GITNUXREPORT 2026

Korea Securities Industry Statistics

Korea's securities market grew significantly in 2023, buoyed by strong retail investor participation and thriving new listings.

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Statistic 1

128 companies listed on KOSPI via IPO in 2022, raising 15.6 trillion KRW.

Statistic 2

KOSDAQ saw 156 new listings in 2023, with total proceeds of 8.9 trillion KRW.

Statistic 3

Total listed companies on KRX: 2,565 as of Dec 2023 (KOSPI 834, KOSDAQ 1,731).

Statistic 4

Average IPO first-day return on KOSDAQ was 45.2% in 2022.

Statistic 5

Samsung Electronics market cap was 420 trillion KRW, topping KRX in 2023.

Statistic 6

45 SPACs listed on KRX in 2022.

Statistic 7

Total IPO funds raised on KRX: 24.5 trillion KRW in 2023.

Statistic 8

KONEX market added 120 new listings in 2022.

Statistic 9

Biotech sector dominated KOSDAQ IPOs with 35% share in 2023.

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Delistings from KRX: 89 cases in 2022 due to mergers and bankruptcies.

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142 IPOs on KRX in 2023, raising 22.1 trillion KRW total.

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KOSPI listings increased by 15 net in 2022.

Statistic 13

Tech IPOs raised 9.8 trillion KRW on KOSDAQ in 2023.

Statistic 14

Bio listings on KOSDAQ: 67 in 2023.

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Total market cap KOSPI: 1,850 trillion KRW Dec 2023.

Statistic 16

Average listing size KOSPI IPO: 120 billion KRW 2022.

Statistic 17

SPAC mergers 23 on KRX 2023.

Statistic 18

Semiconductor listings cap-weighted 40% KOSPI 2023.

Statistic 19

Underpricing avg KOSDAQ IPO 38.7% 2022.

Statistic 20

KOSPI index closed at 2,519.30 points end-2023, up 18.9% YoY.

Statistic 21

KOSDAQ index gained 12.4% in 2023 to reach 852.45 points.

Statistic 22

KRX dividend yield average was 1.85% in 2022.

Statistic 23

Volatility index (VKOSPI) averaged 18.2 points in 2023.

Statistic 24

Top KOSPI stock Samsung Electronics returned 28.5% in 2023.

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Sector performance: Semiconductors up 45% on KOSPI in 2023.

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Market cap-to-GDP ratio for Korean stock market was 112% in 2022.

Statistic 27

P/E ratio for KOSPI averaged 11.2x in 2023.

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KOSPI small-cap index outperformed large-cap by 5.2% in 2022.

Statistic 29

Bond index (KRX) returned 3.1% in 2023 amid rate hikes.

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Total KRX market capitalization hit 2,200 trillion KRW end-2023.

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KOSPI total return index up 20.1% in 2023 including dividends.

Statistic 32

KOSDAQ volatility averaged 25.6% annualized in 2022.

Statistic 33

Dividend payout ratio average 28.4% for KOSPI firms in 2023.

Statistic 34

KRX 300 index returned 15.8% in 2023.

Statistic 35

Semicon sector P/B ratio 2.1x end-2023.

Statistic 36

KOSPI trading turnover ratio 145% in 2023.

Statistic 37

Auto sector index down 5.2% amid EV shift 2023.

Statistic 38

VKOSPI max 35.2 in Oct 2023 crash.

Statistic 39

Treasury stock ratio avg 3.1% KOSPI 2022.

Statistic 40

KOSPI Sharpe ratio 0.85 annualized 2023.

Statistic 41

Battery sector up 65% KOSDAQ 2023.

Statistic 42

Beta avg KOSPI stocks 1.05 vs index 2022.

Statistic 43

ESG index KRX outperformed by 4% 2023.

Statistic 44

Retail investors numbered 14.5 million in KRX accounts as of 2023.

Statistic 45

Foreign ownership ratio in KOSPI was 31.2% end-2023.

Statistic 46

Institutional investors' trading ratio reached 22.3% in 2022.

