Nextrade (Korea's alternative trading venue)

Korea's first alternative stock trading venue, launched in March 2025 alongside the Korea Exchange.
Also known as: NXT, alternative trading system, ATS

What it is

Nextrade (NXT) began trading on March 4, 2025 as Korea's first alternative trading system. Listings stay with the Korea Exchange; Nextrade only matches trades in a set list of already listed stocks.

Hours

Besides its main session, Nextrade runs a pre-market from 8:00 to 8:50 a.m. and an after-market from 3:30 to 8:00 p.m. KST, giving longer trading hours than the exchange's regular session. The Korea Exchange itself has run a 4:00–8:00 p.m. after-hours market since September 14, 2026.

What to keep in mind

Not every stock trades on Nextrade and the eligible list can change. Brokers route orders between venues under best-execution rules, so fills can differ slightly between markets. Check whether your broker supports Nextrade orders.

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This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.

Nextrade (Korea's alternative trading venue): questions

What is Nextrade?
Korea’s first alternative trading system, live since March 4, 2025. Companies stay listed on the Korea Exchange; Nextrade only matches trades in a set list of already listed stocks.
What hours does Nextrade run?
A pre-market from 08:00 to 08:50 and an after-market from 15:30 to 20:00 KST, around its main session.
Can I trade every Korean stock there?
No. Only stocks on the eligible list, which changes over time, and only through brokers that support it. Fills can differ slightly between venues under best-execution routing.