My colleague Matt Kang speaks Korean and I asked him for his input: South Korea has missed out on upgrade by the MSCI. Most likely it will not be available for trading for another 1 year. The next review is in June 2023. 한국코스피마켓에대한이해도가높은미국회사에서일하는전문가와얘기하는게큰도움이됩니다.
Why would that be the case. It was moved back to being classified as diversified index. Hence retail trading could legally commence at any time.
Based on the info that was released on 6.24.22 Reference- https://pulsenews.co.kr/view.php?sc=30800028&year=2022&no=554475
Had no idea about KOSPI drama. I used to trade it actively over 8 years ago. Very liquid and high tick value. Was awesome. I developed a very short term trading system that was analyzing market depth ACV and Walls. Signals were generated on the screen, but trading was manual. Was very time intensive and not scalable to large AUM. But it was fun for sure
If anyone interested in chatting about KOSPI happy to set up zoom call and share what I did/know years back. Do not mind sharing.