The Korea Exchange will launch after-hours trading for ETFs

The Korea Exchange will officially launch after-hours trading for exchange-traded funds (ETFs) on September 14, despite concerns in the industry about the volatility of leveraged products.

The exchange aims to compete with alternative trading systems like Nextrade and all-weather cryptocurrency exchanges. Asset management institutions warn that the lack of real-time fund net asset value estimates could widen the price deviation of ETFs, and the industry had previously called for a delay in the launch of this business.

Individual stock leveraged ETFs will not be included in the scope of after-hours trading.