Foreign Brokerages in Korea See Q2 Net Profit Surge 214%

The outsized gain reflects a market where foreign participation, not just index level, is doing the heavy lifting: trading volume more than tripled while profits roughly tripled, implying the surge is flow-driven and concentrated in a handful of global houses. That concentration matters because it ties Korean brokerage earnings to the same foreign desks that can rotate out quickly. Whether the volume surge persists once the index momentum cools is the open question.