Get early access! Join the Twelve Data AI Assistant waitlist now.

760004

KRX
9,670 KRW
85
0.89%
Last update Aug 1, 3:00 PM KST
Market closed
Day range
9,670
9,670
Previous close
9,585
Open
9,670
Access this stock data via API
Subscribe
Kiwoom F-USD/KRW Inverse ETN 4
9,670.00
85
0.89%

Overview

Description

Kiwoom F-USD/KRW Inverse ETN 4 is an Exchange Traded Note designed to provide inverse performance corresponding to the daily returns of the USD/KRW currency pair. Its primary function is to offer investors a way to gain exposure to the inverse movements of this currency pair, particularly focusing on short-term market fluctuations. As an ETN, it is a debt instrument unlike traditional equities, and it does not own the underlying forex assets directly but tracks their performance through derivatives. This ETN is particularly relevant for investors who anticipate a decline in the value of the US dollar relative to the South Korean won or seek to hedge against currency risk associated with South Korean markets. It impacts the financial and currency sectors by providing a mechanism for risk management and speculative strategies related to currency exchange rates. Kiwoom F-USD/KRW Inverse ETN 4 plays a significant role in the financial market by enabling sophisticated trading strategies and offering diversification in an investor's portfolio. It exemplifies the innovative financial products that cater to niche market demands and currency-focused strategies.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
South Korea
MIC code
XKRX
Market closed

Exchange is currently closed
Pre-market opens in 13 hours 27 minutes

18:02
00:00
09:00
15:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:30 - 09:00
Main market
09:00 - 15:30
Post-market
15:30 - 18:00
All times are displayed in the Asia/Seoul timezone (KST, UTC+09:00).