Korea Exchange (KRX) is pursuing an artificial intelligence innovation (AX) strategy as part of preliminary work to introduce a 24-hour trading system. To this end, it is reviewing various options, including acquiring artificial intelligence (AI) startups.
On the 14th, the exchange said in a press release that it is preparing AI innovation (AX) to integrate AI technology into market management operations, recognizing that AI technology is a core strategy that will determine the overall competitiveness of Korea's capital market.
The exchange plans to promote AI-based automation of market operations to respond to changes in the market environment, such as the introduction of a 24-hour trading system going forward, and through this to enhance efficiency and productivity across market management, including corporate disclosures and market surveillance.
It also noted that, to diversify revenue, it will actively use AI technology in the information business, including the development of commercial indexes and unstructured data products.
A Korea Exchange (KRX) official said, "As one option to achieve this, we are reviewing various measures, including acquiring AI startups, but nothing has been finalized yet."