View of the Korea Exchange in Yeouido, Seoul. /Courtesy of News1

The Korea Exchange announced on the 14th that it will sponsor fundamental research on securities and derivatives and carry out the 'KRX Securities and Derivatives Academic Research Support Project' to develop the domestic capital market.

The exchange has sponsored a total of 109 creative and practical related research projects through this support project since 2015.

Through this year's project, the exchange will select up to 11 support subjects and provide research funds of up to 10 million won per project if they meet the requirements, such as publication in major academic journals. A total prize of 23 million won will be awarded, including 7 million won for one grand prize, 5 million won for two excellence awards, and 3 million won for two encouragement awards.

The project targets members of academic societies related to securities and derivatives, financial industry workers, researchers, master's and doctoral students, and other financial professionals. Supporters will choose designated topics presented in advance by the exchange, such as analyzing the impact of the 'Value Up program on individual corporations and the resolution of Korea's stock market undervaluation' and 'Development plans for the token securities market.'

The support period is until September 19, and the final thesis submission deadline is until October 16 of next year. For more details, please refer to the Korea Exchange Securities and Derivatives Research Center website.

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