The big screen short: Korea Exchange demos detection system

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The big screen short: Korea Exchange demos detection system

A demonstration of illegal short selling takes place at the Korea Exchange in Yeouido, western Seoul, on March 19. [YONHAP]

A demonstration of illegal short selling takes place at the Korea Exchange in Yeouido, western Seoul, on March 19. [YONHAP]

 
A demonstration of illegal short selling takes place at the Korea Exchange in Yeouido, western Seoul, on March 19.
 
Officials from the NSDS Supervision Team 1 and KB Securities conducted the demo of a computer system to detect such illegal transactions. A ban on short selling took effect in November 2023 after cases of naked short selling — shorting a stock without first borrowing the necessary shares — were detected, but it is set to be lifted at the end of the month.
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