Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Today, Korean Regulators Unveiled an Electronic System Aimed at Blocking Naked Short-Selling

Big Fines on Foreign Investment Banks for Naked Short Selling in Korea - Implications

Key Timing Window for a Surge in Block Deals Before Pre-Disclosure Takes Effect in July

A Comprehensive Update on Implementation of Block Deals Pre-Disclosure in Korea

Important Rule Changes in Block Deals Pre-Disclosure in Korea: Analyzing Trading Dynamics

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

Korea Stock Exchange KOSPI 200 / Event-Driven

Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY)

<ul>
<li>Insiders must disclose transaction details, complete deals within 30 days, limit deviations to 30%, and submit disclosures 30 days before transactions.</li>
<li>Financial investors, including institutional ones, are exempt. This encompasses local pension funds (including NPS) and foreign financial investors. Deals under 1% of total shares and less than ₩5B are exempt.</li>
<li>Confirmation of the timeline indicates many block deals before July. We should hunt potential deals for proactive setups. Also, we should monitor basis widening in futures due to short-selling ban.</li>
</ul>


Insiders must disclose transaction details, complete deals within 30 days, limit deviations to 30%, and submit disclosures 30 days before transactions.
Financial investors, including institutional ones, are exempt. This encompasses local pension funds (including NPS) and foreign financial investors. Deals under 1% of total shares and less than ₩5B are exempt.
Confirmation of the timeline indicates many block deals before July. We should hunt potential deals for proactive setups. Also, we should monitor basis widening in futures due to short-selling ban.


Confirmed: Conditions & Schedule of Block Deals Pre-Disclosure Rules in Korea