KRX Derivatives Membership Penalties

Updated on: May 19, 2025

Latest Event


  • May 2025 Revisions Finalized
  • On May 15, 2025, KRX published the Detailed regulations effective from Jun. 9, 2025.

On Apr. 30, KRX proposed revision re market surveillance penalties.

  • KRX proposed revising Detailed regulations on market surveillance, to improve criteria for imposing penalties, following launch of night-time trading in the derivatives market.
  • Follows KRX Apr. 2025 press release re introduction of night trading system, #249103.
  • Outline of Revisions
  • The date standard for additional imposition of summary penalties related to derivatives market and the date standard for violations will be the same as the trading day.
  • Revised the membership penalty imposition notification form in order to reflect the penalty rate for non-payment of membership fees which is reduced to 6% per annum.
  • Consultation Period
  • Comments shall be submitted by May 7, 2025.
  • May 2025 Revisions Finalized
  • On May 15, 2025, KRX published the Detailed regulations effective from Jun. 9, 2025.
Regulators
KRX
Entity Types
B/D; Exch; Inv Co
Reference
RF, Reg 2329, 5/15/2025; CP 1, Form, 4/30/2025
Functions
Compliance; Financial; Legal; Operations; Trading; Treasury
Countries
South Korea
Category
State
N/A
Products
Derivatives; Fund Mgt; Securities
Rule Type
Final
Regions
AP
Rule Date
Apr 30, 2025
Effective Date
Jun 9, 2025
Rule ID
252803
Linked to
Reg. Last Update
May 15, 2025
Report Section
International