Korea Investment & Securities Lists 350 New ELW Stocks

[Asia Economy Reporter Ji Yeon-jin]Korea Investment & Securities, a subsidiary of Korea Financial Group (President Jeong Il-moon), announced on the 18th that it will newly list 350 stock warrant securities (ELW) (stock numbers 57HD46~57HG95).

The newly listed items include 148 index-type ELWs based on the KOSPI 200 index and KOSDAQ 150 index, and 202 stock-type ELWs based on underlying assets such as NAVER, SK Bioscience, and POSCO Holdings.

ELWs are products that trade the rights to buy or sell individual stocks or stock indices at a predetermined price at maturity. When expecting the underlying asset to rise, investors purchase call ELWs, and when expecting a decline, they purchase put ELWs, allowing profit opportunities regardless of market conditions.

However, unlike stocks, ELWs have an exercise price that the underlying asset must reach by maturity. If the underlying asset price does not move in the initially expected direction, there is a possibility of losing the entire principal investment at maturity.

To trade ELWs, investors must undergo an investment propensity diagnosis and prior investor education, and new customers must meet a minimum basic deposit of 15 million KRW. For more details, please visit the Korea Investment & Securities ELW dedicated website and the KakaoTalk channel ‘TRUE ELW’.

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