Market Link Guide - South Korea
|Settlement free of payment||Yes|
|Settlement against payment||Yes||Eligible settlement currency: KRW (Korean Won).|
|Settlement penalty fees||Yes||Refer to the Market Profile.|
|Automatic compensation||No||Refer to Entitlement Compensation Rules.|
|Multi Market Securities||No|
|Lending and borrowing||No|
|Liquidity Hub Connect||No|
|Sale and purchase of rights||No|
|Market restrictions||Yes||Refer to Investment Regulation.|
|Type of link||CSD or settlement method|
|Indirect via HSBC Seoul.|
The Korea Securities Depository (KSD).
Note: South Korean securities can only be transferred domestically; Internal and Bridge transactions are not allowed.