South Korea's securities trading system, Nextrade, which was only a few months old, quickly took up nearly one-third of the country's $2.4 trillion stock market turnover, highlighting that demand for round-the-clock trading is driving the explosive growth of the market. With strategies to extend trading time and reduce transaction fees, Nexttrade's share of stock trading volume has expanded from less than 4% when it was established in March to nearly 30% last month. Its rapid development caught regulators by surprise and prompted them to urgently review rules limiting the volume of this alternative trading system. The Korean Exchange is also alert and forced to reconsider its long-standing resistance to extended trading hours. Nextrade is open for 12 hours a day, while the Korea Exchange is open for 6.5 hours. Nextrade's pre-market trading feature is one of its highlights.

South Korea's securities trading system, Nextrade, which was only a few months old, quickly took up nearly one-third of the country's $2.4 trillion stock market turnover, highlighting that demand for round-the-clock trading is driving the explosive growth of the market. With strategies to extend trading time and reduce transaction fees, Nexttrade's share of stock trading volume has expanded from less than 4% when it was established in March to nearly 30% last month. Its rapid development caught regulators by surprise and prompted them to urgently review rules limiting the volume of this alternative trading system. The Korean Exchange is also alert and forced to reconsider its long-standing resistance to extended trading hours. Nextrade is open for 12 hours a day, while the Korea Exchange is open for 6.5 hours. Nextrade's pre-market trading feature is one of its highlights.