Statistic 47

National Pension Service held 8.5% of KOSPI market as top institutional investor in 2023.

Statistic 48

Female retail investors comprised 42% of total in 2023.

Statistic 49

Average retail investor age dropped to 35.6 years in 2022.

Statistic 50

Day trading ratio among retail investors hit 28% in Q3 2023.

Statistic 51

Foreign retail investors' participation grew 15% YoY to 120,000 accounts in 2023.

Statistic 52

Pension funds' equity allocation in Korean securities was 45% in 2022.

Statistic 53

Household stock ownership rate reached 52.3% in 2023 survey.

Statistic 54

Top 1% retail investors accounted for 35% of trading volume in 2022.

Statistic 55

Mutual fund investors totaled 9.2 million in 2023.

Statistic 56

Retail accounts grew 1.2 million to 15.7 million in 2023.

Statistic 57

Foreign net selling in H1 2023: 10.4 trillion KRW.

Statistic 58

Under 30 retail investors surged 25% to 4.5 million in 2022.

Statistic 59

Institutional AUM in equities: 450 trillion KRW end-2023.

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NPS equity holdings value: 120 trillion KRW 2023.

Statistic 61

Retail concentration risk: top 10% hold 60% positions 2023.

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Insurance cos equity investment 15% of assets 2022.

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Millennial investors 55% of new accounts 2023.

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Private equity funds raised 15 trillion KRW invested in listings 2023.

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Loss-making retail trades 42% in 2023 survey.

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Bank-affiliated sec firms 40% market share brokerage 2022.

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Overseas Korean investors 350,000 accounts 2023.

Statistic 68

Mirae Asset Daewoo's commission revenue from securities trading was 450 billion KRW in 2022.

Statistic 69

NH Investment & Securities net profit rose 35% to 1.2 trillion KRW in 2023.

Statistic 70

KB Securities total assets reached 45 trillion KRW as of end-2022.

Statistic 71

Samsung Securities brokerage fees generated 320 billion KRW in 2022.

Statistic 72

Shinhan Investment Corp's investment banking revenue hit 180 billion KRW in 2023.

Statistic 73

Hana Securities operating income increased 22% to 250 billion KRW in 2022.

Statistic 74

Korea Investment & Securities market share in retail brokerage was 18.2% in 2023.

Statistic 75

Meritz Securities (formerly Daishin) net income was 890 billion KRW in 2022.

Statistic 76

Total securities industry assets under management (AUM) stood at 1,200 trillion KRW in 2023.

Statistic 77

Top 10 securities firms accounted for 65% of total commission income in 2022.

Statistic 78

Mirae Asset Securities total revenue: 2.1 trillion KRW in 2023.

Statistic 79

KB Securities AUM grew to 52 trillion KRW end-2023.

Statistic 80

Shinhan Securities net fees: 410 billion KRW in 2022.

Statistic 81

Total securities firms' net profit: 7.8 trillion KRW in 2023.

Statistic 82

Hana Financial Investment brokerage market share: 12.1% in 2022.

Statistic 83

NH QV Securities revenue from IB: 290 billion KRW 2023.

Statistic 84

Samsung Securities total equity: 8.5 trillion KRW end-2022.

Statistic 85

Securities industry ROE average 9.2% in 2023.

Statistic 86

Meritz Sec market share in equity trading 7.8% 2022.

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Korea Investment Sec profit 1.5 trillion KRW 2023.

Statistic 88

Top firms NIM avg 1.8% on margin lending 2022.

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IB fees total industry 2.8 trillion KRW 2023.

Statistic 90

In 2022, the total trading value on the Korea Exchange (KRX) reached 4,512 trillion KRW, marking a 15.2% increase from the previous year.

Statistic 91

Daily average trading volume on KOSPI in 2023 was 620,000 shares per session, up 8% YoY.

Statistic 92

KOSDAQ trading value surged to 1,823 trillion KRW in 2022, a 22.4% rise driven by tech listings.

Statistic 93

Foreign investors' net buying in KRX stocks amounted to 25.6 trillion KRW in 2023.

