Democratic Social gathering of Korea lawmaker Park Yong-jin stated on Feb. 15 that 56 home and overseas securities corporations took a price of 354.1 billion received as brief promoting brokers from 2014 to 2020.
The quantity contains greater than 250 billion received taken by Merrill Lynch, Morgan Stanley, UBS and Credit score Suisse. The brief promoting price earnings of Credit score Suisse amounted to 86.72 billion received and people of Merrill Lynch, Morgan Stanley and UBS added as much as over 59 billion received, 56.8 billion received and 48.76 billion received, respectively.
These of Samsung Securities, Mirae Asset Daewoo, Shinhan Funding, NH Funding & Securities, Korea Funding & Securities and KB Securities have been roughly 16.8 billion received, 9.49 billion received, 7.55 billion received, 4.74 billion received, 4.45 billion received and 1.55 billion received, respectively.
The Korea Securities Depository is planning to launch a brand new inventory lending and borrowing system on March 8 in an effort to forestall bare brief promoting. It stated on Feb. 15 that the free system will retailer unique lending and borrowing contracts with security.