The Korea Times
Improvements to the omnibus account system for foreign investors earlier this year led to a rise in foreign retail inflows into Korea’s stock market, supporting the KOSPI’s recent upward momentum, market experts said Tuesday. Korea introduced the omnibus account system in 2017 to facilitate foreign investors' trading of Korea-listed stocks. However, its adoption remained limited due to stringent eligibility criteria and unclear guidelines. To address this, the Financial Services Commission revised the relevant rules earlier this year, scrapping restrictions on account eligibility. The change allows overseas investors to trade Korean stocks directly through offshore brokers without opening separate accounts with local securities firms, significantly improving market access. “Foreign investors, who had been attracted to Korea’s strong semiconductor earnings and relatively low valuations, previously gained exposure mainly through exchange-traded funds (ETFs). However, the easing of omnibus account regulations has paved the way for direct inflows of foreign retail capital,” said
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