The Korea Exchange said it held an emergency market inspection meeting on the morning of the 16th.
During the meeting, they urgently reviewed the financial market situation and outlook for domestic and foreign stock markets following the passing of the presidential impeachment motion.
Additionally, the exchange decided to establish a market operation emergency response committee to prepare for potential increases in market volatility and ensure stable market operations.
The committee will be chaired by Director Jeong Eun-bo and will consist of the heads of the market surveillance committee, and the heads of transaction, precious metals, KOSDAQ, derivatives, clearing and settlement, and future business divisions.
The committee will continue to closely monitor domestic and foreign market trends and the flow of funds around the stock market. Based on close cooperation with relevant authorities, it plans to significantly strengthen market surveillance against unfair transactions that take advantage of uncertainties in the stock market and respond severely if violations are detected.