Our experience with successfully launching KOSDAQ helped us establish the FreeBoard and manage the OTC Bond Market. Building on those successful experiences, KOFIA provides transparent and accurate information to current and future investors.
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 FreeBoard |
 Based on our success with KOSDAQ, KOFIA renovated the Over the Counter Bulletin Board (OTCBB) to establish and operate the FreeBoard. The FreeBoard is much more flexible in its listing requirements than other exchanges, and is therefore able to provide numerous non-listed SMEs and venture firms with opportunities to raise capital. KOFIA is responsible for the listing and delisting of issues and other activities necessary to maintain order in the FreeBoard. The FreeBoard is currently in a stage of infancy, but is expected to grow rapidly in the future.
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| OTC Fixed Income Market |
| KOFIA plays an important role in ensuring transparency and efficiency of the OTC fixed income market by collecting and disseminating vital trading data. KOFIA runs the Bond Quotation System, which displays bid and ask quotations in real-time to help bond traders in their transactions. KOFIA also provides many other types of bond-related data. All bond transactions must be reported to KOFIA within 15 minutes of the transaction. KOFIA posts the daily yields of 41 types of bonds and 371 closing yields. Among them, the 5-year treasury bond yield is the benchmark indicator of the Korean financial market. All bond trading data can be viewed on the Bond Information System, allowing bond traders easy access to the data. |
| Disclosure of Fund Information |
| KOFIA provides valuable information on funds through the KOFIA website. Such information helps investors compare the total expense ratio, prospectus, net asset value (price of fund per share), and inflow/outflow of all funds launched in Korea before they make any investment decisions. |
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