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The '''Korean Securities Dealers Automated Quotations''' ('''KOSDAQ'''; {{Korean|hangul=코스닥}}) is a trading board of [[Korea Exchange]] (KRX) in [[South Korea]] established in 1996.<ref name=":0">{{Citation |last=유 |first=광호 |title=코스닥 (KOSDAQ) |encyclopedia=[[Encyclopedia of Korean Culture]] |url=https://encykorea.aks.ac.kr/Article/E0058638 |access-date=2024-06-18 |publisher=[[Academy of Korean Studies]] |language=ko}}</ref> Initially set up by [[Korea Financial Investment Association]] as an independent [[stock market]] from the Korean Stock Exchange, it was benchmarked from the American counterpart, [[NASDAQ]]. KOSDAQ is an electronic stock market, just like NASDAQ. The open hours for the market are 09:00AM to 03:30PM [[Korea Standard Time|KST]].
The '''Korea Securities Dealers Automated Quotations''' ('''KOSDAQ'''; {{Korean|hangul=코스닥}}) is a trading board of [[Korea Exchange]] (KRX) in [[South Korea]] established in 1996.<ref name=":0">{{Citation |last=유 |first=광호 |title=코스닥 (KOSDAQ) |encyclopedia=[[Encyclopedia of Korean Culture]] |url=https://encykorea.aks.ac.kr/Article/E0058638 |access-date=2024-06-18 |publisher=[[Academy of Korean Studies]] |language=ko}}</ref> Initially set up by [[Korea Financial Investment Association]] as an independent [[stock market]] from the Korean Stock Exchange, it was benchmarked from the American counterpart, [[NASDAQ]]. KOSDAQ is an electronic stock market, just like NASDAQ. The open hours for the market are 09:00AM to 03:30PM [[Korea Standard Time|KST]].


It is now operated as SME Market Division of KRX. As of February 2021, 1476 companies are listed on KOSDAQ for trading.<ref>{{Cite web|last=|first=|date=|title=KOSDAQ website|url=http://global.krx.co.kr/main/main.jsp|archive-url=|archive-date=|access-date=2021-02-06|website=GLOBAL KRX}}</ref>
It is now operated as SME Market Division of KRX. As of February 2021, 1476 companies are listed on KOSDAQ for trading.<ref>{{Cite web|last=|first=|date=|title=KOSDAQ website|url=http://global.krx.co.kr/main/main.jsp|archive-url=|archive-date=|access-date=2021-02-06|website=GLOBAL KRX}}</ref>

Latest revision as of 02:50, 3 October 2025

Template:Short descriptionTemplate:Needs more referencesTemplate:Infobox Chinese/HeaderTemplate:Infobox Chinese/KoreanTemplate:Infobox Chinese/Footer The Korea Securities Dealers Automated Quotations (KOSDAQ; Korean: Script error: No such module "Lang".Script error: No such module "Category handler".) is a trading board of Korea Exchange (KRX) in South Korea established in 1996.[1] Initially set up by Korea Financial Investment Association as an independent stock market from the Korean Stock Exchange, it was benchmarked from the American counterpart, NASDAQ. KOSDAQ is an electronic stock market, just like NASDAQ. The open hours for the market are 09:00AM to 03:30PM KST.

It is now operated as SME Market Division of KRX. As of February 2021, 1476 companies are listed on KOSDAQ for trading.[2]

History

In July 1986, The South Korean government passed the "Market Organization for Vitalization of Publicly Traded Assets for Small Businesses Act" in order to provide a way for small and intermediate businesses to raise capital through publicly traded shares, and to provide investors with new routes of investments.Script error: No such module "Unsubst". In April 1987, the Market Organization was achieved, and the first three companies were registered.[1]

On May 17, 1996, the KOSDAQ Securities Exchange (코스닥증권시장) was established in order to vitalize, modernize and fully computerize the market. KOSDAQ went into fully service on July 1, 1996.[1]

During the 1997 Asian financial crisis, KOSDAQ market indexes plummeted and investors suffered heavy losses, but due to the quick recovery of the South Korean Economy, KOSDAQ saw rapid recovery and increase in market capitalization through the early 21st century.

See also

References

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External links

Template:Economy of South Korea

Template:Stock Market Indices


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