What is KOSDAQ?
Established in 1996, KOSDAQ is an acronym of Korean Securities Dealers Automated Quotations and is an electronic stock market and the second trading board of Korea Exchange (KRX) in South Korea. The market's opening hours are 9.00am until 3.30pm KST.
Where have you heard about KOSDAQ?
Now operating as SME Market Division of KRX, KOSDAQ lists over 1000 high-profile companies including Korea New Network, Imagine Asia, Macrogen, Daewon Media, FNC Entertainment, Genie Music and SK Broadband.
What you need to know about KOSDAQ.
KOSDAQ was initially set up as an independent stock market from the Korean Stock Exchange by Korea Financial Investment Associated. Its main purpose was to modernise and computerise the market. In 1997 during the Asian financial crisis, KOSDAQ market indexes dropped, causing investors to suffer heavy losses, but recovered quickly thanks to the South Korean Economy recovering quickly in general. In recent years, KOSDAQ has enjoyed a healthy growth, with an increasing amount of retail investors putting borrowed money into businesses listed on the market.
Find out more about KOSDAQ.
Explore KOSDAQ further by reading our definition of Korea Exchange (KRX).