South Korea's financial regulator, the Financial Services Commission, is intensifying monitoring efforts to detect unfair trading following the launch of the country's first alternative stock exchange Nextrade (NXT), on March 4, Yonhap News reported Monday.
The FSC, along with related agencies, implemented a unified market monitoring system to address possible loopholes. With NXT operating for 12 hours every day (8am to 8pm), longer than the main Korea Exchange bourse, authorities expect increased risks of illegal trading activities, the report said.
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