[Economy 365]
It appears that trading exchange-traded funds (ETFs) will be difficult in the Korea Exchange's after-hours market, which opens next month.
The exchange plans to operate the after-hours market from 4 PM to 8 PM starting on the 14th of next month, and financial authorities and the exchange are pushing to include exchange-traded products (ETPs), such as ETFs and ETNs, in the list of excluded products for trading.
Amid recent controversy that single-stock leverage and inverse ETFs have increased market volatility, it is known that they have leaned toward withdrawing the initially planned exchange-traded product trading scheme.
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