Alternative exchange (Nextrade)

A second venue for trading Korean shares alongside the exchange

In detail

An alternative trading system matches share trades outside the exchange; in Korea, Nextrade (NXT) began trading on 4 March 2025. It runs a pre-market from 8:00 to 8:50, a main market from 9:00:30 to 15:20 and an after-market from 15:40 to 20:00. It does not carry every listed stock โ€” it picks from KOSPI 200 and KOSDAQ 150 members and other large names, reviewed every quarter. Your broker decides which venue each order goes to under its best-execution policy.

Example

If results come out at 8:10, an NXT-listed stock can trade in the pre-market until 8:50.

Related terms

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For learning, not investment advice. Decisions are your own.

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