Last Year's Stock Settlement Amount 376.3 Trillion Won... 0.2% Increase in One Year
Average Daily Stock Settlement Amount of 1.5 Trillion Won
The Korea Securities Depository announced on the 12th that the total amount of stock settlement payments through the Depository last year was 376.3 trillion won, a 0.2% increase compared to the previous year (575.6 trillion won). The average daily stock settlement payment recorded was 1.54 trillion won.
Trends in Stock Settlement Amounts Over the Past 5 Years. (Provided by Korea Securities Depository)
View original imageThe on-exchange stock settlement payment amounted to 168.6 trillion won, a 0.4% decrease compared to the previous year. On-exchange stock settlement payments refer to the settlement of stocks and payments between securities companies that are members of the exchange.
The on-exchange stock settlement payment was calculated by deducting the multilateral offset (5478.1 trillion won) among on-exchange stock settlement participants from the on-exchange stock trading amount of approximately 5646.7 trillion won. The deduction rate was 97%.
The stock institutional investor settlement payment increased by 0.7% to 207.7 trillion won. Stock institutional investor settlement payments refer to the settlement of stocks and payments between institutional clients (banks, insurance companies, etc.) and securities companies according to on-exchange stock market brokerage trades.
The stock institutional investor settlement payment was also calculated by deducting the multilateral offset (2483.9 trillion won) among stock institutional investor settlement participants from the stock trading amount of 269.16 trillion won, resulting in a deduction rate of 92.3%.
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A representative from the Depository stated, "Through the deduction of stock settlement payments, market participants can complete securities settlements with minimal funds," adding, "This reduction in settlement scale contributes to reducing liquidity risk and enhancing the stability of the securities market."
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