Interactive Brokers adds Nextrade ATS for Korean equity trading

Interactive Brokers Group (Nasdaq: IBKR) announced the launch of select Korean equities through Nextrade, described as South Korea's first Alternative Trading System (ATS), expanding the broker's existing access to Korean stocks beyond the Korea Exchange (KRX).

Nextrade offers access to approximately 650 securities from the KOSPI and KOSDAQ markets and operates across a 12-hour trading window from 8:00 AM to 8:00 PM KST, divided into three sessions: Pre-Market (8:00–8:50 AM), Standard (9:00 AM–3:20 PM), and After-Market (3:30–8:00 PM).

Interactive Brokers has enabled its IB SmartRouting system across both KRX and Nextrade, automatically directing orders to whichever venue offers the better price at the time of execution.

"By adding Nextrade alongside the Korea Exchange, we're giving clients greater flexibility and more ways to capture opportunities in one of Asia's most compelling markets," said David Friedland, Managing Director for Asia Pacific at Interactive Brokers.

Access to Korean equities through Nextrade via Interactive Brokers is not available to residents of South Korea. Product availability varies by Interactive Brokers affiliate and client country of residence.

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