Eunbo Jeong runs in direction of growing worth on the a hundredth day of its institution as an Change, the actions are ‘brief promoting’ and ‘different exchanges’.

[비즈니스포스트] “Korea Change should be central to the success of company worth assist measures.”

Eunbo Jeong The Chairman of the Korea Change mentioned this at a gap ceremony on February 15, presenting the institution of company worth growth administration as a precedence.

100 days later, Chairman Chung succeeded in confirming the worth up route sooner than the market initially anticipated in June.

To commemorate his a hundredth day in workplace, Chairman Chung held a press convention on the Korea Change’s Seoul workplace constructing on the twenty fourth and introduced the change’s key future enterprise methods, giving into measures to assist the rise of company worth.

On the assembly on at the present time, Chairman Jeong concluded and introduced the route of company worth. That is the final plan added after the second seminar on company value-added assist measures held in early Might.

Specifically, monetary and non-financial indicators have been added that can be utilized when judging an organization’s standing, and every firm may develop an applicable plan based mostly on progress and traits.

In the course of the first 100 days of his institution, Chairman Chung labored arduous as the pinnacle of the Korea Change to assist the company worth program put ahead by the federal government.

On the finish of February, lower than 15 days after taking workplace, the corporate introduced outlines of its value-added assist plan through the first seminar on value-added assist. a particular group was arrange for the Korea Change and a advisor group was set as much as earnestly collect concepts.

Lower than a month after his inauguration, he went on a enterprise journey overseas to advertise the value-added coverage, and held a number of conferences with the monetary business and firms in Korea to take heed to voices from the sphere .

As work was accomplished with distant sensing, the ultimate tips have been confirmed sooner than in June, after they have been first introduced on the first convention held in February.

Though there are nonetheless associated actions, corresponding to supporting future company worth business participation and asserting the KRX Korea Worth Trade Index to encourage funding, one of many important actions on to complete.

Eunbo Jeong, a hundredth day since taking workplace on the Change, is transferring in direction of growing worth, the work is ‘brief promoting’ and ‘different change’ ” peak=”150″ src =”https://www.businesspost.co.kr/ information/image/202402/20240215152754_107708.jpg “width=”300” />

▲ On February 15, the eighth session was held on the Busan headquarters of the Korea Change (BIFC). Eunbo Jeong The chair’s dedication ceremony is being held (picture).

Though the institution of the Worth Up Directive has been accomplished, it’s assessed that Chairman Chung nonetheless faces important challenges.

Establishing a system to detect unlawful brief gross sales upfront is taken into account an pressing job.

Monetary authorities plan to arrange a central blocking system on the Korea Change that can routinely detect unlawful brief promoting always. Since many voices are calling for the institution of a brief promoting system earlier than brief promoting resumes, evidently Chairman Chung should pace up the institution of the system.

Chairman Jeong mentioned, “The event time for the central barrier system is at the moment anticipated to take about 10 months to 1 12 months, we are going to take these components under consideration to find out the perfect answer.” “We are going to do our greatest to create a system with the content material as quickly as doable,” he mentioned.

With the primary Industrial Change (ATS) in Korea launching within the first half of subsequent 12 months, the response of the competitors system between exchanges can be being thought-about as one other operate.

Within the home inventory market, the Korea Change has monopolized inventory buying and selling for almost 70 years. As the choice change ‘Nextrade’ is predicted to be launched within the first quarter of 2025, modifications are anticipated within the home securities market.

First, the Korea Change is growing infrastructure in preparation for modifications available in the market atmosphere with its subsidiary KOSCOM on the forefront. We’re accelerating the development of infrastructure to reply to a number of buying and selling markets.

Chairman Jeong mentioned, “We are going to construct a totally built-in market administration system, together with market measures, a brief promoting administration system, and an built-in market monitoring system, to make sure that there aren’t any blind spots in investor safety.” the a number of market. system.”

Coping with different exchanges and competing programs can be anticipated to be a serious problem.

He mentioned, “On the stage when the choice change was created, we imagine that the necessity for the Korea Change to seek out new sources of revenue, not simply brokerage charges for buying and selling inventory hundreds, has gone up. “We try to reorganize,” he mentioned.

Chairman Jeong was appointed chairman of the Korea Change on January 18 this 12 months and took workplace on February 15. The time period of workplace is three years till February 14, 2027. Reporter Jeong Hee-kyung