The official marketplace where shares change hands
An exchange collects buy and sell orders, sets prices, and settles trades. Most countries have a main exchange, often divided into segments with different size and listing standards. Listing requires meeting size and disclosure standards. Investors send orders to the exchange through a broker.
If an exchange closes at 15:30, an order placed at 16:00 waits for the next business day's session.
Japan — In Japan the Tokyo Stock Exchange is the center, split into the Prime, Standard and Growth segments. It trades on weekdays from 9:00 to 11:30 and 12:30 to 15:30.
South Korea — The Korea Exchange (KRX) runs the KOSPI, KOSDAQ and KONEX markets. Its regular session is 9:00 to 15:30 on weekdays with no lunch break, and orders are pooled and matched at a single price from 8:30 to 9:00 and from 15:20 to 15:30 (as of 2026).
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.