(before market opening) |
| Type Of Order | Order at closing price |
| Execution Of Trading | Application of time priority rule |
| Revision, Withdrawal | Impossible to revise order price possible to revise quantity or cancel prior to execution of trading |
| Trading Unit | 1 share |
- After-market is a market that provides additional trading opportunities beyond the regular session, allowing trading to be conducted after the close of the regular session via the continuous auction method within the daily price limit range applicable to that day. The key features of After-market are as follows.
| Classification | Details |
|---|---|
| Eligible Markets | KOSPI, KOSDAQ |
| Subject | Equities, foreign equities, DRs, REITs, SICs, Investment Companies, Infrastructure Funds |
| Ineligible Securities | Securities requiring strict market management(Issues Subject to Periodic Call Auctions(30 min), Untraded Issues(during the regular session of the day), Suspended Issues, Administrative Issues, Investment-alert Issues, Investment-risk Issues, Abnormal Volatility Issues, Ultra-low Liquidity Issues etc) |
| Trading Hours | 16:00~20:00(240min) |
| Quotation Receiving Hours | 16:00~20:00(240min) |
| Method of Trading | Continuous Trading |
| Range of Fluctuation | Closing price of the previous day ± 30% |
| Type of Order | Limit, Best Limit, and Immediately Executable Limit Orders |
| Trading Unit | 1 Share |