The Korea Exchange noted on the 30th that it has signed market-making contracts for 2025 with nine securities firms to enhance the price discovery function and liquidity of the stock market.
The main market for securities includes nine firms: ▲IMC ▲Daol Investment & Securities ▲Shin Young Securities ▲LS Securities ▲Mirae Asset Securities ▲Kyobo Securities ▲NH Investment & Securities ▲Meritz Securities ▲CLSA. In the KOSDAQ market, seven firms signed contracts excluding LS and NH.
These companies will provide liquidity by continuously submitting market-making bids for the contract items over the course of the next year.
The number of eligible items for market-making and the number of contract items for the next year have slightly increased compared to this year in both markets. As of the end of the year, the number of eligible items for market-making in the main securities market rose from 326 to 331, while the number of contract items increased from 309 to 313.
In the KOSDAQ market, the number of eligible items for market-making increased from 744 to 757, and the number of contract items rose from 381 to 410.
A total of 83.1% of the contract items in the main securities market and 37.3% in the KOSDAQ market have multiple market makers assigned. This is a slight decrease from last year's figures of 84.5% and 39.9%, respectively.
A transaction official said, 'We plan to continue our efforts to enhance liquidity for eligible items in the market-making category.'