Korea Exchange (KRX) said on the 25th that it will postpone the listing of weekly options on single stocks that had been scheduled for the 29th.
Weekly options refer to options that expire every week. Until now, weekly options had been allowed only for stock indexes, but the exchange and the financial authorities have been pushing to expand them to single stocks to develop a wider range of products.
They will be based on four underlying stocks: Samsung Electronics, SK hynix, Hyundai Motor, and LG Energy Solution.
The exchange said, "Considering recent market conditions, we decided to postpone the listing to ensure stable market operations and the smooth adoption of the product," and noted that it "plans to list it after taking into account future market conditions and overall readiness."