Korea Investment & Securities Lists 338 New ELW Issues

200 KOSPI 200 Index-Type ELWs
138 Stock-Type ELWs Including Samsung Electronics

Korea Investment & Securities announced on the 23rd that it will newly list 338 equity-linked warrants (ELWs).

The newly listed products consist of 200 index-type ELWs based on the KOSPI 200 as the underlying asset, and 138 stock-type ELWs based on underlying assets such as Samsung Electronics, SK hynix, Shinhan Financial Group, and Doosan Enerbility.

An ELW is a product that allows investors to trade the right to buy or sell individual stocks or stock indices at a pre-determined price on the maturity date. If an investor expects the underlying asset to rise, they can purchase a call ELW, and if they expect it to fall, they can purchase a put ELW, thereby obtaining profit opportunities regardless of overall market conditions. However, if the price of the underlying asset does not move in the initially expected direction, up to 100% of the principal may be lost at maturity.

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

Meanwhile, to trade ELWs, investors are required to undergo an investment propensity assessment and complete prior investor education. In addition, new customers must meet a minimum basic margin requirement of 15 million won. Further details are available on the Korea Investment & Securities ELW dedicated website and on the KakaoTalk channel "TRUE ELW".