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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] SEOUL, South Korea — November 3, 2025 — NextTrade, a South Korean alternative trading platform, announced on Monday that it will suspend trading of 20 listed stocks, including Kakao Corp. (035720), Mirae Asset Securities Co. (006800), and EcoPro Co. (086520), for approximately two months to ensure compliance with its trading volume cap.
According to NextTrade, the temporary suspension — effective from November 5 through December 30 — is part of a measure to “reduce the number of eligible securities for trading execution” as part of its internal limit management policy.
The restriction affects 11 KOSPI-listed companies, such as Kakao and Hanmi Semiconductor, and 9 KOSDAQ-listed firms, including EcoPro and Hana Micron.
The move is designed to adhere to South Korea’s so-called “15% rule,” which stipulates that NextTrade’s average daily trading volume for any listed stock must not exceed 15% of that stock’s average daily volume on the Korea Exchange (KRX).
The compliance threshold is assessed based on a six-month rolling average of monthly trading data as of the end of each month.
NextTrade stated that it will review the suspended stocks after the restriction period and may reinstate eligible securities depending on volume trends and market stability.
알파경제 Kim Jisun (stockmk2020@alphabiz.co.kr)
