short selling Archives | Be Korea-savvy
Turnover of KOSDAQ Market Tumbles on Resumed Short Selling

Turnover of KOSDAQ Market Tumbles on Resumed Short Selling

SEOUL, May 10 (Korea Bizwire) — South Korea’s minor bourse saw its turnover recently plunge below the 10 trillion-won (US$8.98 billion) mark following a partial resumption of short selling, data showed Monday. The daily turnover of the tech-heavy KOSDAQ market averaged about 8.8 trillion won over the last five sessions, far lower than the April [...]

S. Korea Set to Partially Lift Ban on Stock Short Selling After 14 Months

S. Korea Set to Partially Lift Ban on Stock Short Selling After 14 Months

SEOUL, April 29 (Korea Bizwire) – South Korea’s financial regulator is set to partially lift its ban on short selling of listed stocks starting next week, about 14 months after it imposed it to cope with a stock market rout triggered by the COVID-19 pandemic. Although retail investors have urged financial authorities to prohibit the [...]

S. Korea to Monitor Market Volatility Sparked by Investors’ Herd Behavior

S. Korea to Monitor Market Volatility Sparked by Investors’ Herd Behavior

SEOUL, Feb. 2 (Korea Bizwire) — South Korea will closely monitor a potential increase in market volatility as investors’ herb behavior, illustrated in the U.S. GameStop case, could frequently occur, the vice finance minister said Tuesday. Global stock markets recently underwent high fluctuations after retail investors snapped up shares of U.S. video game vendor GameStop, [...]

Short Selling Revisited on Retail Investors’ Increased Sway

Short Selling Revisited on Retail Investors’ Increased Sway

SEOUL, Feb. 1 (Korea Bizwire) — Amid fanfare over a stock bull run, South Korea’s financial regulator is in a tight spot over whether to allow short selling as scheduled in March as more retail investors have demanded an outright ban on the trading tactics for a level playing field with institutional investors. With the [...]

Majority of Illegal Short Sellers are Foreigners, but Fines are Negligible

Majority of Illegal Short Sellers are Foreigners, but Fines are Negligible

SEOUL, Oct. 13 (Korea Bizwire) — A majority of investors who were discovered to have committed illegal short-selling turned out to be foreigners. However, the amount of fines levied on them was negligible. According to an analysis of the data that Rep. Kim Byung-wook from the ruling Democratic Party received from the Financial Services Commission, [...]

S. Korea to Tighten Rules on Stock Short Selling amid Market Rout

S. Korea to Tighten Rules on Stock Short Selling amid Market Rout

SEOUL, March 10 (Korea Bizwire) — South Korea’s financial authorities said Tuesday they will tighten regulations on stock short selling as part of market stabilization measures amid increased fluctuations sparked by the outbreak of the new coronavirus and a slide in global oil prices. Finance Minister Hong Nam-ki said the government will temporarily ease its [...]