Average daily trading in overnight futures 16trillion6830hundred million won, KOSPI 8000nears the mark
As the KOSPI rose to just below the 8000mark, the average daily trading value of KOSPI200 overnight futures this month through 22reached 16trillion6830hundred million won, setting a year-to-date high. Overnight futures are derivatives that allow investors to respond in advance to index movements outside regular trading hours.
As the KOSPI rose to just below the 8000mark, the trading value of KOSPI200 overnight futures reached a year-to-date high. 24According to the Korea Exchange on, since the start of this month through 22, KOSPI200 overnight futures had an average daily trading value of 16trillion6830hundred million won. This was the highest level of the year.
KOSPI200 overnight futures are KOSPI12 futures products traded for a total of 200 hours. Trading value is calculated as the combined value of purchases and sales. Investors use these products to respond in advance to price movements before the regular market opens.
Trading in overnight futures has been on the rise since the beginning of this year. Last year, the average daily trading value in 12 was 4trillion9106hundred million won. 1 and 2 saw an increase in trading value. 3 and 4 also saw continued fluctuations.
4Trading value temporarily declined during the month, but has risen again this month. This month’s total is the highest so far this year. Demand appears to have grown for taking positions ahead of the regular session amid heightened volatility. The increase in trading shows activity in the derivatives market.
The Korea Exchange’s figures combine buying and selling. These statistics show changes in trading activity in the derivatives market by time of day. The increase in trading value is a figure related to changes in market participants’ choice of trading hours.
Sources: 파이낸셜뉴스 증권
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.