Paul Lee Reporter
hoondork1977@alphabiz.co.kr | 2025-08-19 04:47:10
[Alpha Biz= Paul Lee] Seoul, Korea – August 19, 2025 – NEXTRADE (NXT), Korea’s alternative trading system (ATS) launched in March to enhance competition with the Korea Exchange (KRX), announced that it will temporarily suspend trading of certain stocks to comply with regulatory limits on market share.
In total, 79 stocks will be affected. From August 20 to September 30, trading of 26 stocks will be suspended, followed by 53 additional stocks from September 1 to September 30. The suspension applies to all trading sessions, including the pre-market (8:00–8:50 a.m.) and after-market (until 8:00 p.m.).
Under Korea’s Capital Markets Act, an ATS cannot exceed 15% of the national market’s average daily trading volume over a six-month period. With NEXTRADE’s average daily trading volume reaching 14.4% of the KRX’s volume as of mid-August, the platform has taken preemptive measures to avoid breaching the threshold next month.
NEXTRADE noted that the suspension period may be extended, or additional stocks could be added, depending on market conditions.
[ⓒ 알파경제. 무단전재-재배포 금지]