Korea Investment & Securities, 363 New ELW Listings

Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 15th that it will newly list 363 stock warrant securities (ELWs) (stock numbers 57K561 to 57K923).

The listed items include 81 index-type ELWs based on KOSPI 200 and KOSDAQ 150, and 282 stock-type ELWs based on underlying assets such as Samsung Electronics, POSCO Holdings, and LG Chem.

ELWs are products that trade the rights to buy or sell individual stocks or stock indices at a predetermined price on the expiration date. If you expect the underlying asset to rise, you can purchase call ELWs; if you expect it to fall, you can purchase put ELWs to gain profit opportunities regardless of market conditions.

However, unlike stocks, ELWs have a strike price that the underlying asset must reach by expiration. If the underlying asset price does not move in the initially expected direction, you may incur a total loss of the principal at expiration.

To trade ELWs, it is necessary to complete an investment propensity diagnosis and prior investor education. Additionally, new customers must meet a minimum basic deposit of 15 million KRW. For more details, please visit the Korea Investment & Securities ELW dedicated website and the KakaoTalk channel ‘TRUE ELW’.