Korea Investment & Securities Lists 291 New ELW Stocks
Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 19th that it will newly list 291 types of Equity-Linked Warrants (ELWs).
The listed items include 31 index-type ELWs based on KOSPI 200 and KOSDAQ 150, and 260 stock-type ELWs based on underlying assets such as Samsung Electronics, LG Energy Solution, and SK Hynix.
ELWs are products that trade the rights to buy or sell individual stocks or stock indices at a predetermined price on the expiration date. If an increase in the underlying asset is expected, investors can purchase call ELWs, and if a decrease is expected, put ELWs, allowing for profit opportunities regardless of market conditions.
Unlike stocks, ELWs have a strike price that the underlying asset must reach by expiration. If the underlying asset price does not move in the initially expected direction, investors may incur losses up to the entire principal at expiration.
To trade ELWs, an investment propensity diagnosis and prior investor education completion are required. 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’.
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