In today’s briefing:
- Korea’s First ATS Launching March 4: Arb Opportunities to Watch

Korea’s First ATS Launching March 4: Arb Opportunities to Watch
- Korea’s first ATS goes live on March 4, starting with 10 tickers based on liquidity and market cap, expanding to 800 over time. First 10 revealed next week.
- KRX vs ATS arbitrage will be key, with execution speed differences causing price dislocations, especially for KOSPI 200 stocks. Lower ATS fees may shift institutional flow, increasing arb opportunities.
- On top of that, lack of market makers could widen bid-ask spreads, creating opportunities for spread scalpers to profit.
