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-====== Korea Exchange (KRX) ======
-The primary equities exchange in Korea.
-[[http://eng.krx.co.kr | Homepage]]\\
-Currency: South Korean Won (KRW)
-===== Trading Hours & Calendar =====
-[[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_1/UHPENG07004_01_01_01.html | Trading Hours]]
-[[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_1/UHPENG07004_01_01_01.html | Holiday Calendar]]
-===== Trade Execution Summary =====
-The KRX aims to be a 'World-Class Premier Exchange' as its vision. The KRX is making concerted efforts to establish an orderly capital market and achieve sustainable growth through providing trustworthy services for the society and build up effective and stable systems and infrastructure.
-==== Lit Order-types ====
-  * Limit Buy/Sell->ShortSell
-  * Market Buy/Sell->ShortSell
-  * Market-on-Open/Close Buy/Sell->ShortSell
-  * Limit-on-Open/Close Buy/Sell->ShortSell
-==== Basic Market Rules ====
-  * [[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_1/UHPENG07004_01_01_03.html | Lot Size]] - minimum lot size is 10 shares (1 share if base price of the issue on that day is above KRW 50,000)
-  * [[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_1/UHPENG07004_01_01_02.html | Tick Size]] - Up to KRW 1000 = 1 ; 1000 to 5000 = 5 ; 5000 to 9990 = 10; 10000 to 49950 = 50; 50000 to 99900 = 100; 100000 to 499500 = 500; greater or equal to 500000 = 1000.
-  * [[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_1/UHPENG07004_01_01_04.html | Daily Price Limit]] - current price limit in the KOSPI market is 15% for stocks, KDRs and ETFs.
-  * [[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_4/UHPENG07004_01_04_05.html | Short Sale Rules]] - short selling is permitted subject to restrictions and regulations. Short sales should be reported as such to the exchange. All short sales must be executed on the uptick.]
-  * [[http://eng.krx.co.kr/m7/m7_4/m7_4_1/m7_4_1_4/UHPENG07004_01_04_02.html | Circuit Breakers]] - all the trading shall be suspended in case KOSPI decreases continuously for 1 minute more than 10% of closing price of the very preceding day. Once circuit breakers is exercised, suspension is made for 20 minutes. The KRX resumes trading 20 minutes after issue of circuit breakers. The first price shall be formed in single price for 10 minutes from the resumption and then crowd trading shall be applied to.
-==== Auction Mechanisms ====
-=== Open ===
-The opening auction procedure begins at 10:00AM and lasts for about 10 minutes. The reason for this is that stocks are divided into 5 groups which open sequentially as follows:
-  * Group 1 (A-B) 10:00:00AM +/- 15 sec
-  * Group 2 (C-F) 10:02:15AM +/- 15 sec
-  * Group 3 (G-M) 10:04:30AM +/- 15 sec
-  * Group 4 (N-R) 10:06:45AM +/- 15 sec
-  * Group 5 (S-Z) 10:09:00AM +/- 15 sec
-For a detailed description of how the opening price is calculated, see [[http://www.asx.com.au/products/calculate-open-close-prices.htm | here]].
-=== Close ===
-The closing price is calculated in the same way as the opening price. Details can be found [[http://www.asx.com.au/products/calculate-open-close-prices.htm | here]].
-Note: From 4:00PM - 4:10PM the market is placed in the same state as during the pre-open, meaning that orders can be entered, changed and cancelled, but no orders will trade.
-===== Additional Info =====
-Here you can find a number of third-party reference sources to help you learn more about the Australian equities markets.
-==== Financial News/Research ====
-  * [[http://www.theaustralian.com.au/business | The Australian: Business Section]]
-  * [[http://afr.com/business | The Australian Financial Review: Business Section]]
-  * [[http://au.finance.yahoo.com/ | Yahoo!Finance - Australia]]
-  * [[http://www.smh.com.au/business/markets | Sydney Morning Herald - Markets Section]]
-==== Market Data ====
-  * [[http://eng.krx.co.kr/m2/m2_1/m2_1_1/JHPENG02001_01.jsp | KRX Market Data]]
-  * [[http://estock.koscom.co.kr/index.jsp | Koscom Stock Information]]
-===== See Also =====
-===== References =====