We now have new developments on the short selling ban in Korea: The ban will continue indefinitely until the Korean version of EquiLend is in place.
Boomeranged on Mon, 5 Feb 2024 16:50
Lee Bok-hyun, head of FSS, discussed progress in short selling computerization publicly yesterday on KBS. He confirmed collaboration between the FSS, KRX, and FSC to combat illegal short selling and enhance computerization. Emphasizing the goal of eliminating naked short selling, a unified central system for brokers is seen as a more probable outcome than tradable SBL. More details in DISCUSSION.