South Korean stock market to open at 10 a.m. on CSAT day, the 19th; close also pushed back by an hour

[Financial News] With the College Scholastic Ability Test (CSAT) taking place on the 19th, South Korea’s stock market will begin trading at 10 a.m., one hour later than usual. The market will also close one hour later, at 4:30 p.m.
According to the Korea Exchange on the 5th, regular trading hours on the KOSPI Market, KOSDAQ Market and KONEX Market will change on the 19th, when the 2027 College Scholastic Ability Test is held, from 9 a.m. to 3:30 p.m. to 10 a.m. to 4:30 p.m.
Pre-market off-hours trading will also be pushed back by one hour. Pre-market off-hours closing-price trading will run from 9:30 to 9:40 a.m. Post-market off-hours closing-price trading will run from 4:40 to 5 p.m.
The aftermarket, which uses off-hours continuous trading, will open at 5 p.m. and close at 8 p.m., as usual. However, exchange-traded funds (ETFs), exchange-traded notes (ETNs) and listed beneficiary certificates will not be eligible for aftermarket trading.
Trading hours in the derivatives market will also be adjusted in part. Stock-related derivatives, including KOSPI 200 Futures and Options and KOSDAQ 150 Futures and Options, and interest-rate products such as government bond futures will open at 9:45 a.m. and close at 4:45 p.m. Some contracts reaching their final trading day will stop trading at 4:20 p.m.
By contrast, U.S. dollar futures, yen, euro and yuan futures, and gold futures will have their opening time delayed by one hour to 9:45 a.m., while their closing time will remain 3:45 p.m. Pork futures will keep their existing trading hours.
The opening time for overnight derivatives trading will shift from 6 p.m. to 7 p.m., while the closing time will remain 6 a.m. the following day.
In the general commodities market, the gold market will open at 10 a.m. and close at 3:30 p.m. Trading hours in the oil and emissions markets will not change. The Korea Exchange Startup Market (KSM) will operate from 10 a.m. to 4:30 p.m.
Settlement hours for securities and derivatives will also be adjusted. Settlement in the general bond market and the repurchase agreement (Repo) market will be pushed back by one hour, to between 4:30 and 5:30 p.m. Settlement for the stock market, the government bond inter-dealer market and the on-exchange derivatives market will take place from 10 a.m. to 4 p.m.
The application window for clearing over-the-counter derivatives will be changed to 10 a.m. to 5:30 p.m., while trade confirmation services will run from 9 a.m. to 5:30 p.m.
[email protected] Lee Jeong-hwa Reporter