Vice Chairman Kim Soyoung of the Financial Services Commission attended a seminar held on May 9 in which authorities and related organizations discussed and unveiled measures for operating alternative trading system. During his speech, Vice Chairman Kim talked about the importance of ensuring stability and fairness, while urging participants to thoroughly prepare for the launch of an ATS and to ensure that investors are kept posted with relevant information. Introducing an ATS has been a key part of the government's capital market reform initiative, and it is intended to make domestic capital markets more accessible for investors with enhanced convenience for transactions. An ATS operated by Nextrade is expected to be launched for full operation beginning in the first half of 2025.
Vice Chairman delivers congratulatory remarks at a seminar unveiling measures for ATS operationMay 09, 2024