Nextrade (NXT) Overview: History, Sharp Market Share Gains, and Key Differentiators

• Since the start of its operations on 4 March, Nextrade (NXT) has rapidly gained its market share to nearly 25% of the total equity trading value in Korea.

• Although retail investors account for about 95% of total trading value at NXT, there is a growing interest in more institutional investors trading through the Nextrade exchange.

• High frequency traders as well those trying to capitalize on lower trading transaction fees and alpha generating trading events/news flow in after hour markets are increasingly trading on the NXT.

Photo Source: Sora Chatgpt

Conclusion First

Since the start of its operations on 4 March, Nextrade (NXT) has rapidly gained its market share to nearly 25% of the total equity trading value in Korea. Although retail investors account for about 95% of total trading value at NXT, there is a growing interest in more institutional investors trading through the Nextrade exchange.

High frequency traders as well those trying to capitalize on lower trading transaction fees and alpha generating trading events/news flow in after hour markets for KRX (3:30pm) are increasingly trading on the NXT exchange.