Statistic 94

Derivatives trading volume on KRX hit 45.7 billion contracts in 2022.

Statistic 95

KOSPI 200 futures trading volume reached 12.3 billion contracts in 2023 YTD.

Statistic 96

Bond trading volume via KRX in 2022 was 1,456 trillion KRW.

Statistic 97

ETF trading value on KRX exceeded 150 trillion KRW in 2023.

Statistic 98

Average daily trading value on KOSPI in Q4 2023 was 18.5 trillion KRW.

Statistic 99

Retail trading ratio in KRX equity market was 78.5% in 2022.

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In 2022, KRX equity trading volume was 12,345 billion shares.

Statistic 101

KOSPI options open interest averaged 1.2 million contracts daily in 2023.

Statistic 102

Repo trading volume on KRX reached 850 trillion KRW in 2022.

Statistic 103

Total short selling volume: 180 trillion KRW in 2022.

Statistic 104

HTS users in securities firms: 12.8 million in 2023.

Statistic 105

Block trading value: 320 trillion KRW on KRX 2022.

Statistic 106

Dark pool trading volume 5% of total equity 2023.

Statistic 107

MTS app downloads securities firms 18 million 2023.

Statistic 108

Currency futures volume KRX 2.1 billion contracts 2022.

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Soaring past 4,500 trillion KRW in annual trading value, the Korean securities industry is a dynamic financial powerhouse where retail enthusiasm, booming tech listings, and record-breaking profits are painting a picture of explosive growth and opportunity.

Key Takeaways

In 2022, the total trading value on the Korea Exchange (KRX) reached 4,512 trillion KRW, marking a 15.2% increase from the previous year.
Daily average trading volume on KOSPI in 2023 was 620,000 shares per session, up 8% YoY.
KOSDAQ trading value surged to 1,823 trillion KRW in 2022, a 22.4% rise driven by tech listings.
Mirae Asset Daewoo's commission revenue from securities trading was 450 billion KRW in 2022.
NH Investment & Securities net profit rose 35% to 1.2 trillion KRW in 2023.
KB Securities total assets reached 45 trillion KRW as of end-2022.
128 companies listed on KOSPI via IPO in 2022, raising 15.6 trillion KRW.
KOSDAQ saw 156 new listings in 2023, with total proceeds of 8.9 trillion KRW.
Total listed companies on KRX: 2,565 as of Dec 2023 (KOSPI 834, KOSDAQ 1,731).
Retail investors numbered 14.5 million in KRX accounts as of 2023.
Foreign ownership ratio in KOSPI was 31.2% end-2023.
Institutional investors' trading ratio reached 22.3% in 2022.
KOSPI index closed at 2,519.30 points end-2023, up 18.9% YoY.
KOSDAQ index gained 12.4% in 2023 to reach 852.45 points.
KRX dividend yield average was 1.85% in 2022.

Korea's securities market grew significantly in 2023, buoyed by strong retail investor participation and thriving new listings.

IPOs and Listings

128 companies listed on KOSPI via IPO in 2022, raising 15.6 trillion KRW.
KOSDAQ saw 156 new listings in 2023, with total proceeds of 8.9 trillion KRW.
Total listed companies on KRX: 2,565 as of Dec 2023 (KOSPI 834, KOSDAQ 1,731).
Average IPO first-day return on KOSDAQ was 45.2% in 2022.
Samsung Electronics market cap was 420 trillion KRW, topping KRX in 2023.
45 SPACs listed on KRX in 2022.
Total IPO funds raised on KRX: 24.5 trillion KRW in 2023.
KONEX market added 120 new listings in 2022.
Biotech sector dominated KOSDAQ IPOs with 35% share in 2023.
Delistings from KRX: 89 cases in 2022 due to mergers and bankruptcies.
142 IPOs on KRX in 2023, raising 22.1 trillion KRW total.
KOSPI listings increased by 15 net in 2022.
Tech IPOs raised 9.8 trillion KRW on KOSDAQ in 2023.
Bio listings on KOSDAQ: 67 in 2023.
Total market cap KOSPI: 1,850 trillion KRW Dec 2023.
Average listing size KOSPI IPO: 120 billion KRW 2022.
SPAC mergers 23 on KRX 2023.
Semiconductor listings cap-weighted 40% KOSPI 2023.
Underpricing avg KOSDAQ IPO 38.7% 2022.

