Korea Exchange Adds 25 Stock Futures and Options Including LG Energy Solution and Kakao Bank

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[Asia Economy Reporter Lee Myunghwan] The Korea Exchange announced on the 13th that it will list an additional 20 stock futures and 5 stock options on July 25.

The 20 newly listed stock futures include 15 from the KOSPI market and 5 from the KOSDAQ market. All 5 stock options are from the KOSPI market.

Among the major index components with high market demand, companies with large market capitalizations such as LG Energy Solution and KakaoBank have been included in this additional futures and options listing. For KOSDAQ stocks, futures for companies like Pearl Abyss and L&F are expected to be listed.

The Korea Exchange explained that it selected stocks listed on the stock market that meet listing requirements such as liquidity, stability, and financial condition as additional futures and options listings. With the addition of these 25 stocks, the total number of stock futures will increase to 177, and stock options to 42.

This additional listing is expected to meet the trading demand for stock futures and options while providing an effective risk management tool for the underlying assets. According to the exchange, the average daily trading volume of stock futures, which was about 4.54 million contracts in 2020, increased to approximately 4.94 million contracts last year. This year, in the first half (January to June) alone, it recorded 3.78 million contracts, indicating that it is likely to surpass last year's trading volume.

A Korea Exchange official stated, "By timely listing stock futures and options for underlying securities with high arbitrage and hedging demand, we expect the simultaneous growth of the derivatives market and the stock market."

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