The Financial Services Commission plans to set up by March next year an electronic monitoring platform, first introduced in April to better detect naked-short sales. — Reuters
SEOUL: South Korea says the ban on short-selling of stocks will be extended for now as the government focuses on developing a system to control illicit trading practices before resuming the trading strategy.
The Financial Services Commission (FSC) plans to set up by March next year an electronic monitoring platform, first introduced in April to better detect naked-short sales, the regulator said yesterday after a meeting with the ruling party and related financial agencies.
