The margin trading system is introduced in the financial newspaper goyounghun Korea News] September the stock market. Those securities shall pay a one trading day average trading margin of 220 billion won. Target is expected to be one margin to the shrine daily average of 51 companies will be 43 billion.
Korea Exchange said that 21 days is the introduction of margin trading system for international securities market integrity and enhance the strengthening of central authority oxygen stability, payment (CCP) clearing settlement system. Reorganization also substitute securities evaluation system to be implemented in September this year.
Gimdoyeon exchange derivatives market chief sees "decided the trial period, considering the IT system development schedule in the bylaws" and "was amended last year, securities markets and derivatives markets, business regulations, conducted a 20 days membership executives destination session," he said.
Securities margin trading is introduced in the domestic derivatives market transition payments with the United States and overseas major markets such as the UK, Japan dambogeum to deposit the CCP.
Capital market law has to see Kim Director and member companies required to deposit on exchange margin trading of securities markets, IMF also explained that pointed out the lack of a system of margin trading markets in our major unmet international standards requirements.
The purpose of the levy imposed targets in oil, KOSDAQ-listed shares and securities products Conex (ETF · ETN · ELW), etc. is to cover the risk of price fluctuations of the assets subject to the sale settlement is completed.
Trading margin is a member of and prepare the risk of price fluctuations of securities positions until payment time from the time signed during checkout breach, variation margin is the settlement amount reflects the gain or loss by the time calculation of margin from the time concluded (trade date chapter end). Net margin risk is the risk of price changes for the future from time to time calculation of margin payment.
· Notification and notifies the payment deadline is the exchange margin trading days during the 20 members should be paid within the next 15 trading days.
Depositary means the cash, foreign currency and substitute securities (listed securities) and so on. If the securities margin trading is not implementing the depositary receives the same treatment as anhan payment.
Exchange official said, "This settlement stability and strengthened through additional risk management measures to secure and stable mortgage securities market, would be to secure the global risk management framework of the CCP levels increase the reliability of Korea's capital markets."
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