Seoul, March 4, 2025 (AFP) - Second stock exchange opens in S. Korea, ending 70-year monopoly

NAMPA / AFP

2025-03-04

A second stock exchange opened in South Korea Tuesday, where consumers will eventually be able to trade top tech stocks like Samsung and SK hynix, ending a longstanding monopoly. The Korea Exchange, founded in 1956, has been South Korea's sole securities exchange for nearly seven decades, until the new secondary stock trading platform named Nextrade opened Tuesday at 10:00 am (0100 GMT). The move "is expected to enhance market accessibility and......

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