Free Trial

S. Korea Extends Stock Short-Selling Ban Through End-Mar '25

SOUTH KOREA

South Korea's Financial Services Commission (FSC) announced an extension to its stock short-selling ban through the end of March 2025.

  • The decision had been touted earlier by representatives of the ruling party, who also flagged plans to increase penalties for violating the existing rules, including the implementation of prison sentences up to life imprisonment.
  • The short-selling ban was introduced in November to tackle the practice of naked short-selling. The government is working on a sustem that will allow to fully detect such activities and it should be finalised by the end of 1Q2025.
  • The KOSPI Index added around 1% overnight, approaching cyclical highs.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.