Korea Exchange Plans to Launch New Securities Market on November 16
The Korea Exchange plans to launch a new securities market on November 16, where assets such as artworks, real estate, and music copyrights can be traded through securities accounts like stocks. The Korea Exchange is advancing the construction of the relevant trading system and preparing market participants, and will conduct a six-week simulation trading period from October 6 to November 13. The official opening time may be adjusted based on the approval progress of listed products by financial regulatory authorities. After the market opens, investors can buy and sell through their brokerage accounts, with trading hours aligned with the stock market. Analysts believe that the securities token offering (STO) sector in the Korean market is at a crucial turning point. The new securities to be listed in November will temporarily adopt traditional electronic securities for issuance and registration, while tokenized securities based on blockchain distributed ledger technology will gradually be implemented after the relevant laws come into effect in February 2027.
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