In today’s briefing:
- Lowering Tick Sizes for KOSPI & KOSDAQ Starting Next January
Lowering Tick Sizes for KOSPI & KOSDAQ Starting Next January
- KRX will lower the tick sizes for KOSPI and KOSDAQ starting next January to reduce actual transaction costs and increase market liquidity by attracting more high-frequency traders.
- KRX’s acceptance of the market’s long-standing demand at this point can be seen as primarily driven by the purpose of resolving the problem of reduced market liquidity.
- We need to design a setup that takes a tighter holding period of event and flow trading in the Korean local market from next year.
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