Daedong

Short description: South Korean tractor company

Daedong Corporation

Native name

| 주식회사 대동
Type| Public

Traded as

Short description: Securities exchange operator in South Korea

Korea Exchange| 한국거래소

Type| Stock exchange
Location| Busan & Seoul, South Korea
Coordinates|  [ ⚑ ] 35°08′12″N 129°03′53″E﻿ / ﻿35.136721°N 129.064746°E﻿ / 35.136721; 129.064746 (Busan)
Founded| 1956; 70 years ago (1956)
Key people| Sohn Byung-doo
(Chairman & CEO)
Currency| South Korean won
No. of listings| 2,445 (as of May 2021)[1]
Market cap| ₩2,604 trillion KRW ($2.3 trillion USD)[2]
Indices| KOSPI
KOSDAQ
KRX 100
Website| www.krx.co.kr
eng.krx.co.kr
Daedong

Hangul|

한국거래소

Hanja|

韓國去來所

Revised Romanization| Hanguk Georaeso
McCune–Reischauer| Hanguk Kŏraeso

Korea Exchange (KRX, 한국거래소) is the sole securities exchange operator in South Korea . It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.

## Contents

* 1 History
* 2 Traded Instruments
* 3 See also
* 4 References
* 5 External links
* 6 History
* 7 Kioti Tractor
* 8 Product range
* 9 See also
* 10 References
* 11 External links

## History

The Korea Exchange was created through the integration of Korea Stock Exchange (KSE), Korea Futures Exchange and KOSDAQ Stock Market under the Korea Stock & Futures Exchange Act. The securities and derivatives markets of former exchanges are now business divisions of Korea Exchange: the Stock Market Division, KOSDAQ Market Division and Derivatives Market Division. As of Dec 2020, Korea Exchange had 2,409 listed companies with a combined market capitalization of ₩2.3 quadrillion KRW (US$2.1 trillion). The exchange has normal trading sessions from 09:00 am to 03:30 pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[3]

On 22 May 2015, the Korea Exchange joined the United Nations Sustainable Stock Exchanges initiative in an event with the UN-SG Ban Ki-moon in attendance, as well as senior officials from UN Global Compact and UNCTAD.[4]

## Traded Instruments

KOSPI Market Division

* Stocks
* Bonds
* Exchange Traded Funds (ETFs)
* Exchange-Linked Warrants (ELWs)
* Real Estate Investment Trusts (REITs)

KOSDAQ Market Division

* Stocks

Derivatives Market Division

* Index Instruments: KOSPI 200 Index Futures, KOSTAR Futures, KOSPI 200 Index Options
* Single Stock Futures
* Equity Options
* Interest Rate Instruments: 3-Year KTB (Korea Treasury Bond) Futures, 5-Year KTB Futures, 10-Year KTB Futures
* Foreign Exchange Instruments: USD Futures, JPY Futures, EUR Futures, USD Options
* Commodity Instruments: Gold Futures, Mini-gold Futures, Lean Hog Futures

## See also

* Korea Financial Investment Association
* List of East Asian stock exchanges

## References

1. ↑ ""Global KRX About KRX KRX Overview History"". http://global.krx.co.kr/main/main.jsp.
2. ↑ ""시가총액"". http://www.krx.co.kr/main/main.jsp.
3. ↑ Market Hours, Korea Exchange via Wikinvest
4. ↑ "UN Secretary-General Joins Business Leaders in Seoul, Calls for Urgent Action on Poverty, Climate Change and Conflict". UN Global Compact. https://www.unglobalcompact.org/news/1881-05-19-2015.

## External links

* Korea Exchange Website

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Industry| Agricultural machinery
Founded| May 20, 1947; 78 years ago (1947-05-20)
Headquarters|

Daegu, South Korea

Area served

| Worldwide

Key people

| Kim Joon-Sik
Chairman & CEO
Products| Tractors
Combines
Forage equipment
Seeding & Tillage equipment
Diesel engines
Revenue| KRW 895.7 billion (FY 2020)
Website| https://www.daedong.co.kr
https://www.kioti.com
Footnotes / references
[1]
Kioti logo

Daedong Corporation, also known by the brand name Kioti in North America, is a South Korea agricultural machinery manufacturer founded in 1947 and headquartered in Daegu, South Korea. Its main products include tractors, combine harvesters, all-terrain utility vehicles and engines .[2]

## History

At first, Daedong's business was primarily in metal casting. Daedong began producing agricultural machinery in 1949.[3]

By 1985 they exported their first tractors, and Kioti USA was formed 1993.[4][5] The company was formerly known as Daedong Industrial Co., Ltd. and changed its name to Daedong Corporation in March 2021.[6]

## Kioti Tractor

Kioti Tractor (/kaɪˈoʊti/ "coyote") is the trade name for Daedong tractors in U.S. and other markets.[7]

## Product range

* Tractors
* Farm implements
* Attachments
* Zero-turn Mowers
* Rice transplanters
* Combine harvesters
* All-terrain vehicles
* Skid-steer loaders
* Engines[8]

## See also

* List of tractor manufacturers

## References

1. ↑ "Daedong Corp000490.KS". https://www.reuters.com/companies/000490.KS/profile.
2. ↑ "Daedong Corp". https://www.bloomberg.com/profile/company/000490:KS.
3. ↑ "대동 70년" (in ko). https://www.kamnews.co.kr/news/articleView.html?idxno=1499.
4. ↑ "Kioti UK Ltd". https://aea.uk.com/products/kioti-uk-ltd/.
5. ↑ "Tractor maker Kioti unveils its first CTL and skid steer". https://www.equipmentworld.com/equipment/article/14972810/kioti-to-introduce-ctls-and-skid-steers-to-dealers-in-2021.
6. ↑ "Daedong Corporation (000490.KS)". https://finance.yahoo.com/quote/000490.KS/profile?p=000490.KS.
7. ↑ "KIOTI France Selects ARI’s eCatalog Solutions to Support Its Dealers". https://arinet.nl/news/kioti-france-selects-aris-ecatalog-solutions-to-support-its-dealers/.
8. ↑ "Kioti parts catalog". AGA Parts. https://www.aga-parts.com/kioti/.

## External links

* Daedong Official Website

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