Exchange Holds Emergency Market Inspection Meeting "Strengthening Monitoring of Unfair Trading, etc."

The Korea Exchange recently held an emergency market inspection meeting on the morning of the 9th to urgently review the financial market situation and future domestic and international stock market outlooks in order to ensure stable market operations amid changes in the political situation.

Korea Exchange, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@

The Exchange plans to strengthen monitoring of unfair trading practices such as market manipulation to prevent the spread of investment anxiety caused by baseless rumors.

Additionally, as market volatility may increase depending on the outcome of the upcoming U.S. Federal Open Market Committee (FOMC) meeting next week, the Exchange stated that it will maintain close cooperation and response systems with related agencies such as the Financial Services Commission to do its best to stabilize the market.

An Exchange official said, "If market instability continues, we plan to establish and operate an emergency market operation committee on a regular basis."