Since the stock market trading system was applied in order to promote investor convenience, the ELW trading method is nearly identical to the stock trading method in general.
|Trading Hours||09:00~15:00, After-hours market *|
|Quotation price unit||KRW5|
|Trading unit||1 share|
|Daily price change limit||+ 15% *|
|Type of order||Limit, market, Conditional limit, Immediately executable limit, Best limit *|
|Short selling||Allowed. Unlike the stock market, short selling at prices lower than the price just before is allowed.|
Since net asset value exists for ETFs, ETF prices form much in the same way as net asset value for 1 ETF share. However, since trust management companies plan for the net asset value of 1 ETF share to become the price found by multiplying the uniform ratio to the index tracked by the ETF, ETF prices eventually form like the prices found from multiplying the uniform ratio to the tracking index.
For example, for KODEX 200, the ratio concerning the KOSPI 200 index is 100 times; therefore, if the current index is 180.00, the price would form in the vicinity of KRW18,000 (100 times the index).
|Product||Tracking index||Multiplier||Product||Tracking index||Multiplier|
|KODEX 200||KOSPI200||100||KODEX Semicon||KRX Semicon||10|
|KOSEF 200||KOSPI200||100||TIGER Semicon||KRX Semicon||10|
|KODEX KRX 100||KRX100||1||KOSEF IT||KRX IT||10|
|TIGER KRX 100||KRX100||10||KODEX Banks||KRX Banks||10|
|KODEX Star||STAR INDEX||1||TIGER Banks||KRX Banks||10|
|KODEX Autos||KRX Autos||10||KOSEF Banks||KRX Banks||10|
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