Korea Investment & Securities announced on September 16 that it will newly list 309 Equity-Linked Warrants (ELWs).
The listed securities include 12 index-type ELWs based on the KOSPI 200 and KOSDAQ 150 as underlying assets, and 297 stock-type ELWs based on individual stocks such as Samsung Electronics, POSCO Holdings, Doosan Enerbility, and Hyundai Engineering & Construction.
An ELW is a product that allows investors to trade the right to buy or sell individual stocks or stock indices at a predetermined price on the maturity date. If an investor expects the underlying asset to rise, they can purchase a call ELW; if a decline is expected, they can buy a put ELW, thereby gaining profit opportunities regardless of market conditions. However, if the price of the underlying asset does not move in the anticipated direction, up to 100% of the principal may be lost at maturity.
Korea Investment & Securities currently ranks first in both trading volume and the number of listed products in the Korea Exchange ELW market.
Meanwhile, to trade ELWs, investors are required to complete a risk profile assessment and prior investor education. In addition, new customers must meet a minimum basic deposit requirement of 15 million won. Further details are available on the dedicated Korea Investment & Securities ELW website and the KakaoTalk channel "TRUE ELW."
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