'Stock Market Boom' Last Year's Stock Settlement Amount 417 Trillion Won... Up 47%

[Asia Economy Reporter Lee Seon-ae] It was revealed that stock settlement amounts increased by nearly 50% last year. Stock settlement amount refers to the process where the transaction parties offset the transaction amounts they owe each other and settle only the net difference.

According to the Korea Securities Depository on the 20th, the total stock settlement amount through the Korea Securities Depository last year was 417 trillion won. This represents a 46.4% increase compared to the 284.5 trillion won stock settlement amount in 2019.

The settlement amount in the on-market stock market was 188.6 trillion won, up 58% from the previous year. The stock settlement amount for institutional investors was 228.4 trillion won, an increase of 38.3%.

Last year's stock settlement amount accounted for 4.7% of the stock transaction amount of 8962.3 trillion won. The deduction effect through the securities settlement service was 8545.3 trillion won, with a deduction rate of 95.3%.

A Korea Securities Depository official stated, "Thanks to the deduction effect of the securities settlement service, market participants can complete securities settlements with minimal funds, and the reduction in settlement size has reduced liquidity risk, contributing to the improvement of the stability of the securities market."

This content was produced with the assistance of AI translation services.