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.



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NH Investment & Securities, available personal short selling 'QV iSelect200 rongsyot platform'

[Korea goyounghun financial newspaper reporter] NH Investment & Securities has launched the 'QV iSelect200 rongsyot platform where individual investors can sell the balance to provide 100 percent of the principal amount invested direct investments announced 27 days. 'QV iSelect rongsyot platform you can speak to a strategy of selling borrowed shares without restrictions, as also institutional investors, individual investors use. NH Investment & Securities said that I mean it is possible that short selling personal about this product.

QV iSelect200 time to release 200% of the principal amount invested was divided in half can be long, short by 100% each. The minimum subscription amount is also lowered to 500 million yuan. Number of ₩ 5,000,000 principal amount invested in stocks or the ETF 500 million won, and can invest in a portfolio of 5 million won loan sale.

Last year, seven of the existing QV iSelect released in May rongsyot platform is sold divided by half the capital invested 100% BUY (Long) each and the balance 50% (short). When you invest in a minimum subscription amount of 10 million won, and to buy a 5 million won by selling investments and the balance of 500 million yuan.

Rongsyot proportion of QV iSelect200 is 5:05, and you can select up to a maximum total of five stocks. Currently bribe of about 7000 major stocks listed on South Korea, the United States, Japan, Hong Kong and exchange traded funds (ETF) and can be sold only to balance the possible selling stocks.

QV iSelect200 is a securities investment structure by issuing securitized derivatives to replicate the portfolio instead of cumbersome procedures for buying, selling stocks to invest in just one design portfolio. This private investment still short selling is only possible because of securitized derivatives.

Accordingly, no exchange process and also exchange fee on overseas stock investments required, the dividend tax is applied to 15.4%. Unlike conventional securitized derivatives, but the disadvantage that may occur, such as regular subscription cost and traditional securitized derivatives during the redemption center-termination fees, rongsyot portfolio through the QV iSelect it can be terminated halfway without a redemption fee like stock at any time.

QV iSelect200 can be used easily at NH Investment & Securities branches nationwide and 'QV MTS', the other details such as if the reference price evaluation methods homepage or contact us.



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[Closing market] Kospi, dropped the line ... 2080 · SK Hynix, Samsung Electronics Foreign approximately 250 billion won net selling

[Korea hyerin nine financial newspaper reporter] KOSPI fell to the 2080 lines.

27 days KOSPI fell under the influence of poor finishing and sale of foreign higher market capitalization stocks. Foreign investors are cleared for SK Hynix and Samsung Electronics, IT daejangju each sold 102.3 billion won, 149.4 billion won worth.

Gyeonggyegam ahead of Donald Trump President's speech it can be interpreted as a sell-off to foreign influences.

The KOSPI index closed the day 8.60 points (0.41 percent) compared to the previous trading day down 2085.52.

By principal trading in foreign securities market were sold 225.7 billion won chiwot, individuals were net sold 329 billion. Institutions were net buyers of 217.9 billion won alone.

Foreigners are buying stocks NCsoft (25.8 billion), Samsung Engineering (19 billion), LG Innotek, etc. was (11.4 billion), selling stocks are SK Hynix (-1494 billion), Samsung Electronics (-1023 billion), Hana Financial Group ( -128 million) were the like.

On the other hand, institutions are buying stocks SK Hynix (75.5 billion), Samsung Electronics (57.5 billion), Doosan Infracore (14.9 billion) was such, stocks are selling NCsoft (-538 billion), LG Electronics (-320 billion), LG It appeared to display (-149 million) and the like.

By sector, banks have declined (-2.12%), financial services (-1.60%), transportation warehouse (-1.01%), electronics (-0.78%). On the other hand, construction (1.47%), machinery (1.12%), medical precision (0.95%), and electrical gaseueop (0.90%) rose.

Stocks open higher market capitalization was lower.

SK Hynix (-3.16%) and Samsung (-0.42%) fell accompany the foreign mass sell-off. SK Hynix has closed the chapter on ₩ 46,000, Samsung has completed a deal to ₩ 193,000.

Including KB Financial (-3.88%), Shinhan Financial Group (-2.14%) Financials were all closed weaker. On the other hand, Korea Electric Power Corporation (1.26%), LG Chem (0.53%), Hyundai (0.34 percent) was slightly higher.

The KOSDAQ index fell for three consecutive trading days.

KOSDAQ index ended the day Chapter contrast to the previous trading day 2.63 points, or 0.43 percent, down 612.12. Foreigners were net buyers in the KOSDAQ market and personal 18.8 billion won and 305 billion, respectively, the agency was net sold 45.4 billion won.

Won / dollar exchange rate in the Seoul foreign exchange market closed at 1133.7 won rose 2.2 won compared to previous trading.



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[Closing market] Kospi, dropped the line ... 2090 · SK Hynix, Samsung Electronics Foreign selling away

[Korea hyerin nine financial newspaper reporter] KOSPI fell to 2090 line.

24 days Kospi fell in five days and switch naejwotda the 2100 lines. He got out of the foreign selling of large-cap index by dragging the center of the sheet was oversold cyclical consumer goods sectors vacancy attention.

Last night under the influence on the domestic market for IT-related stocks led the US stock market fell a lot in Samsung, SK Hynix, including foreign IT daejangju sale.

The KOSPI index closed the day 13.51 points (-0.64%) 2094.12 down compared to the previous trading day.

By principal trading in the securities market, foreign net selling of 122.6 billion won was. On the other hand, individuals and institutions were net long positions respectively 7.4 billion won and 664 billion won.

Foreigners are buying stocks were LG Household & Health Care (191 million), Hanmi Pharmaceutical (10.7 billion), LG Electronics (10.4 billion), selling stocks, Samsung Electronics (-891 million), SK Hynix (-544 million), E-Mart (- 16.8 billion) was the like.

On the other hand, institutions are buying stocks Amore Pacific (277 million), Lotte Shopping (189 million), were such as Korea Electric Power (181 million), stocks are selling SK Hynix (-705 million), POSCO (-265 billion), LG Display ( -226 million) were the like.

By sector fell like steel and metals (-2.75%), electrical and electronic (-2.64%), medical precision (-1.25%) and securities (-1.19%), paper and wood (-0.62%).

Medicines (1.38%) Food and beverages (1.82%), textiles and clothing (0.95%), chemicals (0.51%), electricity gaseueop (0.48%), banks (0.36%) and rose.

Market capitalization stocks open higher was mixed.

Samsung Electronics (-2.45%), SK Hynix (-5.38%), NAVER (-0.62%), POSCO (-4.11%), Shinhan Financial Group (-0.95%), Samsung Life Insurance (-0.47%) and closed at both weak did.

On the other hand, Hyundai Motor Company (1.37%), Korea Electric Power Corporation (0.46%) and Hyundai Mobis (0.58%), Samsung C & T (0.81%) was the rise.

The KOSDAQ index also dropped consecutive days.

KOSDAQ index ended the day down 614.75 to Chapter 2.92 points (-0.47%) compared to the previous trading day. Foreigners were net buyers and individuals 20.3 billion won, 646 billion, respectively, and 76.9 billion won net selling agencies alone.

Won / dollar exchange rate in the Seoul foreign exchange market closed at 1131.5 won fell 5.8 won compared to the previous trading day.



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