After-market trading of exchange-traded funds (ETFs), which had been pushed for introduction this coming September, has become uncertain again with just over a month to go before it takes effect. This follows growing concern that extending ETF trading hours at a time when stock market volatility has widened to record levels could increase price distortion and speculative demand.
According to the financial investment industry on the 6th, the financial authorities and the Korea Exchange had originally planned to open a system this week for asset managers to submit the ETFs they wished to have traded in the after-market, but they have entered a review stage. An official in the financial investment industry said, "there is a shared understanding across the industry that after-market ETF trading should be deferred, and even scrapping the introduction is being considered".
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Looking at yesterday's reaction, it seems they are quietly backing out now that they are being criticized.
▶ Original source: https://news.nate.com/view/20260806n06831
