NXT says it handled nearly 30% of country's stock trading value in 1st year

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NXT says it handled nearly 30% of country's stock trading value in 1st year

The logo of Nextrade, Korea's alternative exchange, is shown at the bourse operator's building in western Seoul, in this file photo taken Aug. 20, 2025. [YONHAP]

The logo of Nextrade, Korea's alternative exchange, is shown at the bourse operator's building in western Seoul, in this file photo taken Aug. 20, 2025. [YONHAP]

 
Nextrade (NXT), Korea's first alternative trading system, said Wednesday it accounted for nearly 30 percent of the country's total stock market trading value during its first year of operation.
 
According to NXT, the cumulative value of stocks traded on its platform totaled 2.34 quadrillion won ($1.58 trillion) between March 4, 2025, and the end of February.
 

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The tally represents 28.8 percent of total trading value in the domestic stock market, including transactions on the Korea Exchange (KRX), according to NXT.
 
Notably, the daily average trading value of stocks in the pre-and after-hours market grew by more than eightfold from 1.1 trillion won to 8.9 trillion won during the cited period, the exchange said.
 
Going forward, NXT said it plans to provide diversified investment options, including exchange-traded funds, fractional investment products and tokenized securities.
 
Launched in March of last year, NXT runs for 12 hours from 8 a.m. to 8 p.m., longer than the trading hours from 9 a.m. to 3:30 p.m. of the main KRX bourse. It also offers lower fees compared with the main bourse and introduces different stock bid and ask prices.

Yonhap
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