Korea Exchange to List 16 Additional Single Stock Futures and 4 Single Stock Options Next Month

The Korea Exchange announced on September 1 that it will additionally list 16 single stock futures and 4 single stock options on September 27.

The newly listed single stock futures are based on 16 stocks that were included in the KOSPI 200 and KOSDAQ Global indices in the first half of this year.

For single stock futures, 9 stocks from the KOSPI market-including DN Automotive, HDC, and HD Hyundai Marine Solution-and 7 stocks from the KOSDAQ market-including ISC, Dongwha Enterprise, and Soulbrain-will be listed.

With this listing, 12 stocks that have been excluded from the relevant indices, such as Geumyang, Sam-A Aluminium, and Chunbo, will also be removed from the underlying assets of single stock futures.

For single stock options, Samsung Heavy Industries, Hanwha Systems, Hanwha Ocean, and Hyundai Rotem will be newly listed as underlying assets.

The exchange stated, "The underlying assets being excluded this time do not have listed single stock options, so only their single stock futures will be delisted. With this additional listing, it will now be possible to trade single stock options for most of the top market capitalization stocks on the KOSPI market, including Hanwha Ocean."

They added, "Single stock futures subject to trading termination can only be traded until October 2, the final trading day for October contracts this year, so investors should take note when trading these futures."