As an emerging competitor to South Korea's main stock exchange, the start-up trading platform is banking on launching innovative products, such as digital tokens tied to the rights to K-pop songs, to further expand its appeal on the basis of its strong start.
Kim Haksoo, chief executive of Nextrade, an alternative trading system that broke the 70-year monopoly of South Korean exchanges in March by extending trading hours, said the company was considering differentiating itself by launching products over the counter. Long-term plans also include leveraged and reverse ETFs, advanced order systems and private institutional orders derived from the concept of "dark pools".
South Korea's new stock exchange is considering launching K-pop tokens to attract more traders
2025-11-10 23:15:21
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