Citi About Citi    
SOUTH KOREA - Capital Market Infrastructure Summary

Central Securities Depository
Korea Securities Depository

BIS Model
Model 3

Settlement Cycle
KOSPI Market:
T+2 for Stocks
T+1 for Government bonds
T for General bonds
KOSDAQ Market:
T+2 for Stocks
T+1 for Derivatives (options, futures)

The settlement cycle is T+2 for stock transactions and KSD employs DVP Model 3

Key terms defined in our glossary:

Central Securities Depository
BIS Model 3
Settlement Cycle

The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.