NEXTRADE (NXT) said on the 22nd that the number of securities firms participating in the main market (9 a.m.–3:30 p.m.) as well as the pre-market (Pre-Market, 8–8:50 a.m.) and after-market (After-Market, 3:40–8 p.m.) will increase from 19 to 31.
Starting on the 27th, nine firms that had only taken part in the pre- and after-markets—DAOL Investment & Securities, BNK Investment & Securities, BOOKOOK Securities, Shinyoung Securities, IBK Securities, iM Securities, Kakao Pay Securities, CAPE Investment & Securities, and Hanyang Securities—will also participate in main market transactions.
In addition, three firms—Sangsangin Investment & Securities, Leading Investment & Securities, and Heungkuk Securities—will newly join all NEXTRADE (NXT) markets.
Since its launch in March, NEXTRADE (NXT) temporarily allowed participation only in the pre- and after-markets, taking into account each securities firm's preparation period. Going forward, new NEXTRADE (NXT) members will not be allowed to participate in only some markets and will be required to broker transactions across all markets.
NEXTRADE (NXT) CEO Kim Hak-su said, "As the number of securities firms participating in NEXTRADE (NXT)'s overall transactions increases, positive effects such as expanded choices for investors and reduced transaction expenses will occur," adding, "Further expansion of sustained transaction participation by global players is expected."