Korea Exchange Opens Extended Trading, ETFs Remain Excluded
The Korea Exchange has launched its new after-hours market, extending real-time trading from 4 p.m.
DWS and iFAST plan to launch four co-branded UCITS ETFs on the Singapore Exchange, covering AI and big data, Taiwan, Korea and Japan. The partnership gives DWS’s Xtrackers range access to iFAST’s Asian distribution network, including its 1.5 million-account FSMOne platform. The Irish-domiciled UCITS structure can offer Singapore investors tax advantages over US-domiciled ETFs, including lower US dividend withholding and exemption from US estate tax. The expansion comes as DWS prepares to exit its Hong Kong ETF listings.
The Korea Exchange has launched its new after-hours market, extending real-time trading from 4 p.m.
Schroders is preparing a broad expansion of its ETF platform, with new active UCITS strategies, additional hiring and a potential entry into Taiwan’s fast-growing ETF market.
DWS has partnered with Allfunds to make its full Xtrackers ETF and ETC range available through the wealth management distribution platform, expanding access to its $406bn ETF business.
The London Stock Exchange is discussing incentives with major ETF market makers, including Flow Traders, to support overnight liquidity on its planned LSE 24 venue.
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