“Useful-to-know Financial Terms #3: KONEX”

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“Korea New Exchange (KONEX) is a new stock exchange market exclusively for SMEs. SMEs and venture companies with huge growth potential but fall short of the requirements to be listed on the KOSPI or KOSDAQ will be listed and traded on the KONEX. KONEX is expected to provide efficient financing to SMEs and venture companies, expand investment opportunities in promising firms, and lay an important foundation for realizing Creative Economy and further develop the capital market.”

Related news articles
http://www.globalpost.com/dispatch/news/yonhap-news-agency/130630/krx-launches-new-venture-driven-konex-market-0

http://www.koreaherald.com/view.php?ud=20130630000301

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