Korea Investment & Securities to Newly List 193 ELWs
Korea Investment & Securities announced on May 19 that it will newly list 193 Equity-Linked Warrants (ELWs). The newly listed ELWs include 60 index-type ELWs based on the KOSPI200 and KOSDAQ150 as underlying assets, and 133 stock-type ELWs based on individual stocks such as Samsung Electronics, SK Hynix, Hanwha Ocean, and Rainbow Robotics.
An ELW is a financial product that allows investors to trade the right to buy or sell an individual stock or stock index at a predetermined price on the maturity date. If an investor expects the underlying asset to rise, they can purchase a call ELW; if they expect it to fall, they can purchase a put ELW. This provides an opportunity for profit regardless of overall market conditions. However, if the price of the underlying asset does not move in the anticipated direction, up to 100% of the principal may be lost at maturity.
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Meanwhile, to trade ELWs, investors must complete an investment propensity assessment and pre-investment education. In addition, new customers are required to meet a minimum basic deposit of 15 million KRW. Further details can be found on the Korea Investment & Securities ELW dedicated website and the KakaoTalk channel 'TRUE ELW.' Korea Investment & Securities currently ranks first in both trading volume and the number of listed ELW products in the Korea Exchange ELW market.
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