"We will innovate the capital market infrastructure and gradually establish a 24-hour trading system."
Jeong Eun-bo, Chairman of the Korea Exchange, made this statement on September 28 during the 'Korea Premium Weeks 2026' event held at The Grand Lotte Seoul in Jung-gu, Seoul. He noted that the Korea Exchange opened an after-market for regular trading in September, becoming the first in Asia to do so. He emphasized the need to innovate infrastructure to elevate the exchange to a global leader in capital markets.
He added, "In line with the government's policies for advancing the capital market, including amendments to the Commercial Act, we will continuously improve the capital market system to ensure a culture of respect for corporate value and shareholders."
Jeong highlighted that this year marks the 70th anniversary of the opening of the securities market in Korea, stating, "The securities market began in the aftermath of the Korean War in 1956 and has supported the country's rapid economic growth. Recently, driven by the development of innovative industries such as AI semiconductors, the Korean stock market has risen to the eighth largest in the world by market capitalization, firmly establishing itself as a key player in the global capital market."
He pointed out that the international capital market is experiencing intense competition as cross-border movements increase. "Decentralization of finance is accelerating, and the digital asset market is posing serious competition to traditional capital markets," he said.
Jeong stressed the need for proactive responses to these changes and efforts to lead innovation. He stated, "This event will serve as an opportunity to showcase the strength of the Korean capital market to the world and seek innovative development, with the Korea Exchange at the forefront."
To achieve this, he identified the most important task as becoming a trusted market for investors through transparent information provision and strict market management. He mentioned plans to collaborate with relevant institutions to proactively establish a security token offering (STO) platform and to integrate AI into disclosures and market surveillance to lead technological innovation.
Meanwhile, this event, co-hosted by the Financial Services Commission and the Korea Exchange, aims to promote the competitiveness of the domestic capital market globally. It will run until October 16, with participation from 42 institutions related to the stock market, financial investment industry, and media, along with 55 listed companies.
* This article has been translated by AI.
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