The Korea Stock Exchange can be described as a division of the lot bigger Korea Exchange (KRX, or the Exchange).
Beforehand, Korea's stock market was an independent element.
In the year 2005, the Korea Stock Exchange converged with the Korea Futures Exchange and the electronic market, KOSDAQ, to give shape to the Korea Exchange.
The Exchange is the only securities exchange administrator in the nation of South Korea, making markets in equities, securities, stock index futures, stock index options, as well as equity options.
Korea Exchange's is headquartered in the city of Busan, and it has an office for cash markets and oversight in the city of Seoul.
Since its beginning in the year 1956, the Korea Stock Exchange had worked freely. Preceding its 2005 merger to frame KRX, the Korea Stock Exchange made the Korean Securities Dealers Automated Quotations (KOSDAQ)— an exchanging stage like its American partner, NASDAQ, of the National Association of Securities Dealers (NASD).
In addition to launching electronic exchanging, some of the Exchange's achievements include setting up a stock index futures as well as options Market in the years 1996–97; trading warrants in the year 2000, and equity options and exchange traded funds (ETFs) in the year 2002.
Today, speculators can exchange different instruments on the Exchange that include stocks, bonds, exchange traded funds, as well as real estate investment trusts or REITs. KOSDAQ lists more than 1000 high profile organizations that include Korea New Network, Imagine Asia, Macrogen, Daewon Media, FNC Entertainment, Genie Music, as well as SK Broadband.