Korea Investment & Securities Newly Lists 517 ELWs

Korea Investment & Securities announced on November 17 that it will newly list 517 Equity-Linked Warrants (ELWs). The listed products include 246 index-type ELWs based on the KOSPI200 and KOSDAQ150 as underlying assets, and 271 stock-type ELWs based on individual stocks such as Samsung Electronics, SK Hynix, Shinhan Financial Group, and Samsung Fire & Marine Insurance.

원본보기 아이콘

An ELW is a financial product that allows investors to trade the right to buy or sell individual stocks or stock indices at a predetermined price on the maturity date. If an investor expects the underlying asset to rise, they can purchase a call ELW; if they expect it to fall, they can purchase a put ELW, thereby gaining profit opportunities regardless of market conditions. However, if the price of the underlying asset does not move in the anticipated direction, up to 100% of the principal may be lost at maturity.

Korea Investment & Securities currently ranks first in both trading volume and number of listed products in the ELW market on the Korea Exchange.

To trade ELWs, investors must complete a risk profile assessment and pre-investor education. In addition, new customers must maintain a minimum basic deposit of 15 million won. Further details can be found on the Korea Investment & Securities ELW dedicated website and the KakaoTalk channel 'TRUE ELW'.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.