A demonstration of illegal short selling takes place at the Korea Exchange in Yeouido, western Seoul, on March 19.YONHAP
A demonstration of illegal short selling takes place at the Korea Exchange in Yeouido, western Seoul, on March 19.
Officials from the NSDS Supervision Team 1 and KB Securities conducted the demo of a computer system to detect such illegal transactions. A ban on short selling took effect in November 2023 after cases of naked short selling — shorting a stock without first borrowing the necessary shares — were detected, but it is set to be lifted at the end of the month.