Korea Investment & Securities Lists 316 New ELW Stocks

Korea Investment & Securities announced on the 16th that it will newly list 316 Equity-Linked Warrants (ELWs). The listed items include 173 index-type ELWs based on the KOSPI 200 and KOSDAQ 150 indices, and 143 stock-type ELWs based on underlying assets such as Samsung Electronics, SK Hynix, HD Hyundai Heavy Industries, and Yuhan Corporation.

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 an increase in the underlying asset is expected, investors can purchase call ELWs; if a decrease is expected, they can purchase put ELWs, thereby gaining profit opportunities regardless of market conditions. However, if the underlying asset price does not move in the initially anticipated direction, losses of up to 100% of the principal can occur at maturity.

Korea Investment & Securities currently ranks first in both trading volume and number of listed items in the Korea Exchange ELW market.

Meanwhile, to trade ELWs, an investment propensity diagnosis and completion of prior investor education are required. New customers must also 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'.