Seoul: Nextrade, South Korea's first alternative trading system (ATS), announced on Wednesday that it accounted for nearly 30 percent of the country's total stock market trading value during its initial year of operation.

According to Yonhap News Agency, the cumulative value of stocks traded on NXT's platform reached 2,338 trillion won (US$1.58 trillion) between March 4, 2025, and the end of February. This figure represents 28.8 percent of the total trading value in the domestic stock market, which includes transactions on the Korea Exchange (KRX).

The report highlights a significant increase in the daily average trading value of stocks in the pre-and after-hours market, which grew more than eightfold from 1.1 trillion won to 8.9 trillion won during the specified period.

Looking ahead, NXT plans to offer a range of diversified investment options, including exchange-traded funds, fractional investment products, and tokenized securities. Since its launch in March of the previous year, NXT has operated for 12 hours daily, from 8 a.m. to 8 p.m., which is longer than the main KRX bourse's trading hours of 9 a.m. to 3:30 p.m. NXT also provides lower fees compared to the main bourse and introduces different stock bid and ask prices.