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flag South Korea launches new stock exchange, Nextrade, to end decades-long monopoly and cut costs.

flag South Korea launched its second stock exchange, Nextrade, ending a 70-year monopoly by The Korea Exchange. flag Nextrade offers 12-hour trading days and lower fees, starting with ten listed stocks, expanding to 800 by March 31. flag This move aims to boost competition, reduce costs, and improve trading convenience for investors. flag However, concerns about market volatility and foreign investor dominance persist.

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