Korea Capital Market Institute

The Evolving Landscape of US Overnight Stock Trading Markets and its Implications [Senior Research Fellow] Lee, Sungbok Over the eight months since Korean broker-dealers suspended daytime trading services for US stocks, the US overnight stock trading landscape has undergone significant developments. The number of alternative trading systems (ATSs) offering overnight trading sessions has doubled from two to four, and major exchanges are preparing to enter the overnight trading segment. NYSE Arca—... Reassessing the Role of Korea Treasury Bonds in the Korean Financial Market [Research Fellow] Jung, Whayoung In Korea’s financial market, the role of Korea Treasury Bonds (KTBs) has expanded significantly across multiple dimensions. Above all, KTBs serve as a primary instrument for financing the government’s fiscal activities. As the role of fiscal policy expands, the government has increasingly relied on KTB issuance, a trend expected to gain momentum amid weakening private-sector gr...