Korea Investment & Securities Lists 216 New ELW Stocks

Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 23rd that it will newly list 216 Equity-Linked Warrant (ELW) items (item numbers 57KZ24 to 57KAGB). The listed items include 56 index-type ELWs based on KOSPI 200 and KOSDAQ 150, and 160 stock-type ELWs based on Samsung Electronics, SK Hynix, POSCO Holdings, NAVER, and others.

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; if a decrease is expected, put ELWs can be purchased to gain profit opportunities regardless of market conditions. However, unlike stocks, ELWs have a strike price that the underlying asset must reach by expiration, so if the underlying asset price does not move in the initially expected direction, losses of up to 100% of the principal may occur at maturity.

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

Meanwhile, Korea Investment & Securities maintains the number one position in trading volume and number of listed items in the Korea Exchange ELW market. As of September 23, 2024, the total number of ELW items available for trading at Korea Investment & Securities is 1,999, consisting of 854 index-type and 1,145 stock-type ELWs.

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