Korea Exchange (KRX) said on the 16th that it formed an advisory group to introduce a segment system to the KOSDAQ market and held a kickoff meeting.
The KOSDAQ Market Division of the exchange held the first meeting of the KOSDAQ segment advisory group that afternoon.
At the meeting, officials explained the direction of operating the advisory group and the background to introducing the segment system, and heard the advisory group Commissioners' opinions.
According to the exchange, the advisory group was composed of experts from various industries, including the Korea Venture Business Association, the Korea Venture Capital Association, the investment industry, and academia.
The exchange said it will be operated as an advisory body to reflect the opinions of market participants.
Meanwhile, the KOSDAQ Market Division plans to minimize potential side effects that may arise during the process of introducing the system through ongoing discussions by the advisory group and procedures for gathering market opinions. It also said it plans to prepare the system based on a consensus among members of the capital market.