{"id":146725,"date":"2026-09-08T03:09:09","date_gmt":"2026-09-08T03:09:09","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/146725\/"},"modified":"2026-09-08T03:09:09","modified_gmt":"2026-09-08T03:09:09","slug":"following-the-korea-exchange-nextrade-nxt-has-also-decided-to-postpone-the-expansion-of-exchange","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/146725\/","title":{"rendered":"Following the Korea Exchange, NexTrade (NXT) has also decided to postpone the expansion of exchange .."},"content":{"rendered":"

NXT to postpone application for additional authorization indefinitely <\/p>\n

\"A \uc0ac\uc9c4 \ud655\ub300 A view of Nextrade headquarters in Yeouido, Seoul. Yonhap News Agency <\/p>\n

Following the Korea Exchange, NexTrade (NXT) has also decided to postpone the expansion of exchange time for exchange-traded funds (ETF) until after next year. Following the exclusion of ETFs from the exchange’s aftermarket, the possibility of introducing ” ETF trading on the way home” within this year virtually disappeared as even NXT delayed its application for approval from financial authorities, which was originally set for September.<\/p>\n

According to the financial investment industry on the 7th, NXT has decided to indefinitely postpone the timing of applying for additional authorization by financial authorities for ETF transactions. The specific timing of the re-application has not been set, and it is highly likely to pursue it again after examining market conditions and the preparations of participants after early next year.<\/p>\n

Initially, NXT’s timetable was set to open in the fourth quarter of this year. The plan was to apply for additional authorization after completing the construction of the computer system by September and open the market as early as the fourth quarter. It planned to gradually expand the target from the top ETF to allow ETFs to trade from 8 a.m. to 8 p.m. following stocks.<\/p>\n

The adjustment of the schedule is coupled with the postponement of the exchange’s introduction of the ETF aftermarket. The exchange will open an aftermarket from 4 p.m. to 8 p.m. from the 14th, but ETFs and exchange-traded securities (ETN) have been excluded from the transaction. Some ETFs pushed for a plan to increase trading hours, but delayed implementation due to growing concerns about market volatility and management industry and liquidity providers (LPs) taking a cautious stance due to price management, computer construction, and hedging burden.<\/p>\n

NXT reportedly has been considering operating LP, calculating real-time estimated net asset value (iNAV), and establishing a business system for managers and securities companies when ETF extension trading begins on the exchange first, and then referring to it to enter as a latecomer. As the introduction schedule of the previous runners has been delayed, NXT is also starting to adjust its speed.<\/p>\n

Another reason is that the market’s eye level for ETF price stability and investor protection has increased. If liquidity is not sufficiently supported or the gap between market prices and net asset values widens after increasing trading hours, it can lead to investor damage.<\/p>\n

As a result, the expansion of continuous trading hours for domestic ETFs, which was promoted this year, will be a task after next year for both the exchange and NXT. As the market opened this year until the last option that remained even after the delay of the exchange, the push for ” ETF transactions on the way home from work” within this year has effectively ended.<\/p>\n

An official from the financial investment industry said, “The exchange’s ETF extension trading schedule has been delayed, and managers and LPs are not yet active in preparing for practical work such as establishing additional computers and calculating iNAV.”<\/p>\n","protected":false},"excerpt":{"rendered":"NXT to postpone application for additional authorization indefinitely \uc0ac\uc9c4 \ud655\ub300 A view of Nextrade headquarters in Yeouido, Seoul.…\n","protected":false},"author":2,"featured_media":146726,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[68100,74589,50043,55280,40734,337,864,9097],"class_list":["post-146725","post","type-post","status-publish","format-standard","has-post-thumbnail","category-korea-exchange","tag-aftermarket","tag-extended-trading","tag-financial-authorities","tag-financial-investment-industry","tag-inav","tag-korea-exchange","tag-krx","tag-trading-hours"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/146725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=146725"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/146725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/146726"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=146725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=146725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=146725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}