Korea Exchange (KRX) said on the 17th that it will postpone the implementation date of the securities market pre- and aftermarket from the originally planned June 29 to Sept. 14. It is a delay of about three months.
The exchange explained that it was a measure taken to accept the securities industry's view that it is necessary to improve the completeness of system development for extended trading hours and to secure sufficient testing time.
Accordingly, the mock market, which was scheduled to open this month and operate for about 15 weeks, will instead start early next month and run for about 23 weeks.
The exchange said it plans to promptly push ahead with the advancement of capital market infrastructure, including the extension of trading hours, to enhance the international consistency and competitiveness of Korea's capital market.