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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – Alternative trading platform NextTrade (NXT) announced today that it will suspend trading in 66 additional stocks starting September 22, as part of efforts to comply with regulatory trading volume limits.
The suspension covers 11 KOSPI-listed companies – including Daehan Shipbuilding, DB HiTek, STX Engine, and Sejin Heavy Industries – and 55 KOSDAQ-listed firms. These stocks will be excluded from both the regular and closing auction markets.
Including the 79 stocks already restricted, a total of 145 stocks will now be suspended from trading on NXT. A company spokesperson explained:
“This measure ensures stable compliance with trading caps under the Capital Markets Act. NXT plans to maintain around 650 tradable stocks by year-end, below the originally targeted 800.”
Under current regulations, an alternative trading system (ATS) cannot exceed 15% of the Korea Exchange’s (KRX) average daily trading volume over the past six months. Although the Financial Services Commission (FSC) recently eased certain ATS restrictions, the overall number of eligible stocks must remain below 700.
NXT has been adjusting its stock pool to meet these requirements, suspending 26 stocks in August and 53 in September before this latest announcement.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
