Showing posts with label trading. Show all posts
Showing posts with label trading. Show all posts

Thursday, March 2, 2017

Jeju Bank, Shinhan Investment Corp. 'corporate securities trading deposits' accounts released



[Korea goyounghun financial newspaper reporter] Shinhan Investment Corp. has announced the release of the bank account linked securities, corporate securities transactions deposits "account for Jeju-based enterprise customers with Jeju Bank Shinhan Financial Group subsidiary, announced two days.

"Corporate securities transactions deposits" account is a corporate finance transaction platform for use with the new concept of bank accounts and securities accounts. Extend the platform was provided by the existing target private customers to enterprise customers, eliminating the inconvenience of having to share a bank account and a securities account.

Jeju Bank all provided by Shinhan Investment Corp., including the stock trading through corporate and deep ties to the "corporate securities trading bank 'release has joined this time with Shinhan investment that is based on the Jeju to community-based regional bank It was able to provide with financial services. It also features make through collaboration of banks and securities companies to provide suitable financial solutions to corporate customers.

Shinhan Investment Management Division choemunyoung Head of a variety of products for corporate customers with Jeju Bank of the future, based on a network of "situations that require no barriers between the financial sector to changes in the financial environment, market service," said "Shinhan Financial Group and plans to offer the service, "he said.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Wednesday, March 1, 2017

27 days ban short selling day trading stocks from overheating



If [South Korea goyounghun financial newspaper reporter] 27 days from the event overheating, short selling is prohibited in specified trading day.

Korea Exchange announced the introduction of a one day "short selling stocks specified system overheating. In revising the securities market, KOSDAQ, Conex business regulations and enforcement regulations, including through the development of systems and securities firms in conjunction with test plans implemented in March. It was approved last February 8 work-related securities market regulations from the Financial Services Commission Amendment.

Short selling ventilation investor attention focused on the sport and the event for the extraction requirements consider short sales, growth, share price in order to respond in a timely manner.

△ securities market short sales ratio over 20%, KOSDAQ, Conex market, 15% more than stocks △ short selling ratio in this case correspond to the requirements of such decline 5% or more stocks just before the 40 trading day average more than doubled increase in stocks △ closing price compared to short selling It is designated as overheated stocks.

Overheating, short selling stocks to specified categories consistent with the requirements of more than one days is banned short-selling transactions. However, hedging transactions for the liquidity of the stock market, derivatives, liquidity and market some of the joseongho, ELW · ETF · ETN's call, hedging transactions for the composition of the market, derivatives market allows for short selling a call with a call exceptional.

In addition, since the introduction of Single autumn sale price for 13 days or more in securities, stocks soared KOSDAQ market, Conex. If the market surveillance committee requested a signed sales methods change in order to mitigate the soaring share price surge more than categories such as temaju the event will be changed to Single autumn sale period of 3 days 30 minutes.

Even after the price may be applied in addition to Single autumn sale period of 30 minutes for 10 or more days if you continue to skyrocket. In addition, the abnormal surge in exceptional circumstances after the sale Single autumn, the change does not mitigate the additional price jehanpok, that only can be applied, including the necessary market management measures.

Since the two days except for the purpose acquisition company (SPAC) on the market for sale Single autumn target ultra low liquidity stocks on the KOSDAQ. Considering the characteristics of the SPAC increase in merger transactions in the Single autumn marketing system that is activated and implemented for the current liquidity transactions for sale at extremely low stocks fall sports destination 10 minutes Single autumn period. The SPAC listed on the Kosdaq market is excluded from the policy hagetdan liquidity evaluated for designation ultra low liquidity stocks.

In addition is the introduction of foreign integrated accounts from June to April, there will be conducted a private account system division friendship arbitrage trading.

Part exchange securities market headquarters stock market anilchan said, "Short selling is to provide information about the focused event draws the attention of investors will ease the short selling related to asymmetric information," he said "through the short-selling ban to prevent the acceleration of share prices It is expected that, "he said.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Monday, February 27, 2017

Last year, the average daily foreign exchange transactions $ 48.4 billion ... Won / Yuan Trading ↓



[Korea Jeongseon financial newspaper reporters - who last year was estimated that the size of the domestic foreign exchange bank foreign exchange transactions similar to the previous year.

27 days fell slightly Bank of Korea, the average daily trading volume of last year, according to a foreign exchange bank announced a "foreign exchange trends in the foreign exchange bank" it is $ 48.38 billion versus $ 50 million a year ($ 48.43 billion) in 2015.

In terms of product type, the spot exchange was only down $ 500 005 000 (2.7%) from the previous year to 30 million per day, $ 194 billion.

In particular, the won / yuan trading 400.007 million dollars and it was only lower than in 2015 to $ 20 billion last year. In this regard before December last year, the government announced through the Foreign Exchange Law Act amended the Right won / yuan direct transaction foreign exchange market two years promoting the health contribution relief again.

Another spot exchange transaction volume last year won / dollar fell to US $ 12 000 million dollars 14.500002 billion.

Forward exchange transactions and foreign exchange rate volatility as investors appeared to be increased.

Foreign Exchange Derivatives Trading foreign exchange banks last year has increased by 10 000 5000 289 billion dollars to 500 million US dollars over the previous year. In particular, the difference between non-resident and offshore forward (NDF) transactions increased by 7.96 billion dollars to 1.17 billion dollars.

The Bank of Korea (BOK) said "Last year, China's financial and economic instability, Breck sheets (European Union to leave the UK) approved, the exchange rate volatility under such rate hikes, Trump won the US presidential election in the US Federal Reserve increased NDF transactions of offshore investors' It explained.

The difference between the cheapest and the most expensive day of the year won / dollar exchange rate in 2010 (9.5 W) was greater in the most wide average of 7.5 million won after six years.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

SD biotech IPO approval ... Available from 2 days trading



[Korea goyounghun financial newspaper reporter] Korea Exchange has approved 27 days KOSDAQ IPO of SD biotechnology.

Trading is possible and offering price of $ 0.50 par value is to ₩ 12,000 from two days next month.

Major shareholders of chemical products manufacturer of SD Biotechnology holds 57.66% in the other 16 bakseolung (56.47%). Organizer was Korea Investment & Securities and Shinhan Investment.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com