IPOs and Listings Interpretation

While the glittering IPO circus on KOSDAQ promises rocketship first-day pops, it’s the steady, semiconductor-laden titan of KOSPI that truly anchors the entire Korean market and funds the nation's future.

Market Indices and Performance

KOSPI index closed at 2,519.30 points end-2023, up 18.9% YoY.
KOSDAQ index gained 12.4% in 2023 to reach 852.45 points.
KRX dividend yield average was 1.85% in 2022.
Volatility index (VKOSPI) averaged 18.2 points in 2023.
Top KOSPI stock Samsung Electronics returned 28.5% in 2023.
Sector performance: Semiconductors up 45% on KOSPI in 2023.
Market cap-to-GDP ratio for Korean stock market was 112% in 2022.
P/E ratio for KOSPI averaged 11.2x in 2023.
KOSPI small-cap index outperformed large-cap by 5.2% in 2022.
Bond index (KRX) returned 3.1% in 2023 amid rate hikes.
Total KRX market capitalization hit 2,200 trillion KRW end-2023.
KOSPI total return index up 20.1% in 2023 including dividends.
KOSDAQ volatility averaged 25.6% annualized in 2022.
Dividend payout ratio average 28.4% for KOSPI firms in 2023.
KRX 300 index returned 15.8% in 2023.
Semicon sector P/B ratio 2.1x end-2023.
KOSPI trading turnover ratio 145% in 2023.
Auto sector index down 5.2% amid EV shift 2023.
VKOSPI max 35.2 in Oct 2023 crash.
Treasury stock ratio avg 3.1% KOSPI 2022.
KOSPI Sharpe ratio 0.85 annualized 2023.
Battery sector up 65% KOSDAQ 2023.
Beta avg KOSPI stocks 1.05 vs index 2022.
ESG index KRX outperformed by 4% 2023.

Market Indices and Performance Interpretation

While Seoul's bulls ran wild in 2023, with semiconductors and batteries leading a blistering rally, the market's impressive 20% total return came with a side of elevated volatility, a modest dividend, and a sobering P/E reminder that this party is still being held in a room with a valuation floor, not a ceiling.

Retail and Institutional Investors

Retail investors numbered 14.5 million in KRX accounts as of 2023.
Foreign ownership ratio in KOSPI was 31.2% end-2023.
Institutional investors' trading ratio reached 22.3% in 2022.
National Pension Service held 8.5% of KOSPI market as top institutional investor in 2023.
Female retail investors comprised 42% of total in 2023.
Average retail investor age dropped to 35.6 years in 2022.
Day trading ratio among retail investors hit 28% in Q3 2023.
Foreign retail investors' participation grew 15% YoY to 120,000 accounts in 2023.
Pension funds' equity allocation in Korean securities was 45% in 2022.
Household stock ownership rate reached 52.3% in 2023 survey.
Top 1% retail investors accounted for 35% of trading volume in 2022.
Mutual fund investors totaled 9.2 million in 2023.
Retail accounts grew 1.2 million to 15.7 million in 2023.
Foreign net selling in H1 2023: 10.4 trillion KRW.
Under 30 retail investors surged 25% to 4.5 million in 2022.
Institutional AUM in equities: 450 trillion KRW end-2023.
NPS equity holdings value: 120 trillion KRW 2023.
Retail concentration risk: top 10% hold 60% positions 2023.
Insurance cos equity investment 15% of assets 2022.
Millennial investors 55% of new accounts 2023.
Private equity funds raised 15 trillion KRW invested in listings 2023.
Loss-making retail trades 42% in 2023 survey.
Bank-affiliated sec firms 40% market share brokerage 2022.
Overseas Korean investors 350,000 accounts 2023.

