The regulations for negotiated trading under the KRX system have introduced the following changes:
- Either the buyer or the seller can initiate the negotiated trade, and the other party can confirm or reject the transaction.
- Executed negotiated orders cannot be modified or canceled.
- For unexecuted negotiated orders, the initiating party may cancel their created order.
- The system will automatically cancel any unexecuted negotiated orders placed before 2:45 PM. Customers will need to place a new order if desired.