Korea Investment & Securities, 320 New ELW Listings

[Asia Economy Reporter Junho Hwang] Korea Investment & Securities announced on the 14th that it will newly list 320 Equity Linked Warrants (ELW) (stock numbers 57GC16~57GF35).

ELWs are products that trade the rights to buy or sell underlying stocks or indices at a predetermined price on the expiration date. Due to their high leverage effect, investors can expect higher returns with a smaller investment amount compared to directly trading the underlying assets.

The newly listed items include 136 index-type ELWs based on the KOSPI 200 index and KOSDAQ 150 index, and 184 stock-type ELWs based on individual stocks such as Lotte Chemical, SK Innovation, and LG Electronics.

Including the 320 newly listed items, the total number of ELWs available for trading at Korea Investment & Securities is 1,881. Korea Investment & Securities holds the most diverse range of ELW products among issuing securities firms.

To trade ELWs, certain prerequisites must be met. Investors must complete ELW investor education on the Financial Investment Research Institute's online site and set a basic deposit of 15 million KRW (for new customers).

Information related to ELW investments can be found on Korea Investment & Securities' dedicated ELW website. Investors can access various helpful information such as price lists of the stocks, top pick items based on the previous day's closing price, a one-week expected price table for carefully selected stock ELWs, and trading precautions. Additionally, through the ELW-exclusive KakaoTalk channel 'TRUE ELW,' investors can receive updates on the previous day's global market closing status and major issues.