Average Daily Securities Settlement Amount in Q1 30.7 Trillion Won... Up 18.5% from Previous Quarter

[Asia Economy Reporter Lee Seon-ae] The average daily securities settlement amount through the Korea Securities Depository was recorded at 30.7 trillion KRW, an 18.5% increase compared to the previous quarter (25.9 trillion KRW).

According to the Depository on the 22nd, the average daily settlement amount for on-exchange and off-exchange stock transactions was 2.71 trillion KRW, up 42.6% from the previous quarter (1.9 trillion KRW). The settlement amount for on-exchange and off-exchange bond transactions was 28 trillion KRW, a 16.6% increase from the previous quarter (24 trillion KRW).

The average daily settlement amount in the on-exchange stock market for the first quarter was 1.25 trillion KRW, a 41.5% increase from the previous quarter (880 billion KRW). The trading amount was 38.4 trillion KRW, up 22.0% from the previous quarter (31.5 trillion KRW). The deduction rate remained similar to the previous quarter, resulting in an increase in the settlement amount.

The average daily settlement amount in the on-exchange bond market for the first quarter was 2.82 trillion KRW, a 15.0% increase from the previous quarter (2.45 trillion KRW). The trading amount was 9.21 trillion KRW, down 6.0% from the previous quarter (9.8 trillion KRW). The deduction rate fell by 5.6 percentage points to 69.4%, which led to an increase in the settlement amount.

The average daily settlement amount for institutional investors in stocks during the first quarter was 1.46 trillion KRW, a 43.5% increase from the previous quarter (1.02 trillion KRW). The trading amount was 14.65 trillion KRW, up 41.8% from the previous quarter (10.33 trillion KRW). The deduction rate remained similar to the previous quarter, resulting in an increase in the settlement amount.

The average daily settlement amount for institutional investors in bonds during the first quarter was 25.2 trillion KRW, a 16.7% increase from the previous quarter (21.6 trillion KRW). The trading amount was 35.3 trillion KRW, up 16.0% from the previous quarter (30.4 trillion KRW). The deduction rate remained similar to the previous quarter, leading to an increase in the settlement amount.

By bond type, the average daily settlement amount was highest for government bonds at 6.89 trillion KRW (49.0%). This was followed by financial bonds at 3.48 trillion KRW (24.8%) and Monetary Stabilization Bonds at 2.1 trillion KRW (15.0%).