Global TradFi & Macroeconomics

The KOSPI daily average trading volume fell to 21.3 trillion won in September, marking the lowest monthly level of the year, according to Korea Exchange data reported on Sept 20. The figure represents a 57.8% decline from June's peak of 50.3 trillion won over a three-month period. The sharp

The European Central Bank (ECB) officially began recruiting euro area e-commerce and mobile commerce businesses on Sept. 15, inviting merchants to participate in a digital euro pilot scheduled to launch in the second half of 2027. The pilot will test everyday payment scenarios, including online shopping, mobile payments, and in-person purchases. The deadline for merchant applications is Oct. 27, and the pilot will run for 12 months. The ECB has selected 36 PSPs to provide services, process payme

According to F&Guide, South Korea's active equity ETF market reached 14.1 trillion won in assets under management as of September 16, with 88 listed products, expanding 2.6 times from 5.4 trillion won in 2025. Retail investors increasingly shifted to active ETFs amid prolonged KOSPI weakness,

According to South Korea's Financial Supervisory Service, on September 20, the country's financial authorities announced new regulatory measures targeting margin trading as credit loan balances surged to 33.25 trillion won, nearly double the 16.84 trillion won recorded in January 2025. The FSS

According to Korea Exchange, KOSPI average daily trading volume fell to 21.26 trillion won in September, hitting the lowest level this year and down 57.8% from June's 50.35 trillion won. The monthly decline accelerated from July's 36.88 trillion won to August's 25.85 trillion won. Analysts

Korean aerospace exchange-traded funds recorded sharp gains during the week of the 11th to 17th as SpaceX announced plans for its Starship test flight. Shinhan Asset Management's SOL Aerospace Value Chain ETF led with a 9.01% return, followed by Hanwha Asset Management's PLUS Aerospace ETF

DB HiTek, a South Korean foundry company, received heightened investor attention during September 8-14 as KB Securities raised its target price from 170,000 won to 200,000 won. The upgrade followed supply shortages at TSMC and Samsung Electronics in advanced foundry operations, while China's AI

Korean stock market analysts issued conflicting forecasts following the US Federal Reserve's rate hike decision on September 16, as the KOSPI rebounded 2.66% to close at 6894.23 on the 18th. The divergence stems from differing interpretations of the Fed's 25-basis-point increase to a 3.75-4.00%

According to fund evaluation firm KG Zero In, South Korea's SOL Aerospace Value Chain ETF posted the highest weekly gain among domestic equity funds, surging 9.01% during the week of September 11-17. The rally was driven by anticipation ahead of SpaceX's scheduled 14th test flight of its Starship on

According to data from F&Guide, DB Hi-Tek dominated investor search rankings during September 8-14, claiming the top two positions for most-searched analyst reports. KB Securities raised its target price for DB Hi-Tek from 170,000 won to 200,000 won, citing structural chip supply imbalances

According to SoSoValue data, for the week ending September 18, Grayscale’s Zcash Spot ETF had net inflows of $98.21 million, the highest among the 14 types of crypto Spot ETFs in the United States. During the same week, the 12 Bitcoin Spot ETFs had combined net inflows of just $6.21 million, while Ethereum Spot ETFs had net outflows of $140 million. ZCSH’s Fund Flows This Week: $84.23 Million Concentrated on Thursday and Friday, Plus Cumulative Data for the Four Weeks Since Listing ZCSH had net

The Korean monthly dividend ETF market experienced significant growth as the Bank of Korea maintained its base rate at 3.0% in September with the KRW/USD exchange rate at 1346. Domestic covered call ETF assets under management expanded from 15.1087

According to Korean Economic Daily, as of late August, Korean covered call ETFs saw their combined assets under management reach 27.57 trillion KRW, up 12 trillion KRW since the start of 2026. However, the outlet warned that high distribution rates do not guarantee strong returns. Among the top 19 K

SpaceX CFO Brett Johnson said at a Goldman Sachs conference that the company is increasingly confident it can achieve its $100 billion annual revenue target. Meanwhile, SPCX stock is expected to receive a near-term boost on September 21: More than 1 billion shares will be unlocked, and JPMorgan estimates that this will force index funds to passively buy approximately $15.5 billion worth of SPCX stock. SpaceX CFO's Statements at the Goldman Sachs Conference: Specific Terms of Three New AI Hashrat

On Sept. 18, U.S. Eastern Time, the U.S. memory-chip sector once again became the market's focus. According to Gate 股票 market data, 闪迪（SNDK） opened at $1,625.20 that day, reached an intraday high of $1,797.00, and ultimately closed at $1,791.82, up 10.99% for the day and bringing its market cap to $262.36 billion. In after-hours trading, the stock price climbed further to $1,798.00. Source: Gate 股票 market data The main force behind the rise came from the options market

Shinhan Financial Group met with VinGroup executives on the 17th at Shinhan Vietnam headquarters to expand cooperation beyond auto finance into capital markets. The expansion builds on an existing relationship where Shinhan Vietnam Bank provided cumulative $100 million in auto loans to VinFast

According to Shinhan Financial's announcement on September 20, the South Korean bank expanded its partnership with Vietnam's largest company by market cap, Vingroup, moving beyond auto financing into capital markets. Since 2024, Shinhan Vietnam Bank has provided $100 million in cumulative auto

Avalanche Treasury CEO Bart Smith warned at Avalanche Summit that as AI agents enter financial markets on a massive scale, blockchain blockspace will come under unprecedented pressure: “Blockspace is no longer unlimited.” He also predicted that traditional financial markets are highly likely to move toward 24/5 trading by mid-2027. Smith’s Warning on L1 Blockspace Scarcity: The Scale of AI-Agent Financial Trading and Differences in L1 Technology In an exclusive interview with The Block, Smith sa

Vicor Corporation (VICR), a Massachusetts-based power conversion technology company, saw its US stocks surge 18.5% on 17일 (local time) following announcements of a tripled factory expansion and a new patent licensing agreement with an unnamed large AI manufacturer. On 16일,

According to BlockBeats, Kalshi filed proposed rule changes with the SEC and CFTC on September 20 to launch perpetual futures contracts linked to U.S. equities. The proposed contracts will have no set expiration date and maintain price alignment with underlying stocks through regular funding rate