In today’s briefing:
- KRX Introduces Market Orders for Single Stock Futures: Potential Trading Impacts
KRX Introduces Market Orders for Single Stock Futures: Potential Trading Impacts
- KRX notified local brokerages last week about allowing market orders for single stock futures (SSF) from April. Currently, 192 SSFs are listed.
- Anticipating short-term effects, heightened frequency and impact of erroneous orders may cause spot market confusion. KRX plans real-time bid disclosure for SSFs to prevent price distortions.
- Nonetheless, we will likely observe SSF price volatility surges. Real-time bid exposure could exacerbate volatility due to premature information revelation. Preemptive position setups considering these factors are advised.