OSE Revises Trading Hours for Derivatives Trading
Please note that OSE will extend the trading hours of night session (currently, evening session) until 3:00 on the next day from July 19, 2011, in order to improve convenience for investors, as originally announced on May 17, 2011.
From the viewpoint of meeting the market needs, OSE partially makes necessary revisions, such as extending the trading hours of an evening session, which starts after the closing of cash markets.
OSE sought the public comments on “Partial Revision of Trading Hours (DRAFT)” from January 25, 2011 to February 24, 2011. As there is no such comment that the draft should be revised, OSE revises the related rules and regulations as originally proposed, and will enforce them as follows.
1. Revisions Outline
Trading hours for stock index futures and options will be changed as follows.
1. Night session (currently, evening session)
From 4:30 p.m. to 3:00 a.m. on the next day (currently, 11:30 p.m. on the day)
2. J-NET derivatives trading
From 8:20 a.m. to 4:00 p.m. and from 4:30 p.m. to 3:00 a.m. on the next day (currently, 11:30 p.m. on the day)