Home / Business and Economy / 24/7 Won Trading Begins Amidst Low Volume
24/7 Won Trading Begins Amidst Low Volume
7 Jul
Summary
- Korean won trading commenced 24/7 on Monday.
- Trading volume was below average compared to the past 30 days.
- Dollar-won spot trading volume reached approximately $15.1 billion.
The Korean won entered its new era of 24-hour trading on Monday, marking a significant shift in its market operations. However, the inaugural session saw trading volumes that were below the average observed over the preceding 30 days.
This period of extended trading commenced with a largely uneventful market. Data from the Seoul Money Brokerage indicates that the total volume for dollar-won spot trading on this day reached approximately $15.1 billion. The subdued activity suggests a cautious initial market response to the new, continuous trading hours.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