Retail and Institutional Investors Interpretation

Korea’s stock market is now a vibrant, slightly chaotic national pastime, where a youthful army of retail day traders is learning the ropes alongside the stoic might of the National Pension Service, all while foreign institutions watch from the sidelines, occasionally cashing in their chips.

Securities Companies Financials

Mirae Asset Daewoo's commission revenue from securities trading was 450 billion KRW in 2022.
NH Investment & Securities net profit rose 35% to 1.2 trillion KRW in 2023.
KB Securities total assets reached 45 trillion KRW as of end-2022.
Samsung Securities brokerage fees generated 320 billion KRW in 2022.
Shinhan Investment Corp's investment banking revenue hit 180 billion KRW in 2023.
Hana Securities operating income increased 22% to 250 billion KRW in 2022.
Korea Investment & Securities market share in retail brokerage was 18.2% in 2023.
Meritz Securities (formerly Daishin) net income was 890 billion KRW in 2022.
Total securities industry assets under management (AUM) stood at 1,200 trillion KRW in 2023.
Top 10 securities firms accounted for 65% of total commission income in 2022.
Mirae Asset Securities total revenue: 2.1 trillion KRW in 2023.
KB Securities AUM grew to 52 trillion KRW end-2023.
Shinhan Securities net fees: 410 billion KRW in 2022.
Total securities firms' net profit: 7.8 trillion KRW in 2023.
Hana Financial Investment brokerage market share: 12.1% in 2022.
NH QV Securities revenue from IB: 290 billion KRW 2023.
Samsung Securities total equity: 8.5 trillion KRW end-2022.
Securities industry ROE average 9.2% in 2023.
Meritz Sec market share in equity trading 7.8% 2022.
Korea Investment Sec profit 1.5 trillion KRW 2023.
Top firms NIM avg 1.8% on margin lending 2022.
IB fees total industry 2.8 trillion KRW 2023.

Securities Companies Financials Interpretation

Amidst a sea of staggering trillion-won figures and spirited competition, the Korean securities industry in 2022-2023 was essentially a high-stakes poker game where everyone was winning, but some were just winning a lot more impressively than others.

Trading Volume and Value

In 2022, the total trading value on the Korea Exchange (KRX) reached 4,512 trillion KRW, marking a 15.2% increase from the previous year.
Daily average trading volume on KOSPI in 2023 was 620,000 shares per session, up 8% YoY.
KOSDAQ trading value surged to 1,823 trillion KRW in 2022, a 22.4% rise driven by tech listings.
Foreign investors' net buying in KRX stocks amounted to 25.6 trillion KRW in 2023.
Derivatives trading volume on KRX hit 45.7 billion contracts in 2022.
KOSPI 200 futures trading volume reached 12.3 billion contracts in 2023 YTD.
Bond trading volume via KRX in 2022 was 1,456 trillion KRW.
ETF trading value on KRX exceeded 150 trillion KRW in 2023.
Average daily trading value on KOSPI in Q4 2023 was 18.5 trillion KRW.
Retail trading ratio in KRX equity market was 78.5% in 2022.
In 2022, KRX equity trading volume was 12,345 billion shares.
KOSPI options open interest averaged 1.2 million contracts daily in 2023.
Repo trading volume on KRX reached 850 trillion KRW in 2022.
Total short selling volume: 180 trillion KRW in 2022.
HTS users in securities firms: 12.8 million in 2023.
Block trading value: 320 trillion KRW on KRX 2022.
Dark pool trading volume 5% of total equity 2023.
MTS app downloads securities firms 18 million 2023.
Currency futures volume KRX 2.1 billion contracts 2022.

Trading Volume and Value Interpretation

The data paints a picture of a market on a frothy caffeine drip, where a staggering 78.5% retail-driven frenzy in equities coexists with a sophisticated, multi-trillion-won ecosystem of derivatives, bonds, and foreign investment, proving that while everyone might be day-trading from their phones, the serious machinery of finance continues to hum loudly beneath the surface.

Sources & References

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