S Korea – FSC Renews Ban on Short Selling

S Korea – FSC Renews Ban on Short Selling

On 23 November 2023, SK FSS, KRX formed a task force with SK FIA and the industry, held a kick-off meeting to develop a computer system for preventing naked short selling.

  • Will discuss ways to build an internal computer system for institutional investors conducting short selling, to operate a real-time system to block naked short selling.
  • The task force will be held at least once a month, and will be operated until the computer system is built; its working group will be formed, be held every other week.
  • SK FSS will support the task force by forming a short selling computer system support team, which will be composed of personnel well-versed in IT and foreign languages.