Korea Securities Depository (KSD) is the central securities depository of Korea, providing a wide range of post-trade services for the Korean securities market.
KSD was established in 1974 as a special corporation of a public nature. The participants of KSD number a total of 1,114, comprising financial institutions including securities companies, banks, insurance companies and foreign investors.
KSD holds in deposit securities valued at KRW 3,547 trillion (USD 3 trillion) as of end of 2016. KSD handles the settlement of securities traded on the Korea Exchange as well as the OTC settlement of equity and bonds, currently processing KRW 22.3 trillion daily in settlement funds.
Since KSD has direct impact on the market, there are several mechanisms to ensure the fairness and transparency of its activities, and KSD is supervised by regulatory bodies such as the Ministry of Strategy and Finance, Financial Supervisory Commission and Financial Supervisory Service.
Services at a Glance
KSD provides a wide range of services closely related to one or more back-office functions for the primary and secondary markets.