Korea Exchange to Open Stock Market at 10 a.m. on CSAT Day, One Hour Later Than Usual

The Korea Exchange said it will temporarily adjust trading and settlement hours for the securities and derivatives markets, as well as operating hours for clearing and settlement of over-the-counter derivatives, on November 19, the day of the College Scholastic Ability Test (CSAT).

According to the exchange on November 5, the regular securities market will open at 10 a.m., and the regular derivatives market will open at 9:45 a.m. Their closing times will each be delayed by one hour. However, for some derivatives markets and the general commodities market, only the opening time will be delayed by one hour, or trading hours will remain unchanged.

By market, trading hours for the regular markets and pre-opening after-hours markets of the KOSPI, KOSDAQ and KONEX markets will each be delayed by one hour. The post-closing after-hours market will open at 4:40 p.m. and close at 8 p.m.

In the derivatives market, opening and closing times for equity and interest rate products will each be delayed by one hour, while only the opening time for currency products and gold futures will be delayed by one hour. Trading hours for lean hog futures will remain unchanged. In line with the delayed regular trading session, night trading will also open one hour later, while its closing time will remain unchanged.

In the general commodities market, the gold market will open at 10 a.m., one hour later than usual, and close at 3:30 p.m. Trading hours for the petroleum and emissions markets will remain unchanged.

Settlement hours for securities and derivatives, as well as clearing hours for over-the-counter derivatives, will also be adjusted. For same-day settlement transactions in the on-exchange securities and derivatives markets, trading hours for the general bond market and the repo market will each be delayed by one hour.

By contrast, the stock market, the Korean Treasury Bond market and the on-exchange derivatives market, where transactions are regular-way or settled on the following business day, will operate from 10 a.m. to 4 p.m.

The opening time for over-the-counter derivatives clearing operations will be delayed by one hour, from 9 a.m. to 10 a.m. The opening time for trade confirmation operations will also be delayed by one hour, from 8 a.m. to 9 a.m.

The closing times for both operations will be extended by 30 minutes, from the usual 5 p.m. to 5:30 p.m., to allow for the calculation and notification of settlement data.

This content was produced with the assistance of AI translation services.