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ETF after-hours trading faces delay over pricing risks
['Choi Yeon-Jae']
The korea Herald News Rss
14 may be too soon, and asset managers are concerned about taking on the risk,” an asset management official said.
If something goes wrong in after-hours trading, asset managers could become the target of criticism.”
The KRX has asked liquidity providers to maintain bid-ask spreads for ETFs whose managers opt into after-hours trading.
The final decision on whether and when to allow after-hours ETF trading is expected to require consultation with the Financial Services Commission rather than being made by the KRX alone.
“We will review the views of the Korea Exchange and asset managers before making a final decision.”