Source Fact: Financial Supervisory Service DART / 2024-08-07
Disclosure Type: Market Action Notice for Derivatives / Notice on Stock Futures and Options Investment Caution (Re-notice)
💡 3-Second Summary
Following Hanwha Aerospace’s corporate spin-off decision, the final trading day for stock futures and options (Sep 2024 – Jun 2025) is scheduled to be changed to August 28, 2024, with new contract listings scheduled for suspension post-shareholder approval.
📊 1. [Key Disclosure Content & Key Figures Summary]
- Target Underlying Asset: Hanwha Aerospace (Stock Code: 012450)
- Scheduled Derivatives Market Measures:
- Contracts Subject to Final Trading Day Modification:
- Stock Futures & Options: September 2024, October 2024, November 2024 (scheduled for listing), December 2024, March 2025, June 2025 contracts
- Adjusted Final Trading Day: August 28, 2024 (The business day immediately preceding the start date of trading suspension for underlying shares)
- New Contract Listing Action: Suspension of new contract listings following the shareholder meeting approval (August 14, 2024)
- Contracts Subject to Final Trading Day Modification:
- Reason for Market Action: Decision on corporate spin-off of Hanwha Aerospace
- Governing Regulation: Articles 27, 37, and 155 of the Derivatives Market Business Regulations and Articles 11, 19, and 164 of the Enforcement Rules
- Other Important Notes:
- Details regarding the future listing of new stock futures/options for Hanwha Aerospace will be provided in subsequent notices
- The above plan is subject to change depending on the company’s shareholder meeting schedule and results
📈 2. [Expert Insight: What This Disclosure Means for Investors]
This filing serves as a preliminary advance notice (re-notice) regarding scheduled exchange administrative actions for stock futures and options underlying Hanwha Aerospace in connection with its corporate spin-off decision.
Under the outlined plan, the final trading days for active and scheduled expiration months spanning September 2024 through June 2025 are set to be moved to August 28, 2024. Additionally, listing new monthly contracts is scheduled for suspension following the August 14, 2024 shareholder meeting. As explicitly stated in the filing, these planned measures remain subject to potential changes based on the actual outcome and timeline of the shareholder meeting, making it important for market participants to treat this disclosure as a statement of preliminary plans.
📝 Editor’s Comment (by K-STOCK Editor)
Preliminary operational plans for stock futures and options tied to Hanwha Aerospace have been re-announced ahead of its corporate spin-off. The final trading day for applicable derivative contracts is scheduled for modification to August 28, 2024, which corresponds to the trading day immediately prior to the expected trading suspension of the underlying shares.
From an analytical standpoint, because the filing specifies that these measures are contingent upon the shareholder meeting schedule and results, the primary focus is to verify the outcome of the August 14, 2024 shareholder meeting and monitor any subsequent official announcements confirming the finalized derivative market actions.
📢 Disclaimer & Source Notice
Source: This content was newly structured and created based on official data submitted to the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
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