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KRX Probing 2 Foreign Brokerages for Improperly Affecting Stock Prices

KRX Probing 2 Foreign Brokerages for Improperly Affecting Stock Prices

SEOUL, Nov. 23 (Korea Bizwire) — South Korea’s bourse operator has launched a probe into two foreign brokerages on suspicions that they might have improperly affected stock prices through massive trading ahead of a global index rebalancing last year, market sources said Wednesday. The Korea Exchange (KRX) is looking into whether those firms — Morgan [...]