Korea Investment & Securities, 294 New ELW Listings
Korea Investment & Securities announced on the 16th that it will newly list 294 stock warrant securities (ELWs). The listed items include 149 index-type ELWs based on KOSPI 200 and KOSDAQ 150, and 145 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, they can purchase put ELWs, thereby gaining profit opportunities regardless of market conditions. However, if the underlying asset price does not move in the initially anticipated direction, losses of up to 100% of the principal can occur at maturity.
To trade ELWs, it is necessary to 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, please visit the Korea Investment & Securities ELW dedicated website and the KakaoTalk channel ‘TRUE ELW’.
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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 the 16th of this month, the number of ELW items available for trading at Korea Investment & Securities totals 1,998, with 854 index-type and 1,144 stock-type ELWs.
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