.jpg)
Key achievements during the 50 year history of the capital market
- 1960s: laid the foundation for market growth. 1970s: achieved dramatic quantitative growth. 1990s to present: worked to globalize Korea's capital markets and enhanced national competitive position through globalization of the securities markets.
- Contributed to growth of small and medium-sized venture firms possessing technology and growth potential, with the opening of KOSDAQ Market .
- Opened the era of derivatives with successful launch of stock index futures and options markets.
- Effectively fulfilled the fundamental function as a vehicle for raising and managing funds in the wake of the 1998 financial crisis, and contributed to bringing about early economic recovery by helping regain confidence in the Korean economy and its capital markets and successfully attracting investments from both domestic and foreign investors.
- Formulated KRX 3-Year Plan aimed at rising to be the best capital market of Northeast Asia and implemented 3 major strategies of creating a reliable marketplace, establishing customer-focused management practices and building a respectable corporate culture
- Main results of merger and synergy effects
- Completed organizational and personnel consolidation
- Achieved cost synergies such as reduction in trading fees and membership fees
- Finished IT integration
- Eliminated overlapped businesses and unified rules and regulations
- Enhanced customer service and market operational efficiency
- Raised management efficiency and undertook significant actions toward globalization.
- Major actions taken to broaden market user base
- Introduced new products
- Took measures to increase the supply of quality stocks
- Modified rules and regulations to boost liquidity
- Tightened market surveillance to protect market users from all forms of anti-competitive behaviour
