South Korea extends short-selling ban to March 2025

Financial regulator plans to develop an electronic system to prevent illegal trades

20240613 dealing room at Korean bank

A dealing room at KEB Hana Bank's headquarters in Seoul on May 30. © AP

LISA KIM, Nikkei staff writer

TOKYO -- South Korean financial authorities said Thursday they are extending a ban on short-selling to the end of next March because they need more time to develop an electronic system to block illegal trades. 

Short-selling is a trading strategy of borrowing shares to buy later when the price falls. 

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